So, all telemarketing robocalls magically vanished a few months ago when the FTC banned them, right? Um, not quite. There are still companies out there exploiting their metallic minions in the name of feeding deceptive information to consumers. This month, the FTC filed suit against three companies that were pumping out “hundreds of thousands or even millions” of calls offering questionable interest-rate reduction services.
NBC San Diego found a local wine distributor who was issued a credit card with a 79.9 percent APR.
Brian suffered a couple of credit card maladies: Washington Mutual shut down his credit card due to inactivity and was stuck with a high interest report and credit report hit due to two missed payments in 2006. After Chase absorbed WaMu, Brian got on the horn and worked the customer service labyrinth until he fixed both problems.