Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
On November 4, the U.S. Court of Appeals for the Second Circuit affirmed a district court’s decision that a debt collector does not violate the FDCPA by sending notices to consumers that do not clarify that a debt…
Add HMBradley to the list of Los Angeles-based startups looking to shake up the world of high finance typically dominated by East Coast giants with names…
Very few Gen Z consumers have credit. While this generation is still young, there are benefits to getting a credit card early. While millennials tend to…
SOUTHFIELD, Mich. (AP) _ Credit Acceptance Corp. (CACC) on Friday reported third-quarter earnings of $165.4 million. On a per-share basis, the Southfield, Michigan-based company said it…
The federal government has settled a landmark challenge against its robodebt program – conceding a $2,500 debt raised against Deanna Amatowas not lawful because it relied…
Consumer Financial Protection Bureau (CFPB) Director Kathleen Kraninger recently made her way up to Capitol Hill for her semiannual testimony on CFPB operations. During the hearing,…
The House Financial Services Committee advanced several bills to amend the Fair Debt Collection Practices Act after a two-day markup this week. ACA has been advocating…
Operators of alleged scheme claimed to be affiliated with the federal government and falsely promised to help reduce or even eliminate consumers’ student loans, agency says…
The CFPB is considering creating a program to give companies more clarity on how the regulator would interpret consumer finance laws, Deputy Director Brian Johnson said.…
Many people are uncertain about what may happen to their credit when they get married and what can happen to their credit if they get divorced.…
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