Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Tuesday morning the Office of Attorney General Bob Ferguson announced debt collectors Machol & Johannes, LLC must return about $475,000 to Washington consumers. A consent decree states Machol & Johannes must also forgive up to $250,000 in fees…
PHOENIX — If you’re looking to buy or sell a home in Arizona, a recently signed law could put a wrinkle in the process. In…
Equifax says the debt profile of Canadians has changed throughout the pandemic, with mortgages accounting for a larger portion of people’s debt. At the same time,…
June 7-13, 2021 By Daily Record Staff As consumers face across-the-board price inflation on everything from gas and lumber prices to higher rental car and storage…
The National Credit Union Administration issued no prohibition orders in May, making it the first month in nearly four years that the regulator has barred no…
The House Financial Services Committee and its subcommittees are revisiting credit reporting in the 117th Congress, including legislation that could impact information on consumers’ credit reports.…
WASHINGTON (AP) — U.S. consumer borrowing rose by $18.6 billion in April, fueled by a big rise in auto and student loans that offset a drop…
US Law Week By Brian Flood June 4, 2021, 7:49 PM Settlement offer didn’t note interest would accrue Debtor wouldn’t reasonably be misled A debt collector’s…
When the COVID-19 pandemic was declared in March 2020, I feared credit card debt and delinquencies would skyrocket. Public health restrictions closed a tremendous number of…
The good news is we may finally be witnessing the end of credit card fraud. The bad news, however, is that the online fraudsters and cybercriminals…
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