| Volume 23 Number 9 |
Subscribe to the Newsletter
Forward this news alert to your family and friends
Helpful Links
Texas Consumer Complaint Center
Credit Reports and Identity Theft
Your Guide to Small Claims Court
Contact Us
1-713-743-2168
The People’s Lawyer’s Tip of the Day
If you can't get a good interest rate, consider increasing the amount of your monthly payment. For a $15,000 loan at 21 percent interest, payable at $405.80 for 60 months, the interest charge you pay over the term of the loan is $9,348.02. Your total repayment amount is $24,348.02. By adding just $50 a month, you shorten your payoff term to 50 months and save $1,814.22 in interest.
Cell Phone Hoax
You may have received an email telling you that your cell phone is about to be assaulted by telemarketing calls as a result of a new cell phone number database; however, that is not the case. Federal Communications Commission regulations prohibit telemarketers from using automated dialers to call cell phone numbers. Click here for more.
Double Whammy: Foreclosure and Taxes
If you thought a bank foreclosure ended the financial miseries associated with your former home, think again. You could soon be hearing from the IRS about taxes due in connection with the residence you no longer own. Click here for more.
Top Five Money Moves in Your Forties
The 40S are possibly the most challenging decade in anyone's life. Referred to as the "sandwich generation," 40-somethings often end up financially supporting their college-bound children at the same time that they're caring for their aging parents. Unfortunately, by focusing on all of these dependents, they often forget to take care of their own financial health. Here are the five money moves that everyone in their 40s should make to ensure their savings and assets will be protected in the years to come. Click here for more.
Tips For A Smarter Divorce
Four out of five divorces are unwanted by one spouse. But if you are facing a split, it's in your interest to be prepared. Here's how. Click here for more.
Your Money
What is your net worth? Click here for more.
For the Lawyers
A company routinely requesting fraud alerts from credit reporting agencies as a part of a for-pay "identity theft protection" package has abused the Fair Credit Reporting Act's protections, and has willfully mislead consumers and credit reporting agencies, a complaint filed Feb. 13 in the Central District of California alleged Click here for more.