Mixed Results For Lawsuits Against Collection Agencies, Creditors

January 27, 2012 No comments yet

View full post on Regulation A review of lawsuits filed against collection agencies and creditors in the first two-week reporting period for 2012 shows that Fair Debt Collection Practices Act and Telephone Consumer Protection Act lawsuits are down from the same two-week period a year ago.

Card Debt Falls Last Year, Credit Scores Too

January 27, 2012 No comments yet

View full post on Collections – Credit Card Despite an end-of-year slowdown, consumers in all 50 states ended the year with less credit card debt than when the year began, according to a report issued by CreditKarma.com.

Wednesday Roundup: Where Should I Stash $50,000?

January 27, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Where Should I Stash $50,000?? “I have to meet a few of Mrs. RB40′s conditions before I can quit my corporate job. One of them is for us to save $50,000 in cash. (I negotiated down from 100k because I really think that [...]

North Carolina AG Bans Law Firm From Debt-Relief Work

January 26, 2012 No comments yet

View full post on Regulation A Florida law firm that claimed it would reduce consumers’ debts has been banned from doing debt relief work in North Carolina, according to North Carolina Attorney General Roy Cooper’s office.

Credit Card Issuers Said To Be Testing New Fees

January 26, 2012 No comments yet

View full post on Collections – Credit Card Credit card issuers quietly are testing new fees to help make up for other fee income wiped out last year when the CARD Act went into effect, one analyst contends.

America: Land of Class Conflict and Limited Opportunity?

January 25, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma **Today’s guest post is contributed by LearnVest.** Two recent findings about our country have our rose-colored glasses hitting the pavement. The first by the Pew Research Center showed that two-thirds of Americans believe that the class divide between rich and poor is now [...]

FTC, CFPB Sign Agreement To Coordinate Consumer Protection Efforts

January 24, 2012 No comments yet

View full post on Regulation The Federal Trade Commission and the Consumer Financial Protection Bureau have signed a deal to coordinate consumer protection efforts and help avoid duplicating federal law enforcement and regulatory efforts.

Anti-Piracy Bills That Affected Financial Companies Delayed

January 23, 2012 No comments yet

View full post on Regulation The Stop Online Piracy Act and the Protect IP Act, two bills that would have relied on payment companies to block funding to websites accused of content theft, were put on hold Friday.

Friday Roundup: Sneaky Pizza Delivery Fees Are Here to Stay (and It’s Your Fault)

January 23, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Sneaky Pizza Delivery Fees Are Here to Stay (and It’s Your Fault). “I love sleight of hand tricks. Occasionally, a coworker of mine named Fred will stop by my office and regale me with some truly amazing acts of prestidigitation. I’m always left [...]

CFPB Update: Payday Loan Crackdown

January 21, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma The CFPB’s mission is “to make markets for consumer financial products and services work for Americans.” It’s already begun targeting credit scores and credit card agreements, and now has set its sights on abusive payday lending practices. So what does this mean and [...]


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