Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
In January, Neuberger Berman analyst Steven Eisman announced a new headline short position for his firm. From his senior portfolio manager perch, Eisman (of “Big Short” fame) said he has made the bet that equity shares of bad-credit…
The effects of the pandemic continue to pummel subprime automotive consumers, who have the lowest origination levels and highest delinquency rates, credit bureau TransUnion and the…
In O’Toole v. Bob Roache Law, a Seventh Circuit District Court in Indiana granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act (FDCPA)…
The crisis often starts with a car repair or surprise medical bill. It can end with a consumer deep in debt having paid hundreds or even…
February 23, 2021 – Sacramento — The Franchise Tax Board (FTB) on Monday announced a suspension of its income tax refund offset program until July 31, 2021.…
February 25, 2021 As enrollment numbers and tuition at higher education institutions grow, the rise in student debt is outpacing both. According to the Pew Research…
Credit unions kept up with other lenders in mortgages last year, while falling behind in automotive loans. Data released Tuesday by the FDIC shows the economic…
To honor Black History Month here at the NFCC, we are taking a closer look at some of the major contributions made by African Americans in…
On Monday, Democratic New York state Sen. Liz Krueger, Chair of the Senate Finance Committee, announced that she has introduced Senate Bill S.4959, which would place…
The banking industry is set to abandon plans to create an agency to collect overdue emergency Covid-19 loans. Lenders are getting ready to handle recoveries themselves…
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