Category:
Credit

Poor Credit Report

CFPB’s Deal with Credit Bureaus Could Raise 12 Million Scores

By Bill Fay | April 4, 2017

The Consumer Financial Protection Bureau, which prides itself on being the watchdog for U.S. consumers, has been snarling at America’s three major credit bureaus for a while and finally decided…

Loan Agreements With Family And Friends

By Bill Fay | October 19, 2016

Friends, family, and financial institutions may have more in common than you think. According to the Census Bureau’s 2022 Household Pulse Survey, over 25 million consumers had to lean on…

Scanning the EMV Card

Walmart Ahead Of Competitors With EMV Cards

By Bill Fay | October 7, 2015

While most retailers in the United States struggle to catch up to the new EMV chip technology for credit cards, Walmart has been ready for nearly a decade. The nation’s…

Credit Scores Image of Woman

Credit Scores Going Up … Without Any Help From Consumers

By Bill Fay | October 13, 2014

The average credit score for American consumers is at an all-time high, but will almost surely go higher within the next year as credit bureaus and government tinker with one…

top secret envelop

Your Credit Score: Secret, Especially From You

By Bill Fay | September 4, 2014

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…

Debt Board Game Thumbnail

Credit Card Debt Analysis

By Bill Fay | June 27, 2013

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…

Women surprised to see her score on the Credit Score Grader

How Good is Your Credit Score?

By Bill Fay | February 25, 2013

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…

Credit Card Illustration

Credit Cards

By Bill Fay | December 7, 2012

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…

The Fair Credit Reporting Act (FCRA) is a federal law created to protect consumers and their personal financial information

Fair Credit Reporting Act

By Bill Fay | November 9, 2012

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)…

3D Model of letters "FTC" with a gavel behind them

Federal Trade Commission Act

By Bill Fay | November 9, 2012

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…