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FTC Safeguards Rule Deadline Extended, But Don’t Wait to Implement Data Security Compliance Protocols

Fraser

Businesses should also be mindful that the GLBA and the Safeguards Rule apply to more than just banks and investment houses.

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Free Credit Repair for Low-Income Individuals?

Credit Corp

As of early 2023, you could still get your free credit report once a week with each of the bureaus, though this option may end at any time. Request the report in writing after being denied credit. If you’re denied credit based on something in your credit report, the lender must notify you in writing.

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Credit card debt is surging at a record-high rate

Collection Industry News

If you’re just making the minimum payments on your credit cards, it may be worthwhile to consider one of these debt repayment strategies. Americans are racking up credit card debt at a record-setting pace, according to the Federal Reserve Bank of New York. WILL A NEW CREDIT CARD AFFECT MY MORTGAGE APPLICATION?

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How to Get out of a Debt Spiral–11 Easy Things to Do [TODAY]

Credit Corp

First, look at your credit report. Next, you have to check your bank and financial statements to get an idea of your net worth. Look at your credit card statements and bank statements to know how much you have spent money and where. Credit counseling agencies offer this plan in exchange for a fee. That’s for sure.

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How to Get a Repo Off Your Credit: 7 Effective Removal Tips

Credit Corp

When youre late on payments or stop making payments on a loan, the lender can repossess or repo the item youre financing to settle your debt. Knowing how to get a repo off your credit report can help you boost your score and minimize the impact of those negative items on your credit score. Review Your Credit Report Step 3.

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Amid coronavirus economic recovery, Ohio can help prevent a consumer debt crisis

Collection Industry News

The government established a centralized response involving not-for-profit counselors and lenders to create a smooth system for consumers, and it worked. Credit counselors navigate consumers through payments to multiple creditors, combining obligations into one payment.

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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Keep in mind that some lenders charge an up-front, one-time origination fee ranging from 1% to 10% of the total loan amount. To get a credit card consolidation loan, take the following steps: Step 1: Research lenders, such as credit unions, banks, or online lenders. Step 3: Decide on a lender and apply.