Category:
Credit

Consumer Money protected under umbrella - Financial Protection Bureau

Consumer Financial Protection Bureau

By Max Fay | July 11, 2018

The Consumer Financial Protection Bureau (CFPB) is an independent agency under the Federal Reserve System. It was created in 2010 to protect and educate consumers about their dealings with financial…

LendingClub Overview and Company Review

LendingClub

By Maureen Milliken | June 29, 2018

LendingClub is an online financial service that connects borrowers with loans that fit their needs. It works best for borrowers with good to excellent credit who are looking for personal…

Cash Advance Loans And What They Are Used For

Cash Advance Loans

By Bill Fay | June 21, 2018

  Almost 190 million Americans have a credit card and they will make about 30 billion transactions in 2018. Sometimes, however, cash is still king. If you don’t need actual…

Secure Credit Card With Lock

Secured Credit Cards

By Max Fay | June 11, 2018

If you don’t qualify for a traditional credit card because you have no credit history, secured credit cards are a great way to get your toes wet and learn how…

Fraud Alert on a computer front of man

Consumer Fraud

By Bill Fay | June 7, 2018

Given the dramatic increase in the number of delivery systems bombarding American homes — television, radio, internet, social media, phone, mass mailings, magazines, flyers, advertising copy — and the fact…

Colorful background with 3 Major Credit Bureaus in print

3 Major Credit Reporting Agencies

By Bill Fay | June 7, 2018

  To many American consumers, the three major credit bureaus — Experian, Equifax and TransUnion — must seem like confusing and unexplainable financial force. The “Big Three” credit reporting bureaus…

Credit Scam Phone Lock

How to Avoid Credit Card Fraud

By Bill Fay | June 1, 2018

Welcome to every consumer’s nightmare. For years, you’ve have used credit cards for everything from gas to groceries to going out on the town and never thought twice about the…

Debt Arbitration

Debt Arbitration & Negotiation Services

By Bill Fay | May 31, 2018

Debt collection arbitration is a process for resolving unpaid debt that is seriously, sometimes hopelessly, in arrears. If being desperately and deeply in debt describes you, and settling up for…

Credit Unions written on a computer screen

Credit Unions

By Bill Fay | May 24, 2018

Credit unions are nonprofit organizations that provide members the same financial services as banks, but without the emphasis on making money. The 115 million Americans who belong to credit unions…

Credit Card Interest with many cards

How is Credit Card Interest Calculated?

By Bill Fay | May 24, 2018

Interest rates and credit cards have a powerful — and potentially explosive — relationship in the U.S. economy. Interest rates are the economic fuel that makes credit card companies so…