When an asset gets repossessed, it's stressful enough even if you understand why it's happening. If you don't make your mortgage payments and they start to foreclose on your house, you know why you reached this point, but it still puts incredible pressure on you and...
There are many reasons to review your credit report regularly, with the potential to pinpoint a mistake at the top of your list. It's difficult enough to obtain and maintain a good or excellent credit score without a mistake (or several) on your credit report. But if...
There are various consumer laws in place here in Minnesota that aim to protect state residents from companies that look to create monopolies. There is also legislation on the books that protect Minnesotans from falling victim to deceptive business owners. Other laws...
Plaintiffs in Illinois, who'd previously filed suit in U.S. district court accusing the owners of a medical marketing company of violating their rights by sending them text messages lost their Telephone Consumer Protection Act (TCPA) case last week. A judge ruled that...
Software and app developers have been hard at work during the past few years developing mobile technology aimed at curbing wrongful repossession (repo) rates of vehicles. One of the standout programs that has emerged from all of their hard work is a mobile platform...
If you have some type of past-due debt (and even if you don't), you could hear from a debt collector. A phone call from a debt collector can catch you off guard, making it difficult to respond in the appropriate manner. Fortunately, when you have a plan for what you...
The dating app company Match.com was sued for fraud earlier this week by the Federal Trade Commission (FTC). The company, which owns several other popular relationships apps such as Tindr, PlentyofFish, Hinge and OkCupid is accused of having defrauded its users into...
When a debt collector contacts you via phone, it's natural to have some fears about what will happen in the future. Before you do anything, you should learn more about the Fair Debt Collection Practices Act (FDCPA). In short, this act is in place to govern debt...
If you have outstanding debt, then you likely already know about it and are trying to find a way to pay it off. Incessant calls and letters from creditors can add salt to a wound. You'll be happy to learn that there are lawful ways to get creditors to stop contacting...
There are plenty of law-abiding people working in the repossession business -- and there are also quite a few who act like every repossession is a game they're determined to win. Some of those repo agents are definitely not above breaching the peace to get at your...