Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
By Reuters Staff 3 Min Read WASHINGTON (Reuters) – The United States may still face a wave of debt defaults and “significant declines” in asset prices because of the coronavirus pandemic and recession, the Federal Reserve warned on…
Have you gotten an offer to pay off credit card debt for less than the total amount due? This may seem like a gift. Settling $6,000…
The end of October is here, and the Consumer Financial Protection Bureau’s latest rulemaking agenda would signal that its release of the debt collection rule is…
A business credit card is a valuable tool for just about any business. It does not matter the size, the age, or the business model—a credit…
The U.S. Court of Appeals for the Seventh Circuit recently held that factually accurate collection letters that did not make explicit or implicit suggestion about future…
Credit card issuers are ramping up efforts to attract new cardholders after fears of surging delinquencies failed to materialize when the pandemic disrupted many retail businesses…
One of the keys to financial success is keeping a balanced and predictable budget. The most important categories in that budget are those that are critical…
New CRL Report: Debt Collectors in California May Have Seized $700M, Often Based on Scant Evidence & Other Questionable Practices A new report released this week…
Medical bills are never fun. In fact, they can be overwhelming. Whether you have a routine, planned procedure or have to receive emergency medical treatment, chances…
Heading into third-quarter earnings season, analysts were expecting relatively upbeat results for the largest U.S. banks. Credit costs were expected to decline from the previous quarter,…
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