May 2008 Archives

The City of San Francisco is suing the National Arbitration Forum on behalf of California consumers. According to statistics compiled by the state, credit card companies won 99 percent of of arbitration cases heard by NAF in California from 2003...
(UPDATED below)The same attorneys suing LifeLock appear to be coming across as our new consumer guardian & a watchdog overseeing identity theft prevention companies and advertisements that may confuse us! I am not confused -about LifeLock's services, I am confused...
On SpotLight Thursday: Meet the founder of msfraud.org Robert John Wright (aka Jack Wright). Hear how he lost his home even though he made all his payments. And how he has been fighting to find justice for himself, and those...
Foreclosures are on the rise, and lenders and loan servicers are making a lot of mistakes in the process. In many cases, the servicers don't have the right to foreclose on homes because they don't own the loans. But unless...
Remember to take the time to say a prayer and a thank you to those families that sacrifice so very much... Could you sacrifice as much as these brave men, woman and children do? Regardless how you feel about the...
On SpotLight this week, we had the opportunity to interview Robert Sola. He is one of the very few FCRA experts who represents consumers who can't get their credit reports corrected. He has been litigating cases under the Fair Credit...
From The NBC Today Show: Todd Davis, CEO of an identity-theft protection service called LifeLock, kept putting his Social Security number in TV commercials and daring somebody to take it. So he shouldn’t have been surprised when an identity thief...
LifeLock CEO Finds Identity Under Attack From Lawyers TEMPE, Ariz.--(BUSINESS WIRE)--LifeLock CEO Todd Davis has become famous for his commercials where he offers his social security number to demonstrate how confident he is in his company's identity theft protection program....
Recently, an Orlando jury ordered Equifax to pay nearly $3 million in the case of a woman who says the company ruined her credit in an identity mix-up. Meet her Attorney... Robert Sola. Jim and I will interview Attorney Robert...
May 19, 2008 - Experian has just announced a new service. It's called Account Monitoring Service and it allows businesses to monitor your credit report with much greater ease. Experian's description of the service says that it is a "comprehensive...
Danny Schechter: "Economic crisis is ruining people's lives, the media has failed to tell the full story..." Danny Schechter the "News Dissector" tells The Real News that the Wall St. crisis is about to become part of the political debate...
Through the wonders of modern technology, some of those federal economic stimulus checks are being deposited directly into recipients' bank accounts. But some are not - and are instead winding up in the bank accounts of complete strangers. "We do...
A computer error at student lender Sallie Mae resulted in about a million of its customers being erroneously reported for several days as delinquent on their loans, causing their credit scores to plunge before the problem was corrected, the company...
Identity Theft Bust Could Involve Thousands Of Victims "...this is the largest one I've ever seen" An officer-involved shooting at a downtown Omaha hotel last week led to the uncovering of a potential major ID theft ring. Another major ring...
A recent email received from a small business owner: "I received an order for parts from our online website. The order was quite large so I decided to check it out further. I'm glad I did because the credit card...
The FBI issued an alert this week warning that wireless Internet networks, often called Wi-Fi hotspots, are more vulnerable to hackers than most users probably realize. Wi-Fi hotspots are at airports, fast food restaurants, bookstores, coffee shops, sports bars, school...
Thanks to all that listened to our first live radio show SpotLight -yesterday. The e-mails and support are very much appreciated! As we move forward, we hope to make SpotLight a show that is interactive, informative, and most of all...
Science Applications International Corp May 7, 2008 - WASHINGTON-Bank cannot find six backup tapesMore than 1,300 SAIC stockholders are at risk of identity theft after a box of magnetic backup tapes went missing in New Jersey earlier this year.The tapes...
The Consumer Warning Network is a team of devoted fraud investigators, seasoned media professionals and tenacious class action litigators working together to expose organizations ripping off the public at large. Here's a recent video they produced to help consumers fight...
I'm excited to announce a new project...A new blogtalkradio show: SpotLight SpotLight with Denise Richardson & Jim Malmberg launches on BlogTalk Radio May 8th at 1:00 P.M. Eastern Time Our show is a program designed to shine a spotlight on...
Educating College Students about Credit By Guest Blogger: Heather Johnson Many students are emerging from college with a substantial amount of credit card and student loan debt. In fact, nearly two-thirds of all four-year college graduates have student loans and...
Thieves May Be Stealing and Selling Your I.D. You are a commodity. Thieves buy and sell people's identities 24 hours a day in fast-paced chat rooms. Dan Clements showed us how the chat rooms work. Clements founded CardCops.com, a company...
Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, yesterday introduced comprehensive legislation to improve credit card billing, marketing, and disclosure practices. The Credit Card Accountability, Responsibility and Disclosure Act (the C.A.R.D. Act) is...
A memoir exposing the steep price consumers pay when facing mortgage servicing errors, inaccurate credit reporting, illegal debt collection practices, identity theft and weak consumer protection laws. THE BOOK » DENISE'S STORY »