What to do if an FCRA investigation is not conducted fairly
If you submit a dispute about information on your credit…
January 25, 2021
Legal, Regulatory, and Privacy Issues Stories
How the U.S. president affects credit cards
Many Americans are unsure the extent of President Joe Biden's…
January 20, 2021
Biden nominates Rohit Chopra to head CFPB
In an appointment that will influence the course of consumer…
January 19, 2021
Credit card issuers offer cardholders relief amid coronavirus outbreak
As the coronavirus pandemic continues to shutter businesses across the…
January 11, 2021
Biden proposal for public credit reporting agency faces uphill battle
President-elect Joe Biden has come up with a proposal for…
January 7, 2021
Fraud alerts: What they are and how they work
A fraud alert will let lenders know you might be…
January 5, 2021
What is the Federal Reserve?
The Federal Reserve System serves as the central bank of…
December 28, 2020
Data breach downturn is a silver lining in 2020
After rising significantly last year, the number of U.S. data…
December 25, 2020
CFPB finalizes fair debt collection update proposal that elicited negative feedback
While some of the provisions are not seen as consumer-friendly,…
December 23, 2020
Congress’ $900B stimulus deal would provide $600 per individual
Congress has reached a deal on a $900 billion second…
December 21, 2020
Fed maintains 0% rate at December meeting, shows optimism on economy
Fed chair sees the rollout of COVID vaccinations as a…
December 16, 2020
Online puppy scams can compromise your card information
If you have provided your card information in an online…
December 14, 2020
What is a collection agency?
If you hear from a collection agency, it’s generally because…
December 9, 2020
Pandemic boosts cashless payments, potentially affecting card swipe fees
The rise of cashless payments means more use of credit…
November 30, 2020
What is an adverse action notice?
If negative information in your credit report results in being…
November 24, 2020
Best credit monitoring services for 2021
Credit card identity theft is on the rise. These services…
March 22, 2021
Can my stimulus check be seized if there is a court order to pay debt?
A reader’s wife has a court order for payment of…
March 22, 2021
Consumer rights for credit and debit cards
Credit card users have robust protections under the CARD Act…
March 19, 2021
Fed maintains near-zero target interest rate at March 2021 meeting
Fed Chairman Jerome Powell expects a transitory rise in inflation…
March 17, 2021
How to recognize a debt collection scam
The FDCPA requires debt collectors to follow certain rules in…
March 8, 2021
1099-C surprise: Canceled debt often taxable as income
Many consumers aren't aware that forgiven credit card debt may…
February 25, 2021
6 exceptions to paying tax on forgiven debt
Before you write a check to the IRS for forgiven…
February 25, 2021
How to set up a credit freeze
A credit freeze strictly limits who can access your credit…
February 18, 2021
What is deferred interest?
In the retail sector, deferred interest plans are often advertised…
February 12, 2021
How to report and protect yourself from credit card fraud
Credit card fraud is shifting online during the pandemic as…
February 8, 2021