Category Archives: In the News

Abusive Collection Companies Taken Down (Again) by the Federal Trade Commission
The Federal Trade Commission sends a very clear message to renegade debt collectors: “If you abuse consumers, you lose… everything!” 63 abusive collection companies and individuals across the US are forever banned from operating in the debt collection business thanks to lawsuits filed (and won) by the FTC. According to the lawsuits, these companies must stop all operations and surrender their assets – some...
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What does renter’s insurance have to do with my credit score?
If your apartment burned to the ground tomorrow, could you afford to replace everything you own? If you are like most folks who rent, probably not. The truth is, if you rent, you live every day just one mishap away from financial ruin… unless you have renter’s insurance. Why? Your landlord’s insurance only covers the structure. The stuff inside is your responsibility. It happened just last week in...
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College credit card offers: Out of the Frying Pan and into the Fire!
A recent study released by The Consumer Financial Protection Bureau (CFPB) shows that on-campus college credit card offers to students are down again for the 5th year on a row. That’s good news… until you look at what’s going on under the surface. Back in 2009, Congress passed the CARD act. Among other important provisions, it required colleges and universities to make information...