Your Credit Report; Is It Error Free?
So, you’ve taken the first step by requesting your free credit reports. What should you look for when it arrives?
Checking your report to ensure it is error free is an important step to getting and keeping a great credit score.
Equifax Settlement: Take the money or the credit monitoring?
Last Friday, I wrote a little bit about the settlement Equifax reached with the Federal Trade Commission regarding its 2017 data breach. Since that time, there has been a fair...
Equifax Data Breach Settlement
Good news regarding the Equifax data breach from 2017 (I'm actually surprised I just typed that sentence). Equifax has agreed to a $700 million settlement, and it's actually...
Yes, junk debt buyers are still debt collectors
A couple years ago, the Supreme Court took up the issue of whether a bank who had purchased a portfolio of debts was a "debt collector" for purposes of Fair Debt Collection...
Burned by a questionable online merchant? There’s an Act for that
Before the last season of Game of Thrones premiered, I got a Facebook ad for bottle openers that were shaped like the broach worn by the King (or Queen's) Hand. So I paid 10...
Maine Passes Student Loan Bill of Rights
Maine is the most recent state to pass a student loan bill of rights. It requires licensing of companies who service student loans in the state, unless that company is already a...
The Fair Credit Reporting Act Isn’t Just About Credit
When people think of a credit report, they typically think of a report issued by one of the Big 3 (TransUnion, Experian, and Equifax) showing whether they pay their bills on...
Who has to comply with the FDCPA?
Who is and is not covered by the Fair Debt Collection Practices Act ("FDPCA") confuses consumers and attorneys alike. Looking at the text of the statute, this is understandable....
CFPB’s Proposed Debt Collection Rules Are Bad
The Consumer Financial Protection Bureau ("CFPB") has released proposed rules governing debt collection practice. Theoretically, this is an agency that should be looking out for...