Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
FICO, the company behind the creation of the original FICO credit score and its many subsequent iterations, has announced the latest model in their line of credit scoring algorithms: the FICO Score 10 and the FICO Score 10…
The Federal Reserve on Monday announced a massive second wave of initiatives to support a shuttered U.S. economy, including buying an unlimited amount of bonds to…
Health attendant Migdalia Figueroa has had 10% of her wages garnished since January. Photo: Rachel Holliday Smith/THE CITY Need to know more about coronavirus in New…
Today there are more than 44 million Americans that have outstanding student loan debt. The total amount of those loans reached an all time high of $1.41 trillion…
In honor of America Saves Week, one of the themes this week was to save for the unexpected and build an emergency fund. Here at the…
On February 21, the CFPB issued a Supplemental Notice of Proposed Rulemaking (NPRM) to amend Regulation F, which implements the Fair Debt Collection Practices Act (FDCPA),…
The Consumer Financial Protection Bureau will host a day-long conference, “Evolutions in Consumer Debt Relief,” on Tuesday, March 10. The event will explore options for consumers…
KEY POINTS As COVID-19 wreaks havoc on most Americans’ financial standing, many anticipate trouble with credit card debt. Here are a few options for relief, at…
On Sunday morning, Goldman Sachs, the financial partner on the new Apple credit card, said it would allow all cardholders who asked for help to skip…
The nation’s banks, long at the center of worries about European finance, look more likely to get a rescue. In Milan, Galleria Vittorio Emanuele, a shopping…
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