Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Photo: Timothy A. Clary, APF A greater number of college graduates are repaying their federal student loan debts on time without defaulting on the loans, according to the latest stats released by the US Department of Education. The student…
At least one consumer’s attorney group will think twice before filing a manufactured lawsuit alleging violations of the Fair Debt Collection Practices Act (“FDCPA”). In a…
On September 17, the U.S. District Court for the District of Maryland partially granted a law firm’s motion for summary judgment in a consolidated debt-collection action…
Elizabeth Warren speaks about canceling student-loan debt, July 2019. (Win McNamee/Getty Images)It’s too costly and would create a moral hazard, when there are better alternatives Senator…
Lenny Ignelzi/AP Photo A customer leaves the Payday Advance store in Oceanside, California, August 2006. In the United States, debt is ubiquitous. There’s mortgage debt, student…
Ford Motor Credit’s total volume of units financed has declined 13.7% year over year to 70,793 units financed in July, according to AutoCount data from Experian.…
WASHINGTON (AP) — Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use. Consumer borrowing increased…
For many entrepreneurs, starting a business means more purpose, flexibility, freedom and control at work. But when student loans take up a big portion of your…
The House passed a bill Wednesday to give banks and credit unions legal cover to serve the cannabis industry even while the drug remains federally banned.…
Debt collector seem to be the occupation everyone loves to hate, but without them businesses large and small—from banks to gyms to doctor’s offices—could not serve their…
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