People Come First At Our Consumer Rights Law Firm
In its never ending quest to improve the Fair Debt Collection Practices Act (“FDCPA”), the Consumer Financial Protection Bureau (“CFPB”) continues its mission to survey American consumers to determine which areas of debt collection are still causing consumers the greatest concern. In considering the public’s opinion up to this point, the CFPB has determined the area of debt collection in…
In a recent opinion this month decided by the United States Court of Appeals for the Second Circuit, creditors may now be held liable under the Fair Debt Collection Practices Act (” FDCPA”) when hiring a collection agency to collect debt on its behalf. In Vincent v. The Money Store (“Vincent”) F.3d, No. 11-4525-cv (2d Cir. 2013), the court held…
Your credit score can mean the difference between being denied or approved for credit, and at what type of interest rate. A good credit score can help you qualify for a mortgage loan, rent an apartment, be approved for a credit card and even help you get utilities connected without a deposit. Bad credit on the other hand can be…
By learning the basic facts about credit cards prior to owning one, you can rest easily knowing you will be a responsible and more financially savvy user. Understanding the ins and outs of credit cards can make the difference between you using it responsibly or falling into the trap of financial doom. Store Cards vs. General Purpose Cards An important…