Sail Through Student Loans, Credit, and Collections!
Sail past student loans, credit, and collections with ease and peace!
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Practical notes for a stronger file.
Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
CFPB Targets Credit Card Late Fees As Junk Fees, Proposes Significant Reduction In Safe Harbor For Card Issuers
The Consumer Financial Protection Bureau’s (the “CFPB” or the “Bureau”) latest move in its crusade against “junk fees” may hit closer to home for companies charging…
Mass AG Campbell Reaches $6.5 Million Settlement With Home Security Company
BOSTON – Massachusetts Attorney General Andrea Joy Campbell today, February 9, announced that her office has reached a $6.5 million settlement, including $4.7 million in debt…
U.S. Foreclosre Activity In January Continues To Increase Annually For 21 Consecutive Months
IRVINE, Calif., Feb. 9, 2023 /PRNewswire/ — ATTOM, a leading curator of land, property, and real estate data, today released its January 2023 U.S. Foreclosure Market…
Challenge To NY’s Rent Control Law Heads To US Supreme Court
A federal appeals court this week tossed out two lawsuits, backed by NYC landlords, that sought to challenge New York’s rent reform and rent stabilization law,…
CFPB Looks to Expand Its Oversight of Nonbanks through Two Controversial New Registries
The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) released two new proposals that aim to expand the Bureau’s authority over nonbank financial institutions: A “repeat offender”…
$5MM TCPA Robocall Class Action Settlement
Man, what a day for Mike Greenwald. As I reported earlier today, a TCPA class settlement involving Medicredit netted his firm $600k in fees. Well, literally…
Illinois Passes Law To Give Bank Access To Low Income Communities
On March 23, 2021, the Illinois Community Reinvestment Act (“IL CRA”) was signed into law. The stated purpose of the IL CRA is to ensure that…
Credit card debt increased to record $931 billion
Amid high inflation and rising interest rates, credit card balances increased to $931 billion in the final quarter of 2022, according to the latest Credit Industry…
Nearly 1 in 4 Americans in relationships are hiding financial secrets from their partners
Infidelity is a red flag in any relationship. But what if your partner is hiding a secret financial account, rather than an affair? Today, nearly a…
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