Scams for the Current Economic Crisis

For once, I am not talking about Congress or their $700 billion Wall Street bailout boondoggle that may or may not work. Of course, it doesn't seem to be doing anything for the stock market, but Bush warned us that it would take time to have an effect. Many consider that the biggest scam of them all, but what I am talking about today are some of the most common scams that crop up during economic hard times. These are things, put together into a list by our friends at the L.A. Times, that even Pelosi and Reid can agree are pretty dirty tricks to play on consumers. If you are a small business owner working out of your home, or your credit has taken some damage as the economy picked up speed on the downward spiral, make sure you pay special attention. Credit Repair Scams With the rise of the FICO Score as the primary grade of credit-worthiness, so rose a cottage industry of people claiming that they can clean up your credit, raise your score and open the door to low interest... [Read Full Article]