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?
Dec
13, 2017
Oct
23, 2017
What Pennsylvania Consumers Need to Know About the PROTECT Act
Pennsylvania consumers should know that a newly proposed bill, the PROTECT Act aims to bring big changes to the major credit bureaus.
Oct
20, 2017
Would California Consumers Benefit from the Consumer Financial Protection Bureau Having More Power Over the Credit Bureaus?
Would California consumers benefit from the Consumer Financial Protection Bureau having more control over the credit bureaus?
Oct
18, 2017
How the New Consumer Financial Protection Bureau Rule May Affect Payday Loan Borrowers in Michigan
The new Consumer Financial Protection Bureau (CFPB) rule may affect payday loan borrowers in Michigan. Here’s what you need to know.
Oct
11, 2017
Can the Power of Suggestion Help Michigan Consumers Pay Off High Credit Card Balances?
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.
Sep
28, 2017
What New York Consumers Should Know About the Recent Consumer Financial Protection Bureau Victory Over Two Student Loan Companies
The recent victory of the Consumer Financial Protection Bureau over two student loan companies may affect some New York consumers with student loan debt.
Sep
15, 2017
Why California Consumers Should be Extremely Cautious with Payday Loans
Unscrupulous lenders in California are issuing illegal payday loans. This means that consumers must be extra cautious with this already risky business.
Jul
3, 2017
Right Now is a Good Time for Minnesota Consumers with Little to No Credit History to Start Building Good Credit Scores
Minnesota consumers with little to know credit history can start building a good credit score right now using these simple tips.
May
29, 2017
Georgia Consumers Should Know that the Consumer Financial Protection Bureau is Taking Aim at Abusive Debt Collectors
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 [...]
May
17, 2017
Thanks to the Consumer Financial Protection Bureau, Georgia Consumers May See Better Credit Reporting Practices in the Near Future
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 [...]
May
16, 2017
What Should Ohio Consumers do if a Credit Bureau Doesn’t Respond to a Dispute Letter in 30 Days?
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 [...]
May
15, 2017
How Trump’s Curbing of Financial Protections May Affect Michigan Consumers
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 [...]
May
11, 2017
Good News for Arizona Consumers Who’ve Been Harassed by Illegal Debt Collection Activity from these Online Lenders
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 [...]
Apr
27, 2017
Disputing Medical Bills on Your Credit Report in Ohio
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 [...]
Apr
25, 2017
New Credit Reporting Policies May Boost Credit Scores for Arizonians
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 [...]