Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The debt estimate, from a study in JAMA, was up from $81 billion in 2016. Other reports look at the cost of prescription medicine and contraception. Axios: Americans’ Medical Debt Reached About $140 Billion In 2020 Americans’ medical…
Azzurro Associates, a debt buyer that acquired defaulted loans from peer-to-peer business lender Funding Circle, has incorrectly shared information that impacted the consumer credit files of…
Mario Tama/Getty Images The Education Dept. released data on Navient borrowers who made voluntary payments during freeze. It found that 63% of them are “underwater,” meaning…
(Undated) — A new bill being considered in Washington would allow federal student loans to be discharged in bankruptcy. A Senate Judiciary Committee White Page on…
College graduate sitting outside. Sean de Burca/Getty Images Former Sen. Samuel Nunn said three decades ago that the student-loan system might be broken. Josh Mitchell’s new…
The California Department of Financial Protection and Innovation (DFPI) continues to seek comments on the recently enacted California Consumer Financial Protection Law (CCFPL) and the Debt…
Medicredit, a medical debt collector, is liable for violating a Colorado patient’s do-not-call demand, the 10th Circuit Court of Appeals said Aug. 17. The debt collection…
It seemed like a simple solution for expanding the credit profile of many first-time homebuyers, but Fannie Mae’s new plan to utilize rent payment history to…
When you set your mind on a goal, you want to achieve it in the best way possible. What does “best” mean, exactly? That depends on…
Legislation that would cap all fees and interest at 36% would make it more difficult for many consumers to obtain credit, CUNA and other organizations wrote…
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