Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Written By ESR News Blog Editor Thomas Ahearn In July 2020, a record number of consumers filed complaints with the Consumer Financial Protection Bureau (CFPB) for the fifth consecutive month due to the Coronavirus (COVID-19) pandemic, led by…
Used cars for sale, in Linden, N.J. GETTY IMAGES Auto lenders that cater to borrowers with subprime credit histories experienced a sharp increase in delinquencies in…
(Photo: Credit: sebra/Shutterstock.com) Five months into the pandemic and its economic side effects, a top Atlanta partner said his Am Law 200 firm isn’t experiencing the…
If you’re going to join the roller coaster ride of investing in Bitcoin or other cryptocurrencies, buying virtual currency can take more effort than it does…
Law360 (August 18, 2020, 5:54 PM EDT) — A New York federal judge on Tuesday approved the U.S. Consumer Financial Protection Bureau’s demands for information from…
Morgan Haefner – Tuesday, August 18th, 2020 Print | Email Due to financial hardships brought by the COVID-19 pandemic, New York’s attorney general said Aug. 14 that…
Vehicles sit parked next to residential buildings in San Francisco, California, U.S. (Photographer: David Paul Morris/Bloomberg) Americans cut back on credit cards and other types of…
Media investigation prompted state’s most litigious lender to cease years-long practice of going after its Latino clients The most litigious debt collector in Sacramento County—and possibly…
Extraordinary circumstances could cause unpaid bills to pile up and lead to payment default entries. Image: Henrietta Hassinen / Yle Financial insecurity resulting from the coronavirus…
R1 RCM Inc. [NASDAQ:RCM], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. Formerly known as Accretive Health Inc.,…
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