Money Talk: Beware Credit-Repair Rip-Offs
Question: I’m seeking help in reviewing my credit report and how to fix any issues. I am not financially distressed, but have FICO scores in the 675 range. Could you recommend someone I can hire to assist as I need to refinance a house I bought for cash? Answer: There’s so much fraud in the credit repair industry that you’re likely better off doing it yourself rather than exposing yourself to rip-offs. Credit repair companies aren’t...
Consumer Confidential: Anthem’s Good Intentions Get Lost in Aggressive Telemarketing
Joseph Goldstein received a call the other day at his Los Angeles home from someone claiming to represent his insurer, Anthem Blue Cross. The caller said he knew that one of Goldstein’s family members had been seriously injured in a fall and wanted to make sure that Goldstein knew about Anthem’s wellness and home-care programs. “They said I had to sign up right away or I’d lose these benefits,” Goldstein recalled. “It was a very hard...
