It could come crawling out of its crypt on Halloween, covered in cobwebs and dust. It is the zombie debt, and a financial expert warns that debt collectors may try to haunt you with the debt, though it might not actually be a valid debt for any number of reasons."As...
Month: October 2016
Dealer Fraud: Recalled Certified Vehicles
Dealers want to be able to sell vehicles as Certified even if they are subject to open recalls. I addressed this travesty in my last post. A Blogger, Joanne Doroshow, recently posted a very apt blog on the subject.Ms. Doroshow starts by nailing the context and...
CERTIFIED SCAM: CERTIFIED BUT RECALLED
Readers of this blog know that I consider Certified programs to be a complete scam. This is not real supevision and accountability and thus no real standards. It's a real and growing area of Dealer Fraud and Manufacturer Fraud as well.A recent article published by...
Regulators slap bank hard for improper vehicle repossessions
Wells Fargo Bank has been on the receiving end of stern criticism over the past months for a scheme that involved more than a million fraudulently opened bank accounts. While that scandal has engulfed the company in controversy, a less-publicized scandal has mostly...
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