Big Changes to the CFPB, Richard Cordray, and Payday Lending in Ohio
Payday lending in Ohio may change soon – somehow. Big changes are coming to the CFPB, and Richard Cordray is running for governor. What next?
Payday lending in Ohio may change soon – somehow. Big changes are coming to the CFPB, and Richard Cordray is running for governor. What next?
Pennsylvania consumers should know that a newly proposed bill, the PROTECT Act aims to bring big changes to the major credit bureaus.
Would California consumers benefit from the Consumer Financial Protection Bureau having more control over the credit bureaus?
The new Consumer Financial Protection Bureau (CFPB) rule may affect payday loan borrowers in Michigan. Here’s what you need to know.
A lot of Michigan consumers carry high credit card balances, and a new study shows that the power of suggestion may help consumers pay them down.
The recent victory of the Consumer Financial Protection Bureau over two student loan companies may affect some New York consumers with student loan debt.
Unscrupulous lenders in California are issuing illegal payday loans. This means that consumers must be extra cautious with this already risky business.
Minnesota consumers with little to know credit history can start building a good credit score right now using these simple tips.
According to a new report, Georgians are filing a record number of complaints with the Consumer Financial Protection Bureau (CFPB) against debt collectors. As it turns out, there are good reasons for this. In recent years, several Georgia-based debt collection firms have been accused of abusive debt collection practices and some have been sued under [...]
Among the many institutions that have been targeted by the Consumer Financial Protection Bureau, the three major credit reporting bureaus are now being heavily scrutinized. TransUnion, Experian, and Equifax have all been fined and advised to “improve their quality control systems.” This may be good news for Georgia residents who are trying to improve their [...]
An online search for anything related to “bad credit” and “Ohio” brings up a list of offers for car loans and home loans for credit-challenged consumers. Therefore, it seems reasonable to assume that, even though Ohioans are striving valiantly to earn better credit, bad credit still plagues the Buckeye State. Here’s something that may surprise [...]
In the most recent version of the annual Top Ten Michigan Consumer Complaints list published annually by the Attorney General, credit and debt collection issues dominated once again. Still reeling from the Financial Crisis of 2008, many Michiganders are working to revive their credit scores. Consumers in the Mitten are also very concerned with credit [...]
Four online lenders have recently been sued by the Consumer Financial Protection Bureau (CFPB) for illegal debt collection practices. Golden Valley Lending Inc., Silver Cloud Financial, Inc., Mountain Summit Financial, Inc., and Majestic Lake Financial, Inc. are all being charged with heavy violations. Based in California, these lenders allegedly deceived borrowers in multiple states, including [...]
Incredibly good health care is available in Ohio. In fact, the Cleveland Clinic has been ranked by U.S. News & World Report as the nation’s top hospital in cardiology and heart surgery and the second best hospital overall. If you’re sick or injured in the Buckeye State, at least you know that you’re in good [...]
In July of 2017, you may be 1 of 12 million consumers who will be affected by new credit reporting policies which may jump your credit score by as much as 40 points. In an attempt to bring more accuracy to credit reports, the three primary reporting bureaus (TransUnion, Experian, and Equifax) will make some [...]