scam

In the past few weeks, I’ve been reading some articles, along with their comments, about people cutting up their credit cards. There are multiple rationales behind this decision. One such rationale is that the credit card companies act immorally by preying on the “weak” who fall into the trap of credit. Another rationale is that [...]

Welcome to the 76th edition of Money Hacks Carnival. In this edition, I’ll be presenting some interesting and fun facts about money along with the submissions. For editor’s picks, please look for entries noted with (EP).

Money Fact #1: $1 bills wear out in about 17 months. Bills of larger denomination last longer because they are [...]

Bad economy and high unemployment means there are a lot of families facing financial crisis and possibly home foreclosure. Making Home Affordable refinancing and loan modification program is helping, but unfortunately, not everyone is eligible. This crisis creates opportunities for scammers who promise to stop foreclosure are out to make a quick buck. And this [...]

In the credit card world, scam operators are taking money from innocent customers without adding value, misrepresenting claims and simply performing shoddy service. Fortunately, customers have an avenue to complain and the FTC has also taken pretty tough actions. Below are some examples of the actions that the FTC has taken against some shady companies. [...]

Our society is filled with con artists who are promising people a lifeline through jobs, recession-proof income, and access to free government grant money. They are bleeding money from individuals like you and me, and from the economy as a whole. The Federal Trade Commission is cracking down on scammers trying to take advantage of [...]

I got a call from a company called Steel River today. The lady on the phone said that their cleaning truck will be in my neighborhood and wanted to know if I want the chimney cleaned. Because the truck will be in the area she was able to offer me $49 for the chimney inspection [...]

This year, President Obama introduced the Making Home Affordable program to help homeowners to keep their homes by making mortgage payments affordable. The plan affects about 7 to 9 million people, and you can use the self-assessment tools to see if you’re eligible. When you visit the tool, you’ll notice that there are two options: [...]

Have you heard of FreeCreditReport.com before?  If you watch television at all, you probably came across their free credit report commercials more than once.  And if you do a Google search for “Free Credit Report”, they will actually come up as the #2 result.  Don’t believe their commercials or their extremely misleading name even for [...]

Last week, Moolanomy’s Extra Income Guide was featured as part of the 25 most helpful articles written by PF bloggers, and it was also part of the Free Money Finance March Madness, Round 1, Posts 1-4 competition.  Thank you Bob and FMF.  It’s an honor to be included in the list and be part of [...]

The first Presidential Debate was terrific.  Both Senator McCain and Senator Obama shared their thoughts about The Financial Crisis of 2008.  I was ecstatic when Obama clearly articulated other crises that also require our attention, but I also have to give McCain a credit for using the word GREED to explain our current dilemma.
10 Day [...]