Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
It costs more than ever to pay with a credit card. Consumers may be spending less as a result, which could be a drag on economic growth. Americans now pay their banks an average 16.9% interest on…
Lenders extended less new credit for people to buy homes and cars in the first three months of the year, according to data that raises questions…
Big changes are happening in the world of credit repair and tradelines. The tradeline industry is expanding rapidly. Gone are the days of only the wealthy…
Borrowers with the best credit scores still account for far and away the biggest share of U.S. auto loans, but loans to customers with subprime and…
Tuesday, May 14, 2019 In this blog post, we attempt to dissect and explore the Bureau’s proposed call frequency and time/place limitations in the recently-released debt collection…
Geraldine Kilkelly, Head of Research and Chief Economist at the FLA New figures released Friday (10/5/19) by the Finance & Leasing Association (FLA) show that new…
Personal information compromised. (Source: Shutterstock) Security researchers discovered an exposed Elasticsearch server containing up to 1.5 million Freedom Mobile users’ personal data, passwordless, and including unencrypted…
*Click here to check your utilization ratios and average age of accounts with our custom calculator!* Understanding How to Choose the Best Tradelines If you’re just…
MINNEAPOLIS,/PRNewswire/ — While ACA International continues to study the finer points of the Consumer Financial Protection Bureau’s proposed debt collection rules released Monday, May 7, the industry…
Tradelines are simple. There are only two main variables: Age and limit. Of course, price and posting dates are also important, but let’s set that aside…
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