Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Texas hospitals are suing patients for unpaid medical bills, a practice that has continued even as the coronavirus pandemic sends unemployment skyrocketing and spurred the state Supreme Court to pause debt collections and eviction proceedings earlier this year.…
Q. I just paid off a closed account with a $2160 balance this month. Will this have a positive affect on my credit score? The account…
On May 14, 2020, the Consumer Financial Protection Bureau (“CFPB”) filed a proposed stipulated final judgment and order (the “Order”) against Chou Team Realty, LLC (“Monster…
Borrowers who graduated with bachelor’s degrees in 2018 had an average of about $29,000 in student loans, according to the College Board. Photo: Jon Krause May…
The Texas Supreme Court is giving the green light for collections agencies to resume debt collections and account garnishments, and landlords to move forward with evictions…
Through an amendment to Assembly Bill 2501, California Assembly Banking and Finance Chair Monique Limon has introduced sweeping forbearance legislation that would impact single-family and multifamily…
Comment period extension. Yesterday, the CFPB announced a second 60-day extension of the comment period for its supplemental proposal that would require debt collectors to make…
WASHINGTON — Amid mounting coronavirus deaths, a faltering economy and slipping poll numbers, President Trump faces a fresh dilemma with possible consequences for his re-election: Should…
Cars waited in line for handouts of surplus potatoes and other free items in Kennewick, Wash., on May 8. Photo: David Ryder/Bloomberg News By AnnaMaria Andriotis…
The Consumer Financial Protection Bureau extended the comment period on a proposal to clarify rules for collecting stale debts for a second time. The CFPB said…
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