Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
America has a shocking new “savings and loan” crisis. Consumer debt is surging to record highs, fueled by rising mortgage debt, student loans and a binge on credit card use. And more Americans are flat-out broke, with no…
The bureau further said the company broke a second law — the Consumer Financial Protection Act — when it charged debtors without settling their debts. The…
BOSTON (WWLP) – A so-called ‘student loan bill of rights’ could give college students more support when it comes to paying off their debt. Longmeadow State…
Operators allegedly bilked consumers out of more than $23 million The Federal Trade Commission has stopped a student loan debt relief scheme, alleging it bilked more…
“Confirmed Judges, Confirmed Fears” is a blog series documenting the harmful impact of President Trump’s judges on Americans’ rights and liberties. Trump 7th Circuit judge Amy…
Waring Abbott | Getty JPMorgan Chase is trying to make it harder for its credit card customers to sue the bank in court by requiring them…
In 2007, Congress enacted the Public Service Loan Forgiveness Program. Signed into law by then President George W. Bush, the policy was intended to help public…
Students in Virginia are struggling less with post-graduation debt than in most other states, according to a study conducted by the financial website WalletHub. “Virginia is…
The tradeline industry is full of rumors, myths, and inaccuracies. Since we aim to educate consumers on how tradelines work and how the credit system works,…
Consumer debt is growing to worrisome levels. Ben Mohr, senior research analyst of fixed income at investment consultant Marquette Associates, calculated that total U.S. consumer debt…
Bring what you have learned to a free 20-minute review of your own file.