Research

The Pew Charitable Trusts today released a report focusing on the market for auto title loans. The report brings together data from a wide variety of sources to provide a clear, succinct, and thorough overview of the mechanics of this under-studied industry. It also, and most interestingly, includes the

It is not everyday that debt collectors who engage in unlawful activity are held accountable for their actions.  Thus, when it does occur, it is an occasion to be celebrated.  Unfortunately, the celebration and victory may bring little or no relief to the parties who have suffered due to the

Thanks to Epiq Systems, the latest monthly bankruptcy figures are out, and they show a 10.1% year-over-year decline. We now have had 52 straight months of year-over-year declines in the U.S. bankruptcy filing rate. The graph to the right shows the trend in year-over-year changes. There was a daily

What are the security freeze fees in my state? Security freeze fees for placement, for removing, and replacing a security freeze differs by state.  Please refer to your state of residence below.  You will find one or more specific requirement listed with each state.  Find the scenario that applies to

Here is another nuance research report to help our CCA’s member consultants become and even sound like an expert in the field. You can download the full report below: Research Paper: WHEN FAITH FALLS SHORT: BANKRUPTCY DECISIONS OF CHURCHES What does a church do when it is about to go

As a credit consultant, you should sound like an expert. This type of information provides the nuances of this industry and gives expert status information when addressing public questions. As of 2015, for the first time, laws providing for insolvency relief to natural persons (consumers) now form an unbroken chain

CFPB Sues Mortgage Lender for False Reverse Mortgage Ads; Orders Others to End Deceptive Advertising WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) is taking action against three mortgage companies for misleading consumers with advertisements implying U.S. government approval of their products. The CFPB is suing reverse mortgage

Filing for bankruptcy doesn’t necessarily reflect on the person’s moral compass or integrity. In some situations, particularly where there is negative cash flow (more money going out than coming in), declaring bankruptcy may be the wisest strategy for moving forward. In other cases, a single event like a job loss

In the present California residential real estate environment, where current or potential homeowners and/or renters have debt and credit challenges, real estate brokers may and oftentimes do offer and provide credit repair services along with real estate-related work. Advertisements for debt relief and credit repair are plentiful, and include solicitations

The Consumer Financial Protection Bureau (CFPB) ordered Continental Finance Company LLC, a subprime credit card company based in Delaware, to refund an estimated $2.7 million to approximately 98,000 consumers who were charged illegal credit card fees. The agency found that the company’s “fee-harvester” subprime credit cards misrepresented certain fees and