The best way for Minnesota consumers to beat debt collectors at their own game is by knowing their rights. Debt collectors count on fear, ignorance and intimidation tactics to scare you into paying them. Being equipped with the correct information helps you overcome...
Claiming damages for willful FCRA violations
Your credit report is a crucial part of your financial picture. Minnesota homebuyers know the value of a good credit rating. A credit score of above 800 is top-tier and means that your credit status is in excellent condition. In times when your financial picture isn’t...
Understanding the Fair Credit Reporting Act
Depending on the number, FICO scores can either wield significant purchasing power or prevent a consumer from qualifying for credit. Governed by The Fair Credit Reporting Act (FCRA) since 1970, the federal law ensures accuracy, fairness, and privacy of the data of...
A repossession will impact your credit report
Auto lenders in Minnesota may choose to repossess your car if you fail to make loan payments in a timely manner. Technically, your vehicle can be repossessed if a payment is 31 or more days past due. However, lenders generally won't do so unless your account is at...