Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Most of the time when I’m asked about credit scores the line of questioning is commonly about how to improve scores. It’s equally often, and equally enjoyable, when I receive questions from people about how many points certain…
Experian Information Systems Inc., TransUnion LLC, and Equifax Information Services LLC will pay $38.7 million to resolve a consumer class action over errors on credit reports,…
WASHINGTON, D.C. — Education Secretary Betsy DeVos was accused of trying to destroy public education and of inflicting serious harm on students during a heated hearing…
An account director of a debt collection company and the company have both been warned by the Commerce Commission over information given to debtors and for…
With the average person spending an estimated $1,284 on holiday purchases during the 2019 festivities, it’s likely that many consumers will be dealing with holiday debt…
When you are loaded with debt, it can be difficult to imagine an end to it. More often than not, the payments feel like they stack…
As economic uncertainty continues to make itself felt, consumer debt will likely exhibit “marginal balance growth” with broadly stable delinquencies over the next year, TransUnion stated…
Portland city ombudsman Margie Sollinger Gene Cotton Sollinger took a closer look at the city’s practices after hearing about Lomax’s case. She found the city’s effort…
Credit card issuers start reporting monthly credit quality metrics. Capital One Financial (NYSE:COF) November credit-card delinquency rate of 3.91% increases from 3.79% in October; three-month average…
KEY POINTS One-third of credit card holders are in debt because of medical bills, according to recent research from CompareCards.com. Almost 60% of those individuals said…
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