After four years of studying high-cost short-term payday and auto-title loans, your BBB® has learned that the Consumer Financial Protection Bureau has released proposed rules intended to prevent borrowers from falling into a costly debt trap, leaving people worse off than if they hadn’t borrowed money at all...
Your BBB® is receiving an increased number of calls from homeowners contacted by entities claiming to be mortgage servicers. People are calling and mailing homeowners, pretending to be their mortgage company, offering fake loan modifications and “trial payment plans” to lower mortgage payments.
Facebook has changed the way a lot of people view and interact with the world. Your BBB®, like millions of you, has a Facebook page. We like and share content from others as well as produce our own content, similar to this blog, to help educate consumers on common scams amongst other things. BBB wants to remind consumers to like and share with caution as scammers are taking advantage of this social platform and our reflex to like or share content quickly using a tactic called “like-farming.”
As noted in previous articles, spring has most definitely arrived. The gardens are getting into full swing, and the land is green and lush. And soggy. Part of my lawn looks like a swamp. The rains are upon us, and I know we need them, but it is difficult, especially since I own a big white dog, Willoughby, the Great Pyrenees. White dogs and mud don’t work well together. There seems to be an unknown magnetic force that draws them to each other, and the results are not pretty. But that’s another story...
With Internet and mobile device usage increasing during the summer months, your BBB® wishes to pass along information about Internet Safety Month from the National Cyber Security Alliance (NCSA) (of which BBB is a partner) and ConnectSafely have teamed up to remind digital citizens of all ages to take security measures when online.
Your BBB® has recently learned about a new twist on the tech support scam. If you aren’t familiar with the tech support scam, it generally works like this: the scammer will call you claiming they are with Windows or Microsoft or another large tech company...
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