Technology creates many opportunities for improving your life on a daily basis. However, Minnesota scam artists can take advantage of technological advancements to make your life more difficult. For example, scam artists send robotexts, which generate text messages...
Today fraud thrives in the electronic consumer world, where unskilled consumers are left open to ID theft, phishing, and other fraud schemes that have become more prevalent in recent years. But there's another type of fraud that's been around for longer: bank fraud....
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...
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...
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...