Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
For many years, education policy experts whom I respect have argued in favor of making colleges have some “skin in the game” with regard to student loans. That is, they should have to bear at least some of…
Alliance Data Systems Corporation ‘s ADS card services business has inked a deal with the U.S. Retail segment of Carter’s, Inc. CRI to provide credit card…
Legislation introduced by U.S. Sen. Jeff Merkley, R-Ore., on May 21 would amend the Fair Credit Reporting Act to require a one-year waiting period before medical…
U.S. Education Secretary Betsy DeVos Photo credit: Getty Images Photo by Mark Wilson/Getty Images U.S. Secretary of Education Betsy DeVos may sell your student loans. Here’s…
NEW YORK, May 21, 2019 /PRNewswire/ — S&P Dow Jones Indices and Experian released today data through April 2019 for the S&P/Experian Consumer Credit Default Indices. The…
On May 21, the CFPB published its long-awaited proposed rule on debt collection practices (“Proposed Rule”) in large part to address application of the Fair Debt…
For the past four years, credit reporting has generated the most complaints in the Consumer Financial Protection Bureau’s complaint database. It makes up 43% of all…
The Consumer Financial Protection Bureau inadvertently scheduled exams at two debt collection firms that it had no jurisdiction over and in some instances sent examiners to…
“36% of U.S. college students say they already have more than $1,000 in credit card debt” As if massive student debt wasn’t bad enough. Having a…
Many of us struggle with debt on a daily basis without making much progress. In fact, I recently highlighted that 50% of Americans have maxed out credit cards!…
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