Consumers Now Get Federal Help on Credit Report Complaints
Starting today, consumers can file complaints about credit reports with the Consumer Financial Protection Bureau. The government agency can help consumers with "individual level complaint assistance on...
View ArticleTop Credit Card Stories of the Year
2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card...
View ArticleWhat Is a Credit Freeze?
A credit freeze is a hold put on a person's credit that prevents banks from pulling their credit reports. This is viewed as the ultimate form of credit protection, and it ensures that no one will see...
View ArticleLowCards.com Weekly Credit Card Update–October 4, 2013
CFPB Targets Banks' Campus Deals The Consumer Financial Protection Bureau is concerned that deals between banks and colleges steer students toward checking accounts and debit cards that come with high...
View ArticleBizarre Ways to Hurt Your Credit Score
We all know that having an unpaid bill could result in a lower credit score. This makes sense. What you might not know is that an overdue library book or a rental car reservation could have an impact...
View ArticleExperian Improves Credit Educator Program
The Credit Educator program at Experian was originally developed to give people a chance to improve their credit scores through guided, professional assistance. The program has been around for some...
View ArticleCFPB to Supervise Nonbanks That Service Student Loans
Starting today, the Consumer Financial Protection Bureau will supervise nonbank student loans. This is new oversight for the large student loan market that serves over 40 million Americans. The Bureau...
View ArticleCFPB Now Accepting Complaints on Prepaid Cards and Gift Cards
The Consumer Financial Protection Bureau is now accepting complaints about gift cards, prepaid cards, benefit cards and general purpose reloadable cards. The bureau has also begun accepting complaints...
View ArticleCFPB to Focus on Credit Reporting and Medical Debt Collection in 2015
For the first time this year, the Consumer Advisory Board (CAB) of the Consumer Financial Protection Bureau met last Thursday in Washington D.C. to discuss the organization's focus for 2015. The...
View ArticleCFPB Reports Debt Collection as Top Consumer Complaint
The Consumer Financial Protection Bureau has officially launched a new series of reports, in which the organization highlights the most common consumer complaints submitted to the Bureau over the...
View ArticleCFPB Reports 56% Increase in Credit Reporting Complaints
The Consumer Financial Protection Bureau recently released its monthly complaint report for July 2015, which showed a significant 56% increase in credit reporting complaints between June and July of...
View ArticleCFPB Cracks Down on CarHop’s Inaccurate Credit Reporting
The Consumer Financial Protection Bureau recently reached a settlement with CarHop and its financing company, Universal Acceptance Corporation, for $6.4 million for inaccurate credit reporting...
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