A consumer's credit report in Vadnais Heights, Minnesota, includes bankruptcies, court records and how they pay their bills, which employers, landlords and insurers may use to hire or approve applicants. When applicants are declined jobs or other business deals, the...
People in Minnesota should be aware of their rights under the Fair Debt Collection Practices Act, or FDCPA. This law regulates practices in the debt collection industry, particularly when it comes to third-party debt collection agencies. This is particularly important...
Although identity theft has been around for a long time, it is a relatively new phenomenon as a common occurrence in our society. With the increase of technology as an integral part of everyday life, people are more exposed than ever to the possibility of identity...
People rely on their credit reports for many reasons. Decisions on loan applications or apartment lease approvals might hinge on a decent credit rating. Some would-be employers might even pass on a jobseeker whose credit report looks weak. Unfortunately, not all...
When someone has a considerable amount of debt, they are likely to be under a lot of stress and pressure. Trying to make ends meet while also keeping up on bills is never easy, but harassing debt collectors does not make things any easier. Debt collectors will try...
If you're applying for a job in Minnesota, potential employers might choose to do a background check. They must follow specific regulations while doing so. Before the background check Potential employers are not permitted to perform a background check without first...
Having a good credit score helps consumers in Minnesota financially by increasing chances of loan approval and better rates. However, any errors on a credit report may get them denied or higher interest rates. The Fair Credit Reporting Act gives consumers protection...
Minnesota residents may be getting fewer robot calls soon thanks to the Pallone-Thune Telephone Robocall Abuse Criminal Enforcement and Deterrence Act, or TRACED Act. The government updated the original Telephone Consumer Protection Act. Why the legislation was...
When those struggling with debt seek bankruptcy, one of the benefits of bankruptcy is getting an automatic stay, where debt collectors can’t call until the bankruptcy is resolved. If the debtor receives a Chapter 7 bankruptcy, most likely, nearly all of their debt...
Given the events of this previous year, many consumers have found that the loss of a job or change of personal circumstances has caused a negative impact on their economic status. Many are finding that these dire financial situations have led to increased credit card...