Entries by Debtmerica

Swanson cracks down on fraudulent debt management companies

Minnesota Attorney General Lori Swanson is cracking down on companies making false promises about lowering interest and credit card rates in exchange for up-front fees paid by consumers. Swanson announced Tuesday that the state had filed separate lawsuits against three companies posing as debt counseling services that had charged initial fees for services that were […]

Swanson cracks down on fraudulent debt management companies

Minnesota Attorney General Lori Swanson is cracking down on companies making false promises about lowering interest and credit card rates in exchange for up-front fees paid by consumers. Swanson announced Tuesday that the state had filed separate lawsuits against three companies posing as debt counseling services that had charged initial fees for services that were […]

Bank of America and Chase adjust handling of overdraft fees

Bank of America and JPMorgan Chase has announced that they will both be adjusting the way their debit card programs handle overdraft fees by allowing the opting out of overdraft protection and adjusting how charges are credited. News of the adjustments will likely be welcomed by those looking to consolidate debt that may have been […]

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