The FDCPA are laws against debt collectors which protect consumers from abusive, unfair, or deceptive practices debt collectors may use in collecting debts.
The creditor that furnishes negative information to a credit report is obligated to investigate consumer disputes under the Direct Dispute Rule. Go directly to the source (the creditor) to dispute inaccurate credit report items.
Consumer reporting agencies collect, maintain and sell information on millions… Read More »How the Fair Credit Reporting Act (FCRA) helps consumers
An automatic stay goes into effect where creditors cannot sue you when you file Chapter 13 bankruptcy but the bankruptcy tolls the statute of limitations.
The Fair Credit Billing Act (FCBA) provides for the prompt correction of errors and protects consumers’ credit ratings while they are settling disputes
The Consumer Financial Protection Bureau released comprehensive new rules on… Read More »New Mortgage Standards in 2013 unveiled by Consumer Protection Bureau
Risk base pricing is used by lenders and banks to determine what credit terms a consumers will receive based upon the consumer’s credit history.