FTC announces top consumer complaints of 2010
Mar 14, 2011 Brian Bradley
The U.S. Federal Trade Commission recently unveiled its top consumer complaints from 2010 - with identity theft topping the list for the 11th straight year.The FTC said that it had received some 1.34 million consumer complaints during 2010
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Used car loans exceeded loans for new inventory in 2010
Feb 25, 2011 Brian Bradley
Consumer auto loans are up and delinquencies are falling, but those facts are not persuading consumers to pursue loans for new vehicles, the Credit Union Times reports. Additionally, loans for used cars are keeping the business sector profitable
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Minnesota car dealer busted in auto loan scam
Feb 17, 2011 Brian Bradley
The owner of a Minnesota car dealership was sentenced to 10 years in prison and forced to repay more than $31 million after he was found guilty of running a lengthy auto lending scam that included $80 million in false loans, Reuters reports.Denny
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Half of Americans didn''t check credit score in 2010
Feb 15, 2011 Brian Bradley
The New York Federal Reserve reports that more people are taking out credit cards, but only 50 percent of Americans checked their credit reports in 2010, according to a consumer survey by credit.com.Nearly 27 percent surveyed said they had
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MicroBilt merges with CL Verify
Feb 11, 2011 Brian Bradley
MicroBilt, a company that provides credit servicing solutions to small and medium businesses such as guitar stores, furniture centers and auto dealers, recently announced a merger with CL Verify, one of the nation's top short term lending fraud
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