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Arkansas Attorney General Sues Operators of 6 Online Payday Lenders

Arkansas Attorney General Dustin McDaniel filed a consumer protection lawsuit against a Missouri man and two companies that control six payday loan websites offering loans to Arkansas consumers at interest rates that exceeded 600 percent.

The lenders known to be controlled by the defendants include: Action Payday, Bottom Dollar Payday, Everest Cash Advance, Paradise Cash Advance, Red Leaf Lending and The VIP Loan Shop. Continue reading “Arkansas Attorney General Sues Operators of 6 Online Payday Lenders” »

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My Credit Score Was Ruined Over Medical Bills and Health Issues. What Should I Do?

Q: Help. I need your assistance on a matter. My credit score was 710. I missed a couple of payments on a credit card and this put a black mark on my once flawless credit report. My score dropped to 635 and is affecting my other accounts. What can I do? I already called the bank. I was late due to some health issues that I have been consumed with.

A: Thanks for writing me, and I’m sorry to hear about your recent credit and health problems.

If your credit card company won’t delete the negative payment from your credit files — and it sounds like they’ve declined to do that — really the only option you have is to continue to pay all your bills on time and let your score recover from the hit that it’s taken.

Continue reading “My Credit Score Was Ruined Over Medical Bills and Health Issues. What Should I Do?” »

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Follow The Money Coach On Twitter, Facebook and LinkedIn for Free Help With Your Finances

 

Over the next few weeks we will be giving away a lot of free items to our subscribers including autographed books, ebooks and audio downloads. Soon, some of you who have written me over the past year will also have a chance to participate in my upcoming webinar and a free financial bootcamp. Details will follow soon.

We will announce these offers on specific social networks such as LinkedIn, Facebook and Twitter. To increase your chances of getting a freebie signed, sealed and delivered from The Money Coach, be sure to follow me on all three.

Here are today’s deals and freebies for everyone that already subscribes.

Get a free one on one credit analysis compliments of The Money Coach.

Get the Zero Debt, Your First Home, or Perfect Credit ebooks for just $1.99 each for a limited time.

 

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5 Ghoulish Financial Scams That Can Wreck Your Budget on Halloween and Beyond

You never want to play “trick or treat” with financial con artists. Unfortunately, consumers do it all year long. Here are 5 ghoulish financial scams that can wreck your budget on Halloween -  and all year long!

Foreign Lottery Scam – Here’s one straight from Transylvania. You get a letter telling you that you’ve won a million dollars. All you have to do is sacrifice your personal identification and you are on your way to riches. Don’t let some financial blood-sucker take a bite out of your bank account with the foreign lottery scam. Just say no.

Mystery Shopper Scam – Some invisible man wants to mail you a check to deposit into your bank. Once the check has cleared (which it never will) he says you will get to go on a shopping spree or you’ll qualify for a job as a mystery shopper. Of course there is no real job. This is totally fictitious. The only mystery here is the identity of the financial predator you’ve just turned your bank account information over to. Do yourself a favor and tell this phantom “thanks, but no thanks.”

Continue reading “5 Ghoulish Financial Scams That Can Wreck Your Budget on Halloween and Beyond” »

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Disclaimer

All information on this blog is for educational purposes only.  

Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney.

If you need specialty financial, investment or legal advice, please consult the appropriate professional.

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