OTTAWA — New rules in Ontario to better protect consumers from unscrupulous debt settlement companies come into force this week, but bankruptcy trustees says those in financial trouble seeking help still need to be cautious.

Trustee Doug Hoyes says unscrupulous companies that were taking advantages of borrowers in trouble have already closed up shop in anticipation of the new rules taking effect.

However, he says the new regulations set up a possible conflict of interest for collection agencies that will also be able to offer debt settlement services.

It certainly opens the door for a different form of collection activity, said Hoyes, co-founder of bankruptcy...

Identity theft is one of the fastest-growing fraud issues at the Internal Revenue Service). Online thieves have been capturing Social Security numbers and other tax filing data to file fraudulent returns, principally for the purpose of stealing refunds.

Just this past tax season, TurboTax, the leading tax preparation software company, had to stop transmitting state tax returns and introduce new safeguards after a run of suspicious returns. In March, the US Treasury Department reported slightly more than 2.9 million incidents of tax-related identity theft in 2013, up from 1.8 million in 2012.

As to dollar loss, in January, the General Accounting Office said the IRS had prevented...

You may know that it is imperative to prep your vehicle for the harsh winter months, but summer maintenance is important too. There are automotive measures that you should take when things heat up, and youre ready to hit the road for that hard-earned vacation.

More Car Use Requires More Car Attention

Nice summer weather may entice you to be on the road more, so make sure that your vehicle is in the best condition to handle all of those miles in the sun. You will also want to enable your car to get the best gas mileage possible.

  • De-Winterize your car. Before you do anything else, get rid of those heavy snow tires because they significantly lower your fuel economy....

Paying for things with a credit or debit card is something many of us do every day. But paying with plastic comes at a risk. Five people in Aiken are behind bars and many others still out there accused of cloning cards and using them at area businesses. Scammers are using the cloned cards to purchase gift cards to department stores, convenience stores and pharmacies.

Brian Wu, 51, was arrested this week for using a duplicate card at a dollar store in Clearwater, SC

The Dollar General manager said the Wu went from the Dollar General to the Bi-Lo filling up gift cards with money he stole from cloned credit cards. He was asking for a lot more than ten and twenty dollar gift cards....

SPOKANE, Wash. – The Spokane Police Department has warned retailers of several suspects that are using fraudulent credit cards to purchase GoPro cameras.

Police said they have received two reports of multiple suspects using fraudulent cards and identification when purchasing cameras.

The first report was made on June 10 just before 1:00 pm Police were called to Wheel Sport on North Division Street and East Augusta Avenue. During this incident, police said a dark-haired male and blonde female used a stolen credit card to purchase two GoPro cameras for a total of $978.

The second report was made on June 23 just after 4:00 pm Police were called to Sportsmans Warehouse...

North Carolina-based BBamp;T Dealer Finance, a division of BBamp;T Dealer Financial Services, has announced the launch of a nondiscretionary dealer compensation program, providing a competitive automobile financing program that eliminates pricing discretion in the consumer transaction.

The program changes will go into effect on July 1, 2015, and will no longer allow dealer markup on retail instalment sales contracts. BBamp;T Dealer Finance will instead offer a flat-fee dealer compensation program.

We are committed to the fair and equal treatment of all consumers, said Derek Lane, BBamp;T Dealer Financial Services manager. The automobile finance industry provides a valuable service,...

Wilton Manors police put three men behind bars Tuesday after officers discovered a stash of counterfeit credit cards and money during a traffic stop over a cracked windshield.

John Hora, 20, of Pompano Beach, was behind the wheel of a silver Cadillac ATS when officers spotted the cars cracked windshield and conducted a traffic stop in the 1800 block of North Andrews Avenue, according to a police report.

Many people consider student loans to be a necessary evil. Young people want to attend college in order to get the kinds of jobs that will allow them to get ahead in life, but tuition rates are too high for most students (and parents) to pay out of pocket.

How difficult is it to qualify for these loans, and how can borrowing money for education expenses affect your credit?

Getting Approved for College Financing

While it is a little easier to qualify for student loans than it is for other types of loans, you will still be expected to have reasonably good credit in order to be approved. And there are a few more requirements to consider.

  • You will need to have...

You also could carry this information on a flash, or thumb, drive, which doesnt have to be so dull that it practically screams, Serious, important stuff here. The issue, of course, is that you may lose your thumb drive and your information is there for any common crook to see.

You can encrypt your drive using a free software program (Ive used Rohos and sometimes Bitlocker as part of a software pacakge), but lets say youre at work (I am) and you do not have permission to download anything (I dont), which makes the downloading software idea a nonstarter. (The other thing that might make this a nonstarter: messing around with software, which either bores you or terrifies you. I confess...

A Philadelphia man will serve time in a state prison for spending other peoples money.

Eric Jenkins, 35, of the 3200 block of Ridge Avenue, was sentenced to one to three years in a state prison after pleading guilty Monday in Montgomery County Court to fraud and criminal mischief for using stolen credit cards to make $575 in purchases.