The Food and Drug Administration called on U.S. Marshals to seize dietary supplements by a Wisconsin maker for allegedly false claims made about their safety and effectiveness in treating diseases, the FDA announced yesterday.
The products manufactured at the Hillsboro, Wis., facility of Syntec Inc. are not FDA-approved, the agency said in a press release. It said that a complaint filed in the U.S. District Court for the Western District of Wisconsin alleges that several of Syntec Inc.’s products are unapproved new drugs that may not be introduced into interstate commerce, and are in violation of federal law.
According to the FDA, the company allegedly claimed in videos and promotional materials that some of its products could be used to prevent, treat, or cure diseases such as asthma, cardiovascular disease, cataracts, glaucoma and infections.
A new study shows that the majority of American consumers mistakenly believe that their credit score is the most important thing in regard to financial matters.
However, the truth is that the credit report is what really matters.
While the credit score is important, it is more important to show exactly how you got to that number. The real key element in obtaining credit is your credit report. That is why it is important to ensure that you have no inaccuracies on the report because otherwise your credit score will begin to suffer.
The world seems to revolve around credit, and so does advertising. The ads for free credit reports are evident at every turn, urging us to keep track of our credit score and do something about it. But, did you know that frequent inquiries on your credit score can actually damage it?
Who Checks Your Credit Score?
No one should be able to check your credit score without your permission. However, there may be several entities in your life that want to do so. Any creditor or potential employer will want to check your credit rating, but did you know your prospective landlord may want to?
In addition, every time someone checks your credit rating, the inquiry is noted in your report.
Debt Consolidation options for borrowers with impaired credit history can appear to be limited. Certainly any application made to a bank for a personal loan to consolidate debts would be declined. Unsecured personal loans generally require borrowers to have a clean credit history as do credit card applications.
Borrowers with a history of bad credit but with equity in property may wish to consolidate unsecured debts into their mortgage. In doing so you may find that your monthly repayments are reduced significantly. Naturally to qualify for a mortgage refinance at an increased amount you must be able to demonstrate loan affordability.
If you are not a home owner but own a motor vehicle outright or perhaps a boat or a motorbike, you could use the equity in these assets to apply for a secured personal loan for debt consolidation.
With Black Friday and Cyber Monday nearly upon us, credit card companies have welcomed the shopping season with a number of special deals and promotions designed to woo your spending.
Want to get the most out of your holiday purchases? Check out this massive list of limited-time offers.
American Express
- American Express Cyber Week (Valid Nov. 21 through Nov. 30, 2011)
50 different offers are available at a 20% discount from partners such as Banana Republic, Sony, Tumi and Cuisinart. See the Membership Rewards website for details. - Earn 5x Membership Rewards Points (Through Dec.
This post might not have much to do with credit repair services, but I thought we’d cover an area of personal finance often left unchecked.
It seems like every other day that I come home from a long day at the office to find at least two cards that proclaim in huge, bold letters “WE PAY CASH FOR GOLD”, with a little note at the bottom letting me know they also habla español.
Now I’m seeing all of these commercials and billboards with bright, shiny faces giving these glowing testimonials, as if they just couldn’t wait to tell you about how much they loved selling away their gold. The gold buyers will even send you a “secure” self addressed package at no cost to you for your gold shipping needs. And I’ve never seen a single person in these ads smoking a cheap cigar.
But I wonder if the part where they rip you off has changed at all.
Gold Prices Increase
Over the past 10 years gold prices have almost quadrupled topping out above $1,200 an ounce in December of 2009. All the commercials for gold buyers will tell you the same thing. It gets consumer’s brains to thinking that they may have an ounce in jewelry that’s just collecting dust. Why wouldn’t you want to turn that into $1,200?
We Could Use the Extra Money
With the economy still struggling to get back on track many Americans need extra money to make ends meet. Selling some excess gold seems like a good way to get money for something that you’re probably not even using. With gold prices up and Americans needing money you would think this was perfect timing for consumers to hop on board with one of gold buying companies that tries to make the process so convenient.
The Price is Wrong
When you’re selling your jewelry its cost is not calculated by the ounce, but rather by the gram or, more than likely, by the pennyweight (abbreviated dwt). A dwt.