The Fair Credit Reporting Act (FCRA) is a piece of federal legislation that aims to protect consumers from unethical creditors. It places a high value on transparency. This is one of the reasons why this piece of legislation gives consumers the right to request a free...
When you're in debt, the last thing you need is someone constantly reminding you of your financial situation. Unfortunately, if your account has been sent to debt collection, you can expect some level of interaction with a debt collector. But there's something you...
You were likely tempted by numerous sales this winter holiday season that just wrapped up. While you may be good at deciding between wants versus needs, there are plenty of other individuals that haven't yet mastered making such decisions. Many advertisers invest...
The Federal Communications Commission (FCC) announced on Dec. 9 that emailed faxes aren't illegal under the Telephone Consumer Protection Act (TCPA). A spokesperson for the federal agency gave the FCC's reasoning for reaching such a conclusion when announcing their...
Knowing that you owe someone money might bring up feelings of wanting to get them paid off as soon as possible. When the person you owe is a business or agency and you are unable to pay, you might end up having your account sent to a collection agency. Collection...
Minnesota's attorney general (AG) filed a lawsuit against the maker of the e-cigarette Juul in Hennepin County District Court on Dec. 4. The head attorney for the state argued that the company engaged in negligence, deceptive advertising and consumer fraud in...
A 42-year-old Burnsville man was sentenced to 4.5 years in federal prison by a federal judge in Wisconsin earlier this week. The Minnesota resident had been convicted of running a Ponzi scheme leading up to his sentencing. The U.S. Attorney's Office argued that the...
If you rely on your car to get to and fro, then it may be an absolute nightmare to think of the prospect of not having access to it. This is what motivates many consumers to continue making timely loan payments. What if you were consistent in making loan payments, but...
'Tis the season for false advertising? That's right! Black Friday is right around the corner. Year-end car sales will start being advertised on television, the radio, online and in the newspaper soon as well. The holiday season is just one time during the year during...
Each year, many consumers find out that they're not going to be able to reach their financial goals of owning a car or home or taking out a loan because their credit score isn't what it needs to be to make this happen. One elderly Florida man recently learned this...