Business Credit Scores: 6 Things Every Entrepreneur Should Know
Do you have a side hustle you’re looking to grow? Are you a small-business owner wondering if you should use your personal credit for your business? Before you do, consider …
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Study: Consumer Financial Protection Bureau Complaints Shattered Records in 2020
PHILADELPHIA, PA — Consumer complaints about problems with financial companies such as banks, credit bureaus and debt collectors rose by more than 50 percent in 2020 and set new records …
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Consumer Financial Protection Bureau Settles with Santander Consumer USA Inc. for Credit Reporting Violations in Connection with Its Auto Loans
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) recently issued a consent order against Santander Consumer USA Inc. (Santander) to address the Bureau’s finding that it violated the Fair …
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FTC Stops Debt Collector’s Alleged “Debt Parking” Scheme, Requires It to Delete Debts It Placed on Consumers’ Credit Reports
WASHINGTON, D.C. — The Federal Trade Commission has taken action against a debt collection company that allegedly placed bogus or highly questionable debts onto consumers’ credit reports to coerce them to …
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Howard Introduces Bill to Help Improve People’s Credit Ratings
MALVERN, PA — State Rep. Kristine Howard, D-Chester, this week introduced H.B. 2932 which would require public utility companies to offer customers the option of reporting their monthly payments to …
Read MoreCFPB Study Shows Financial Product Could Help Consumers Build Credit
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) released a report indicating that a credit builder loan could increase the likelihood of establishing a credit record for consumers without …
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Shapiro Issues Consumer Alert: Check Your Credit More Often Through COVID-19 Emergency
HARRISBURG, PA — Attorney General Shapiro is alerting consumers that TransUnion, Equifax, and Experian are providing free credit reports on a weekly basis to users until April 2021. Normally, each …
Read MoreConsumer Financial Protection Bureau Issues Credit Reporting Guidance During COVID-19 Pandemic
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) released a policy statement outlining the responsibility of credit reporting companies and furnishers during the COVID-19 pandemic.
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