Most people these days are at least somewhat aware of the recent law passed by Congress (Fair and Accurate Credit Transactions Act of 2003, also called FACTA or the FACT Act) that allows each consumer to obtain one free credit report once a year from each of the big three…
Ever wonder what it would take to have a PERFECT credit score? Actually, Fair Isaac Corporation, creator of the FICO credit scoring system (maximum score = 850), is on record stating that a perfect score is impossible. Apparently the best you can reasonably hope for is 820 to 840. Approximately…
A Warsaw couple was recently charged with multiple counts of theft, odometer fraud and forgery arising out of the purchase and sale of luxury automobiles over the Internet. Police say that Chad and Karen Gottshalk would buy high mileage high-end cars off of E-Bay, replace or roll back the odometer,…
Automobile repair fraud consistently remains one of the top five consumer complaints in many states, according to the Consumer Federation of America. Older Americans are often targets of this illegal behavior because they are perceived as more wealthy and more concerned about safety and liability. What can you do to…
As 2006 comes to a close, I thought I would take a look back at Indiana’s courts of appeal opinions on the Indiana Motor Vehicle Protection Act, also known as Indiana’s lemon law. Actually, there wasn’t much. There was only one published opinion dealing with Indiana’s lemon law. On November…