Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
When you apply for a personal loan, your credit report is often studied by the lender to assess your creditworthiness and understand how good you’ve been at managing credit in the past. Many financial technology companies currently active…
Monday, May 6, 2019 Last week, Senator Dick Durbin, D-Ill., reintroduced a bill, the “Protecting Consumers From Unreasonable Credit Rates Act of 2019,” that would create a…
Indiana Attorney General Curtis Hill announced Monday the state is suing credit agency Equifax. The suit follows an investigation into a 2017 data breach that compromised…
A recent study completed by Fidelity Investments and MEFA found that most parents and their children don’t discuss paying for college. To deal with rising tuition…
A new ruling from the IRS allows employers to tie 401(k) benefits to student loan payments. On August 17, the Internal Revenue Service (IRS) told one…
A quarter of adults under age 34 are withdrawing savings from their 401(k) plans to pay down credit card and student loan debt. Fully 60 percent…
Here is some credit information that you may not have heard of before.
Consumers are cautious about adding debt to their credit cards, as Bloomberg reports on the latest movement of the Federal Reserve’s G-19 report. S. consumer debt…
Boston’s high prices keep home ownership out of reach for Millennials Getty Student loan debt, currently estimated at 1.56 trillion is still impacting Millennial homebuyers according to…
WASHINGTON — The Government Accountability Office is recommending a stronger regulatory approach at two agencies to protect consumer financial data. The GAO’s report, which calls for…
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