Category:
Credit

Credit report next to a laptop to freeze credit checks

New Law Allows Credit Freeze

By Bill Fay | October 22, 2018

Security breaches have become so commonplace in the United States that news around them barely causes a ripple these days. Even if it’s news that provides consumers an extra layer…

Two men exchanging money in peer to peer lending

Peer-to-Peer Lending

By Bill Fay | September 21, 2018

For peer-to-peer lenders, the Great Recession was manna from heaven. When banks clamped down on lending to all but their best-heeled customers after the 2008 global economic meltdown, fledgling peer-to-peer…

Credit Report Score

Credit and Your Consumer Rights

By Max Fay | September 21, 2018

The lives of American consumers are increasingly like open books: vulnerable to sophisticated cyber-snoopers capable of discovering a great deal about how people save and spend. Yet even as the…

Woman holding credit card with security overlay and word Protected

The Federal Consumer Credit Protection Act & How it Protects You

By Bill Fay | September 21, 2018

Consumer rights sound like it would be a given in America, but it wasn’t until the 1960’s that the government first acted to protect consumers. It started with the Consumer…

Hacker thief trying to steal your identity

What is Identity Theft?

By Bill Fay | September 13, 2018

  Identity theft is the fastest-growing crime in America for the very obvious reason that most of us have made our most valuable personal information — name, address, social security number,…

Illustration of Payday loans and lenders

Payday Lenders and Loans

By Bill Fay | August 22, 2018

Want to guess at a community’s financial health? Abandoned houses or vacant shopping centers are an obvious sign things aren’t good, but a more subtle indication of financial insecurity is…

Loans you should try and avoid

Loan Scams and Loans to Avoid

By Sarah Brady | July 25, 2018

Did you know that scam artists and predatory lenders come out of the woodwork during times of crisis? Whether it’s after a natural disaster, during a recession, or in the…

Man applying for a small money loan

How to Get a Small Dollar Loan

By Mike Capuzzo | July 25, 2018

It’s a brutal world for the small money borrower in the big city. Consumers think payday loan stores are the only place to go if you need money for an…

Credit Report Dispute Form on the Computer

How to Dispute Credit Report Errors

By Bill Fay | July 25, 2018

Managing your financial life is tough enough without credit reporting errors setting you back. But mistakes happen. The Federal Trade Commission did a 10-year study and found that 20% of…

Supreme Court Building

Credit Card Act of 2009

By Bill Fay | July 24, 2018

The Credit CARD Act of 2009 has saved consumers billions of dollars, and most of them probably don’t even realize it. The law is commonly called the Credit Card Bill…