Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
Gov. Tony Evers, on Monday, ordered the Wisconsin Department of Financial Institutions (DFI) to issue emergency guidance to prohibit debt collectors from using certain practices while doing business in Wisconsin. DFI oversees the Wisconsin Consumer Act, a law that governs…
Credit Reporting Agencies are resisting pressure to pause credit score downgrades for millions of Americans forced into unemployment by the government’s response to the coronavirus pandemic…
Although the IRS suspended collection activities on new cases of hard-to-settle unpaid tax liabilities during the novel coronavirus pandemic, taxpayers already targeted by the agency’s private…
Associated Press The late-March spike in unemployment stands to drive more than $1.1 trillion in debt delinquency across credit card, mortgage, and auto loans, UBS strategists…
Have you received your economic impact payment, also known as a stimulus check? If so, you are probably thinking about the best way to use it.…
Thursday, April 30, 2020 The CARES Act’s Impact on Furnisher Liability Under the Fair Credit Reporting Act As part of the federal government’s efforts to provide…
Two key bank regulators are holding off on easing Wall Street debt limits in response to the coronavirus pandemic, leaving billions of dollars locked up at…
Question: My credit took a massive hit when I graduated from college. I signed for a debt management program at the age of 26! Now I…
The COVID-19 pandemic continues to have far-reaching effects on businesses and consumers everywhere. While many states are taking broadly consistent approaches on certain issues (e.g., price…
Getting loans, credit cards and other types of credit can be difficult for borrowers without a good credit history. Trying to get approved for credit can…
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