You’ve undoubtedly heard of all three of the major credit reporting agencies: TransUnion, Equifax and Experian. But, if you’re like most people, you have only a general idea of who these companies are, what they do, and why it matters to you. Here are a few reasons you should educate yourself about credit reporting: Many …
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If you’re like most consumers, you have never given much thought to the federal Real Estate Settlement and Procedures Act (RESPA). You may never have heard of it. If it sounds dry and technical, that’s because it is. But, it also provides important protections for people financing residential real estate. Who is Protected by RESPA? …
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Your credit report and credit score may have a more significant impact on your life than you realize. You undoubtedly know your credit history and credit score may determine whether you are approved for a credit card, car loan, mortgage, or other financing. But, that’s just one way credit scores can affect consumers. First, your …
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The federal Telephone Consumer Protection Act (TCPA) was enacted in 1991. However, most consumers weren’t aware of the statute and its more limited purpose. The earliest impact of the TCPA most people remember is the creation of the federal “Do Not Call” list in 2003. The Do Not Call registry allowed consumers to opt out …
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When you’re being threatened or harassed by debt collectors, it’s easy to get discouraged. Most people who are behind on their bills and have debts in collection are already under stress. Whether you’re short on money because of a major setback like a divorce or long illness, you’ve lost your job, or you just slowly …
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Creditors and debt collectors typically have one goal: to get as much of your money in hand as they can, and as quickly as possible. Unfortunately, that often means they may be careless in crossing the line to get you to pay up. Many people who are struggling with debt are intimidated when debt collectors …
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