Consumer Protection Archives

Americans struggling, worrying about debt

The American Institute of Certified Public Accountants (AICPA) said a new poll that it commissioned shows that 73 percent of Americans live with debt. The AICPA says that outstanding household debt in the U.S. has hit a new high of $12.84 trillion, even as consumer spending is increasing at a faster clip than any since 2009.

Beware the coming flood of flood-damaged used cars

It might seem that Philadelphia consumers would be safe from unscrupulous car dealers trying to peddle vehicles damaged by hurricanes Harvey and Irma, but don't count on it. Though the flood damage occurred mainly in Texas and Florida, there will be car dealers across the country trying to unloaded cars, pick-ups and SUVs that were flooded by the historic storms.

Federal appeals court applies brakes to debt collection agencies

The United States Court of Appeals for the Third Circuit serves Pennsylvania, New Jersey and Delaware. A recent opinion issued by the court in a debt collection case could well have a positive impact on Philadelphia consumers.

Will Ford's credit change make car repossessions rise?

A lot of Philadelphia drivers are looking forward in these last days of summer to the day when the Ford Motor Company releases its 2018 vehicles to dealers. The company is coy about the exact date of the release, saying only that will happen in fall.

Understanding what debt collectors can and cannot do

When your phone rings, you wonder if it's your BFF, your mom or maybe your boss calling. But when you pick your phone up, the number is unfamiliar. The voice on the other end is just as unfamiliar and begins explaining that you owe money. And asking when you are going to pay off your debt.

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