People Come First At Our Consumer Rights Law Firm
Identity theft reports have skyrocketed during the last five years, and credit card theft remains the most common, according to new statistics. According to the report, it is estimated that as many as one out of three Americans fall prey to becoming a victim of identity theft each year. Identity theft can include criminals using mail theft, credit card skimming,…
In today's financial landscape, credit reports play a pivotal role in various aspects of our lives. Lenders, insurers, employers, and landlords rely on these reports to make informed decisions. However, Urban Institute reported in 2021 around 28% of Americans had a...
According to CNBC, the Federal Trade Commission took 2.4 million financial fraud reports in 2022. In today's digital age, financial scams have become increasingly sophisticated and prevalent. Falling victim to a scam can result in significant financial losses and...
In a world where digital transactions have become the norm, people must keep their financial information safe. Enter the Electronic Fund Transfer Act, a powerful legislation that serves as a shield against potential fraud and unauthorized transactions. The EFTA...
EFTA stands for the Electronic Funds Transfers Act. It is a law that was first enacted in 1978 to protect consumers engaging in electronic transfers because impersonal banking was on the rise. Less and less people were going to tellers, and more and more to...
The Electronic Funds Transfers Act (EFTA) and its promulgated Regulation E cover a wide range of transactions made by consumers. The original Act was passed in 1978 due to the anticipated increase in electronic transactions. As people went more to ATMs than tellers,...
It can be a very confusing moment when you find out you are being denied credit because you made an OFAC List. You may not even know what that means, and ask, what is an OFAC list? In short, its a terrorist list or a list of undesirables to the U.S. Government. ...
The Office of Foreign Assets Control is a financial intelligence and enforcement agency of the U.S. Department of the Treasury. OFAC publishes a list of people and companies that are operating as terrorists, drug traffickers, or under the control of a targeted...
About a year ago, I connected with Harry Campbell, The Rideshare Guy. Harry has spent the last several years helping rideshare and gig drivers navigate some of the perils of the job. We at SmithMarco have come to represent many drivers of Uber, Lyft, and many other...
It was reported yesterday that many Bank of America customers found out that money was missing from their bank accounts. It was determined, at least by the bank, that the culprit was a glitch in the Zelle system. Zelle is a payment application that allows account...