Posts Tagged ‘news’

“Police say that Balderrama shot herself Tuesday afternoon 90 minutes before her foreclosed home on Duffy Drive was scheduled to be sold at auction. Chief Raymond O’Berg said that Balderrama faxed a letter to her mortgage company at 2:30 p.m., telling them that ‘by the time they foreclosed on the house today she’d be dead.’” [...]

People with shaky credit are getting suckered by risky loans against their paychecks, homes—and even cars. Dragged Down by Debt | Newsweek

I have a backlog of cool articles in my starred items folder in Google Reader. Here they are:

Good news from a debt-collection industry source: Collectors Face New Law in Colorado, and NY Considers Debtor’s Bill of Rights | Collection News
Countrywide CEO Gave Below Market Rate Loans To Senators From A Special “VIP Desk” | Consumerist
Subprime [...]

Hundreds of brokers netted in FBI sweep Arrests include two former Bear fund execs charged with fraud | MSNBC

Anatomy of a Meltdown: The Credit Crisis | Washington Post

Latest Gallup Poll Shows 43% of Americans Pays Credit in Full | StopBuyingCrap.com

Alright, maybe Elizabeth Warren isn’t a superstar to everyone. But she is the unequivocal rock star of the consumer movement. So it is totally appropriate that she’s now palling around with the most rockin’ politician since JFK. She appeared with Senator Obama Wednesday in Chicago to discuss credit cards, and I can only imagine the [...]

Prices up, home values down, employment dropping slowly and wages lagging: a consumer nightmare. Consumers being squeezed from two sides | MSNBC

My officemate, Pete Barry, was on the local Fox 9 News last night in a story about abusive debt collectors, especially one of his clients. The segment includes some of Pete’s “greatest hits” from his cases, including some pretty impressive language and threats.

What you need to know about bogus charges on your phone bill | ABC News