Federal Trade Commission Urges Wire Fraud Victims to Apply for Restitution

(CBM) – We’ve all seen those emails from Nigerian businessmen who promise millions of dollars in exchange for the use of your bank account to free up money trapped in American banks. However, the issue of wire fee fraud is a serious problem, and up until recently, there was little recourse for people who lost […]

5% of Consumers Had Errors on Their Credit Reports

WASHINGTON – A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans and insurance. Overall, the congressionally mandated study on credit report accuracy found that […]