According to this article from WalletPop.com, a consumer watchdog site, the company BadCustomer.com keeps a list of customers who request a credit card reversal after making a purchase with a company. One single credit card reversal can land customers on…
Posts Categorized In: Current Affairs
California Debt Blog: Debt Collectors’ Claims Beginning to Cause Doubt Among New York Judges
According to this New York Times article, during the current recession, debt collectors in New York have begun to file suits against debtors in record numbers – and often, this occurs without sufficient evidence that the collectors have the right…
Is Life Insurance for Stay at Home Parents Necessary?
When evaluating their life insurance, many couples assume they only need life insurance for an employed spouse. After all, stay at home parents, caregivers for elderly parents and other non-employed spouses typically don’t contribute financially to the household. In addition,…
California Debt Blog: FAQ: What is a debt collector forbidden from doing?
Question: I think my debt collector is harassing me. What is the debt collector legally forbidden from doing to collect the debt? Answer: The Federal Trade Commission publishes a guide for consumers that details exactly what debt collectors can and…
California Debt Blog: Supreme Court Ruling Helps Protect Consumers from Debt Collectors
On April 21 the U.S. Supreme Court issued a ruling in favor of debtors who are subject to abuses at the hands of debt collectors. In Jerman v. Carlisle, the Court ruled that if a debt collector makes an incorrect…
Proposition 17 Changes California’s Car Insurance Rules
Proposition 17, which will appear on the June ballot in California, could result in big changes for purchasers of car insurance in California. The proposition was written and funded by Mercury Insurance, California’s fourth-largest auto insurance company. The proposition would…
California Debt Blog: FAQ: Credit Checks by Prospective Employers
Can a Potential Employer Run a Credit Check on Me? In California, yes. A bill went through the California Legislature last year that would have prohibited employers from running credit checks on perspective employees, but it was vetoed by Governor…
Bill Imposes Larger Fines for Illegal Cell Phone Use
A bill proposed in the California State Senate hikes the fines for the illegal use of a cell phone while driving. A California State Senate committee approved the bill this week. The current law, which went into effect July 1,…
California Debt Blog: New Regulations in Effect for Credit Monitoring Services
New rules for credit monitoring services went into effect April 2. The regulations require companies that offer credit monitoring services to add warning labels about their services. Websites offering “free” credit reports must now tell consumers that a free credit…
Staying Trim Helps Men Avoid Serious Bodily Injury in Auto Accidents
Scientists at the Medical College of Wisconsin’s Injury Research Center studied 11,000 drivers between 2001 and 2005 and recently concluded that in car accidents, obese men are much more likely to sustain serious upper body injuries than are normal weight…