PayPal has changed some of its rules with regards to Purchase Protection and we felt it important to share this news with our readers and clients. As one of the leading ways to buy and sell around the world, PayPal has provided protection for eligible purchases of physical goods for
CFPB Takes Action Against Syndicated Office System Debt Collector
Company Mishandled Consumer Credit Reporting Disputes, Prevented Consumers From Exercising Debt Collection Rights WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against a medical debt collection company for mishandling consumer credit reporting disputes and preventing consumers from exercising important debt collection rights. These
FCC Approves New TCPA Rules – Telephone Consumer Protection Act
Today, the FCC ruled on 21 long-standing petitions and letters seeking clarifications of the Telephone Consumer Protection Act. FCC Chairman Tom Wheeler’s proposed rules were approved with a 3-2 vote. The new rules which will be released today or tomorrow are mostly bad for businesses which use automatic telephone
Items That Do Not Affect The Credit Score
1. Income It would seem to make sense that your income would influence your credit scores. If you make a lot of money you should be able to make your payment on time. If you make less money then you are less likely to make your payments, right? While that
Best Credit Cards for Bad Credit in 2015
If your credit is poor, or you have little or no credit, a secured card or a card designed for those with less than stellar credit could be a good choice. These cards often come with annual fees, higher interest rates, and low credit limits but if managed responsibly over
New York Courts Proof of Default Judgment in Consumer Credit Matters Rules
New York Courts Proof of Default Judgment in Consumer Credit Matters Rules
2015 Fair Debt Collection Practices Act
Here is the latest 2014 Fair Debt Collection Practices Act FDCPA 2015
Paying Electric and Phone Bills On-time Is Now Important!
Millions of Americans who have little or no credit could benefit from a new FICO scoring model that was quietly introduced late last year. The program is in pilot form now, and FICO expects to full roll it out by the end of 2015. The new un-named scoring system will
31-State Deal Should Make Credit Report Errors Easier to Fix
AP – Three nationwide credit reporting agencies have agreed to fix disputed information on credit reports more quickly, wait longer before adding potentially damaging information on medical debt and scrutinize certain data furnished by outside entities, according to a multistate settlement announced Wednesday. Ohio Attorney General Mike DeWine announced the
CFPB TAKES ACTION AGAINST PAYPAL FOR ILLEGALLY SIGNING UP CONSUMERS FOR UNWANTED ONLINE CREDIT
PayPal to Refund $15 Million to Consumers and Pay $10 Million Fine Today the Consumer Financial Protection Bureau (CFPB) filed a complaint and proposed consent order in federal court against PayPal, Inc. for illegally signing up consumers for its online credit product, PayPal Credit, formerly known as Bill Me Later.