Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Credit Acceptance Corporation CACC finally announces the settlement of the lawsuit with the Massachusetts Attorney General. In August 2020, AG Maura Healey filed a lawsuit in Suffolk County Superior Court, claiming that Credit Acceptance violated state consumer protection…
Credit card firms Citigroup and American Express have released statistics on the August delinquencies in credit card payments, with Citi’s delinquency improving and American Express holding…
Driving informed and empowered consumers through education is at the heart of Freddie Mac’s mission. To support our efforts and in celebration of the 20th anniversary…
The Minnesota Department of Commerce has settled a regulatory action against John C. Heath, an attorney doing business as Lexington Law Firm, for violating the state’s…
The Federal Trade Commission is sending checks to 603 people who paid money they did not owe to a debt collector that used deceptive and abusive…
WASHINGTON — A Consumer Financial Protection Bureau order against a provider of income-share agreements signals regulatory tightening for all ISAs, but could also give the education…
The Consumer Financial Protection Bureau has recently come up with a rule that should help enhance transparency around loans for small businesses. The proposed rule would…
On September 7, 2021, the CFPB announced that it had entered into a consent order with an education finance nonprofit (“nonprofit”) in connection with the nonprofit’s…
[August 25, 2021] OMAHA, Neb., Aug. 25, 2021 /PRNewswire/ — New market data published by The Strawhecker Group (TSG), the largest analytics and consulting firm focused…
One in 10 Buy Now Pay Later shoppers have been chased by debt collectors, rising to one in eight young people, Citizens Advice is warning. The…
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