Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The Congressional Research Service (CRS) released a new report this month, “The Debt Collection Market and Selected Policy Issues,” providing an overview of legislative and regulatory activity in the last year as well as the Consumer Financial Protection…
All five major metropolitan statistical areas (MSAs) surveyed posted lower default rates in September, according to data from S&P Dow Jones Indices and Experian. The S&P/Experian…
On October 5, 2020, the U.S. District Court for the Middle District of Florida denied a debt collector’s motion for summary judgment, holding that a letter…
FedLoan Servicing is a company that manages federal student loan repayments on behalf of the U.S. Department of Education. If you’re reading this, you’ve probably been…
PHOENIX (3 On Your Side) — The phone call was unexpected and it was threatening. “My mother-in-law, who is an elderly lady, called my husband and…
Covid Time has changed everyone’s life – and that includes college graduates who still have student loans! 89% of them are NOT making their Student Loans.…
Signing a loan or insurance document with confusing fine print can have expensive financial repercussions, and during the COVID-19 pandemic, complaints to the state over predatory…
In our efforts to keep up with the Joneses (or just get by during this period of economic uncertainty, debt has become a normalized part of…
A new “partnership” between an organisation representing more than 500 private schools and a debt collection agency could result in hard-up parents being “hounded” for unpaid…
The Bank of England survey shows that lenders expect the net balance of default rates on unsecured lending to increase in Q4. They also expect default…
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