Category:
Credit
Do you think you know your credit score? Credit scores – the numeric measure that shows lenders whether a person is likely to repay a loan – are a must-have…
Credit card ownership begins as a privilege — the ability to make purchases before providing the funds to pay for the purchases — but can quickly devolve into a web…
Buying a house or a car? Taking out a loan? Select your 3-digit score to learn about how lenders see your credit score range and what you can do to…
At its base, card ownership is a limited personal loan to you, whenever you need it. Keep a credit card in your pocket and you have the ability to make…
Are you worried about identity theft and someone ruining your good credit name? The Fair Credit Reporting Act was designed to ease your fears. The Fair Credit Reporting Act (FCRA)…
The Federal Trade Commission, launched in March 1915, was created in response to a groundswell of public concern that followed separate U.S. Supreme Court antitrust rulings against Standard Oil and…
In the wild, predators seek the vulnerable and unsuspecting. The financial world has its own version of these ruthless hunters – predatory lenders. They target those in financial distress, not…
There has always been a lot of lending in the United States. There hasn’t always been a lot of truth. Lenders could obscure information on interest rates, finance charges and other…
In 1979, the Electronic Fund Transfer Act (EFTA), also known as Regulation E, was implemented to protect consumers when they use electronic means to manage their finances. Electronic fund transfers…
A default on any loan is going to severely damage your credit score and leave you vulnerable to one or more collection procedures. The consequences of default depend on whether your loan is…