Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The next text message you receive may not be a funny picture from your mom, or an update on how late your friend will be to brunch. It could be a debt collector. The Consumer Financial Protection Bureau…
President Ronald Reagan’s famous maxim, “Freedom is never more than one generation away from extinction,” remains true today. Yet during times of great prosperity, it’s easy…
Your rich Uncle Sam is calling in his chips. The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year — or…
ANNAPOLIS, Maryland — Jailing a person for an unpaid debt has been illegal for almost two centuries in the United States. But in Maryland, through a…
Wednesday, May 29, 2019 A new report issued by the Government Accountability Office titled, “Private Student Loans: Clarification from CFPB Could Help Ensure More Consistent opportunities…
Diligent young Americans are putting away money for retirement, just to take it out to pay for student loans, new research found. Americans struggle paying for…
Rep. Alexandria Ocsaio-Cortez, D-N.Y., and 2020 candidate Sen. Bernie Sanders, I-Vt., have apparently decided to try to ban credit cards. Sure, that’s not quite what Ocasio-Cortez…
If you get a robocall promising a reduction in your credit card’s interest rate, the Federal Trade Commission (FTC) has a piece of advice: hang up.…
Tuesday, May 28, 2019 Continuing our coverage of the CFPB’s proposed debt collection rules, this blog post will focus on a few provisions that pertain specifically to…
Uncategorized Senate Bill 1581, introduced by Sen. Jeff Merkley [D-Ore.] and co-sponsored by Sen. Richard Blumenthal [D-Conn.], Sen. Elizabeth Warren [D-Mass.], Sen. Bob Menendez [D-N.J.], and…
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