This has been a year like no other. The pandemic has left more than 200,000 Americans dead and millions more without jobs. Schools sent students home and moved classes online. Businesses closed their doors, many of them permanently shuttered. Amid the pain, turmoil...
Credit scores rise to all-time high during pandemic
The pandemic has wreaked havoc on virtually every aspect of life in Minnesota, across the nation and around the world. One of the few things to have actually improved during these tumultuous months: the average American consumer's credit score. That’s according to the...
How is your credit score calculated?
Upon checking your credit score, you might feel concerned if it is lower than you expected. A healthy credit history is crucial in getting approved for – and securing a favorable interest rate on – a car loan, mortgage or another credit card. If your credit habits are...
Part II: Debt collection primer
As regular readers of our Minnesota Consumer Rights Blog know, we recently published the first part of our debt collection primer. In it, we wrote about different types of debt collectors and debt. As promised, we’re going to look at what you should do when you’re...