News

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

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.

There are over 70 different credit scores commercially available and in use today. That number continues to grow and it doesn’t even count the hundreds, perhaps thousands, of credit scores that are custom developed by lenders for their own use and are never sold by the credit bureaus. All of

There is a pretty widespread myth that suggests that we all have one credit score. You often hear people say things like, “My credit score is 780 so I have good credit.” The problem is that it’s simply not true. You have hundreds of credit scores, and the vast majority

The vast majority of employers don’t check prospective employees’ credit.  Still, it’s something many consumers worry about. It’s a good idea to review your free annual credit reports before applying for jobs to make sure they’re free of inaccurate information (here’s how to dispute errors) and that you can explain

Should liability under the Fair Debt Collection Practices Act (FDCPA) lie against a creditor who submits a proof of claim past the statute of limitations in a consumer bankruptcy case? That is the question the Supreme Court declined to review recently in LVNV Funding, LLC v. Crawford. In C

CFPB Also Finds That Black and Hispanic Consumers Are More Likely to Have a Limited Credit Record Today the Consumer Financial Protection Bureau (CFPB) published a report finding that 26 million Americans are “credit invisible.” This figure indicates that one in every 10 adults do not have any credit history

Millions of consumers will now be able to receive the credit scores and credit reports that nonprofit credit counselors purchase on their behalf. Nonprofit organizations that offer credit counseling, housing counseling, and other financial counseling services buy credit reports and scores for the consumers they serve. These reports and scores

What is great being part of an association is to be privy of patterns recognized when credit strategies are implemented collectively by others consultants. Here at CCA we collect this information from insiders and consultants reaching out to us for assistant. There is a trend occurring that is dropping credit