Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The Consumer Financial Protection Bureau (CFPB) issued a report Monday examining the early effects of the COVID-19 pandemic on consumer credit. The report found that consumers have not experienced significant increases in delinquency or other negative credit outcomes…
SKOWHEGAN, Maine (WABI) – According to a U.S. Census Bureau survey conducted last month, around a quarter of American adults have either missed a rent or…
On July 30, the Massachusetts attorney general announced a Nevada-based debt buyer Troy Capital will discharge nearly $300,000 in student loan debt in connection with a…
The Attorney General of Pennsylvania, Joshua Shapiro, earlier this week announced an important win in a decision from the United States Court of Appeals. This decision…
Q. I have a credit score of 670. I don’t understand why it is so low. My wife and myself own a home with no mortgage.…
Millions of Americans have been watching the developments in Washington D.C. closely in recent weeks. With the pandemic and its economic effects lingering, many looked to…
The plaintiff incurred a debt to a medical provider who placed the debt with a debt collector. The collection letter from the debt collector included a…
The Consumer Financial Protection Bureau (Bureau) announced today that it will provide an additional 60 days for public comment on its Request for Information (RFI) on…
NCUA issued a regulatory alert (20-RA-07) detailing the Consumer Financial Protection Bureau’s final payday lending rule, including highlights of key provisions that affect credit unions. The…
The economic impact of the pandemic cannot be overstated, yet some positive news regarding credit card delinquency rates could be cause for celebration. A recent report…
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