Avoid Netspend Prepaid Debit Cards
Perhaps you purchased a prepaid debit card from Netspend. Or worse, you received this prepaid card as a gift. Either way, you are in for a world of hurt using this card. Netspend is among … Read more →
Money and Consumer Rights
How San Diegans can save money, protect their credit, resolve complaints with businesses and understand their rights as consumers.
How to Avoid Being Held Up by Customer Service
Being put on hold when calling customer service sucks! It’s disrepectful of your time and often it is entirely unnecessary. A decade back, prognosticators were predicting that Internet services such as Chat, FAQs and Call … Read more →
Disparity of Wealth: Recall Yellen’s October 2014 Speech on Income Inequality
The combined fortunes of the world’s 26 richest individuals reached $1.4 trillion last year — the same amount as the total wealth of the 3.8 billion poorest people. That’s not a typo. 26 MEN control … Read more →
Bank of Internet (Axos) Retaliates Against Bad Reviews
If you currently bank with or are considering using Axos Bank (previously Bank of Internet) then we offer this word of caution: DON’T. We offer you the following cautionary tale about using this bank. We … Read more →
How is China Hurting America?
There have been numerous efforts to persuade U.S. consumers to “Buy American” and some even to boycott all products produced in China. The boycott proponents often cite unsafe foods, melamine-tainted plates, toxic toothpaste and other … Read more →
OhmConnect: Scam or Legit?
Legit but disappointing. Here’s the deal: this company is an “energy aggregator” that makes money by helping customers respond to energy price swings. In the energy industry, they call this “Demand Response”. The aggregator (OhmConnect) … Read more →
When to Use Payday Loans……NEVER!
Or, as Taylor Swift might say: “Never, ever, ever.” During these trying economic times millions of working Americans are facing, payday loans are becoming a common source of short-term financing. This is especially true for … Read more →
Are Reverse Mortgages Safe for Seniors?
The question is complicated and the answer is even more complicated. In fact, reverse mortgages are complicated; they are likely the most complex financial transaction that you’ll enter into in your entire lifetime. While reverse … Read more →
USAA Insurance Stole Money from a Customer’s Bank Account…and Got Caught
Can an insurance company conspire with its banking affiliate to remove money from a customer’s bank account? That was the question presented to SDCAN by a consumer who was subject to that illegal tactic. In … Read more →
Diamonds are a Cartel’s Best Friend
Diamonds. They sparkle. They tantalize. They lie. Yes, that’s right. Diamonds are the most guileful gem on the market. I don’t trust them and you shouldn’t either. Yes, this is a bold condemnation of a … Read more →