A 42-year-old Burnsville man was sentenced to 4.5 years in federal prison by a federal judge in Wisconsin earlier this week. The Minnesota resident had been convicted of running a Ponzi scheme leading up to his sentencing. The U.S. Attorney's Office argued that the...
If you rely on your car to get to and fro, then it may be an absolute nightmare to think of the prospect of not having access to it. This is what motivates many consumers to continue making timely loan payments. What if you were consistent in making loan payments, but...
'Tis the season for false advertising? That's right! Black Friday is right around the corner. Year-end car sales will start being advertised on television, the radio, online and in the newspaper soon as well. The holiday season is just one time during the year during...
Each year, many consumers find out that they're not going to be able to reach their financial goals of owning a car or home or taking out a loan because their credit score isn't what it needs to be to make this happen. One elderly Florida man recently learned this...
When an asset gets repossessed, it's stressful enough even if you understand why it's happening. If you don't make your mortgage payments and they start to foreclose on your house, you know why you reached this point, but it still puts incredible pressure on you and...
There are many reasons to review your credit report regularly, with the potential to pinpoint a mistake at the top of your list. It's difficult enough to obtain and maintain a good or excellent credit score without a mistake (or several) on your credit report. But if...
There are various consumer laws in place here in Minnesota that aim to protect state residents from companies that look to create monopolies. There is also legislation on the books that protect Minnesotans from falling victim to deceptive business owners. Other laws...
Plaintiffs in Illinois, who'd previously filed suit in U.S. district court accusing the owners of a medical marketing company of violating their rights by sending them text messages lost their Telephone Consumer Protection Act (TCPA) case last week. A judge ruled that...
Software and app developers have been hard at work during the past few years developing mobile technology aimed at curbing wrongful repossession (repo) rates of vehicles. One of the standout programs that has emerged from all of their hard work is a mobile platform...
If you have some type of past-due debt (and even if you don't), you could hear from a debt collector. A phone call from a debt collector can catch you off guard, making it difficult to respond in the appropriate manner. Fortunately, when you have a plan for what you...