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...
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...
One of the most overwhelming, confusing things that could happen is that your car is repossessed. If the repossession was wrongful, you have rights under Minnesota and federal law. Ask why the vehicle was repossessed Car repossession is only legal if you have...
When a person declares bankruptcy in Minnesota, one of the first things that must happen is an evaluation of their assets. This is done to determine which assets are exempt from being liquidated and used to repay outstanding debts. Non-exempt property Non-exempt...
Consumers in Minnesota and throughout the country have privacy rights when it comes to their credit. If your credit report was unfairly disclosed without your permission, it might be considered an invasion of your privacy. When is it permissible for a credit report to...
Anyone struggling with debt in Minnesota knows how stressful the situation is. Many debt collectors will try to capitalize on that stress by illegally attempting to seize your property, including your vehicles. If a repossessor calls for your vehicle, you must take...
Depending on the type of job you’re applying for in Minnesota, you might have to undergo a background check. Receiving incorrect information on the check can be jarring. These tips can help you deal with such a situation. What are the most common mistakes found in...
Consumers in Minnesota and the rest of the nation have reason to rejoice. The Consumer Financial Protection Bureau (CFPB) has issued a new rule. This decision is one that grants states a much wider range of powers to protect consumers. The new rule is set to take...
If you own a health care practice in Minnesota, you may have heard about a new ruling by the TCPA. The Telephone Consumer Protection Act has been designed to minimize the number of unwanted spam calls that reach phone users on a day-to-day basis. This Act will have an...
A robocall is a phone call that uses a computerized auto-dialer to send pre-recorded messages to recipients. While sometimes annoying, there is nothing inherently illegal about robocalling alone. There are many legitimate uses of robocalling. You may get a robocall to...