Archive for 'Scams' Category
File Segregation - Can you create a new credit file?
9 August 2006One of the more dangerous credit repair schemes you can get involved in is something called file segregation. It’s being touted by many unscrupulous credit repair companies as a way to try to boost your credit score by giving you a blank slate. Essentially, what they recommend for you to do is go get an [...]
Moving Scams - Movers Holding Your Stuff Hostage
9 August 2006Having just gone through a move myself, I’m a little sensitive to this. It turns out interstate moves can be highly risky if you aren’t careful, because they aren’t very well regulated. According to Liz Pulliam Weston at MSN Money, unscrupulous moving companies have a scam where they agree with you on a price, and [...]
Scam Alert: Free Lunches for the Elderly
20 July 2006It’s the newest twist on the old time-share conference scam, only this time they’re targeting the elderly. A number of different investment firms with products of questionable value have set up shop in retirement communities, offering seniors a free lunch in exchange for listening to a pitch on investment products. The scams often involve a bait [...]