I had a call at work saying that there is a legal action against my ss number and if this is you to press zero and then it hangs

This is a common scam. Do not return the call. Do not provide any information. Do file a complaint with the Federal Trade Commission and...

Wife and i cosigned for son and wife to purchase home they are breaking up what is our legal responsibility. ”

Generally the lender can hold a borrower or cosigner to their contract, and divorce or separation (either of the principal debtor or cosigner) only...

This is a scam. Consumer lawyes see lots of these. Do not respond. File complaints with the Federal Trade Commission, Consumer Financial...

Can the finanace company change the amount financed after I signed the contract?

Most car dealers in Illinois have "yo yo" provisions in their contract, making their obligation to sell conditioned on a finance company agreeing...

I have been paying a debt collector since 2011. They are charging me 5% interest on my balance. Is this legal in my state?

You need to contact a consumer lawyer in your state. Whether interest may be charged, and how much, depends on state laws, which vary widely, and...

A lender is required to comply with its contract. In addition, it is a violation of the Truth in Lending Act and state law to disclose a rate...

Do banks loan their own money when extending a line of credit or approving credit card applications for consumers?

They may lend their own money or money which they borrow from depositors, other banks, or others. Regardless of what you may read on certain web...

I am receiving threatening phone calls about a payday loan that I never took out, I am being threatened with criminal fraud

This is a common scam. Report it to the Attorney General, FTC and Consumer Financial Protection Bureau. A lawsuit is not feasible -- no one to...

My wife died 6/18/2014 and I was an authorized user of her credit card, I notified the credit card customer service of her death

Generally an authorized user is not liable for any charges on the account, at least if no use was made of the account after death. Only the estate...

Hi, I have a car that is in repo bought in another State. Have issue with dealer selling me a prior crashed(totaled)car.

Generally if you find yourself unable to afford a car, you are much better off selling it than allowing it to be repossessed. This is because...