Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
The U.S. Court of Appeals for the Sixth Circuit recently reversed a trial court order granting summary judgment in favor of the defendant on a consumer’s claim that the defendant violated the federal Fair Debt Collection Practices…
Credit card charge-offs, reported by the Federal Reserve, hit the lowest level since 2Q1985. That is a record set almost forty years ago. Then, Ronald Reagan…
It used to be embarrassing to buy a pack of gum or other small purchase with a credit card. Not anymore. It’s common to see people…
Credit rating giant TransUnion announced a deal to acquire Neustar, an identity resolution company — which tracks and aggregates consumers’ digital activity for marketing and anti-fraud…
By Pete Schroeder © Reuters/REUTERS FILE PHOTO FILE PHOTO: A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman…
The recent decision by the U.S. Supreme Court on Article III standing in the Fair Credit Reporting Act (FCRA) cases created in TransUnion v. Ramirez has…
Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out…
On September 13, 2021, the Federal Trade Commission published final revisions to five rules promulgated pursuant to the Fair Credit Reporting Act (“FCRA”), to clarify that the rules…
TransUnion (NYSE: TRU) will buy Neustar for $3.1 billion in cash, the credit reporting company announced in a press release on Monday. Bringing the information services…
While total credit card balances have fallen substantially during the COVID-19 pandemic, this big-picture improvement obscures some significant struggles at the household level. Many renters are…
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