Coronavirus Disruptions Send Spending to the Abyss
Coronavirus disruptions to everyday life are spreading rapidly as fear and anxiety grip consumers, business-owners and investors. The amplification of misinformation via social media …
CFPB
Equifax Offers 20 Grand Cash to Data Breach Victims
Equifax offers up to 20 grand cash to American victims of its 2017 data breach as part of $575 million to $700 million settlement …
Mortgages and Retirement Are Not Peas and Carrots
Mortgages and retirement can strangle a tight budget and require special planning to be successful. More than a third of older homeowners are approaching …
Credit Card Debt Settlement Companies May Exacerbate Debt Woes
Debt settlement companies are most often for-profit companies claiming they can negotiate with your credit card company to reduce the amount you owe. Credit card …
Mickey, Ditzy & Debt King to Nuke Student Loan Borrowers & Dismember CFPB
The Consumer Financial Protection Bureau (CFPB) has lost a few teeth as the top guy protecting student borrowers from predatory lending practices has resigned, …
Telecoms Plugin CRAs as Big Hammer to Collect on Past-Due Bills — Impact to Credit Scores Minimal
Nearly one out of four U.S. consumers, who are delinquent on telecom services, such landline or cell phone, cable, and internet, have discovered the …
Credit Reports Now Bigger Threat to Security Clearances Than a Vengeful POTUS
The Department of Defense (DoD) now has 24X7 “eyes” on your credit file looking for past-due bills, excessive debt, collection activity and/or a high …
Payday Lender Scams $228 MM: Draws 10 Yrs in Slammer + $69MM Penalty & Assets Gone
Operating a network of 20 companies, Hydra Financial and its principals allegedly collected on fake, short-term, small-dollar online loans, bilking hundreds of thousands of …
CFPB Consumer Protections OK Despite Mulvaney Damage
Another Trump appointed Devos-like moron is under consideration to run the Consumer Financial Protection Bureau (CFPB). Kathy Kraninger knows nuttin about protecting consumers in …
