Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The demand for foreclosure prevention services at Advantage Credit Counseling Service, a nonprofit on the South Side, should paint an optimistic picture about housing amid the COVID-19 pandemic. Calls from homeowners worried about foreclosure have fallen while interest…
Getty Images photo. The Maryland Senate gave its unanimous support on Thursday to a bill that would help rein in hospital debt collection efforts that critics…
Metro Creative Connection Fri, Mar 26th 2021 04:10 pm Earlier this week, New York Attorney General Letitia James took action to protect millions of New…
The FDCPA is a federal law that governs third-party debt collectors’ interactions with debtors. It generally protects consumers only, not businesses or corporations. The FDCPA applies…
Student Loans getty The new Interim Final Rule issued by the SBA on March 3, 2021, reverses the prior rules by indicating that independent contractors…
The state of Oregon is continuing to bar creditors and debt collectors from seizing federal stimulus payments sent to Oregonians. A bill introduced by Oregon’s U.S.…
On March 16, the CFPB sued a California-based student loan debt relief company, its owner, and manager (collectively, “defendants”) for allegedly charging borrowers more than $3.5…
WASHINGTON, D.C. — Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio recently issued the following statement regarding consumers’ access to Economic Impact Payment (EIP) funds…
Congress may cancel student loans more than once. Here’s what you need to know—and what it means for your student loans. Student Loans Will Congress cancel…
While 2020 was a year to forget in most respects, Americans excelled in terms of paying off credit card debt, getting rid of a record $82.9…
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