PROVIDING FINANCIAL EDUCATION, ACROSS AMERICA - ONE COMMUNITY AT A TIME
Our Mission: To be a leading provider in financial literacy programs across America, one community at a time.
87% of teens report their parents are their main source of financial education, while more than 56% of married couples
report having serious problems related to their finances.
(Moneymanagement.com & Charles Schwab Foundation)
Revisiting The Basics To Ensure Your Family's Financial Future.
November 12, 2014 | Category: Debt Management
| Author: Federal Trade Commission
Companies have left people’s sensitive personal and financial information in all the wrong places — in dumpsters, on car seats, and even in employees’ backpacks.
Now, the FTC has sued two debt sellers for posting spreadsheets with the sensitive information of more than 70,000 people on a public website, making it — along with information about a debt they might owe — available to anyone who happened on the site.
The companies involved were debt brokers. Instead of collecting debts, debt brokers sell information about people who might owe money on a debt to interested debt collectors. Typically, when selling debt, a broker will give potential buyers general information about the debts they’re selling and the people who allegedly owe the debts.
But the information these companies posted was anything but general:...