Credit remains more important than ever. Be sure your credit reports are accurate — it’s your right under federal (and New York) law. https://money.cnn.com/2018/05/22/pf/emergency-expenses-household-finances/index.html
Author Archives: Inter_admin
Testifying on behalf of the Commission at a hearing on credit bureaus and the FCRA, Maneesha Mithal, Associate Director of the FTC’s Division of Privacy and Identity Protection, noted that the Commission has played a key role in the implementation, enforcement, and interpretation of the FCRA since its enactment in 1970. The FCRA requires consumer […]
According to a survey conducted by the Society for Human Resource Management, 60% of private employers check the credit histories of some of their job applicants, and 13% check the histories of all potential hires. https://www.tcpalm.com/story/specialty-publications/your-news/martin-county/reader-submitted/2018/06/07/credit-problems-may-hinder-job-search-wealth-management/681814002/
The new law has a long name – Economic Growth, Regulatory Relief, and Consumer Protection Act – but the outcome is simple. When the law takes effect in September, Equifax, Experian and TransUnionmust each set up a webpage for requesting fraud alerts and credit freezes. The FTC will also post links to those webpages […]
http://money.cnn.com/2018/05/22/pf/free-credit-freeze/index.html The new legislation will make placing, lifting, and permanently removing freezes free no matter where you live. It also requires consumer rating companies to fulfill your request within one business day if made online or over the phone, and within three business days if requested by mail. The changes will take effect about […]
If the bill becomes a law, it will offer weaker protections against identity theft, replacing stronger ones currently dictated by individual states. And, as if that were not enough, it would also provide service members an inadequate right to credit monitoring, while paving the way for Equifax and the other national credit bureaus to […]
https://pennrecord.com/stories/511394886-synchrony-bank-accused-of-accessing-individual-s-credit-report-in-attempt-to-collect-discharged-debt
You have heard of credit scores. Heard of China’s social credit scores? Would this ever be allowed in the United States? https://www.cbsnews.com/news/china-social-credit-system-surveillance-cameras/
http://money.cnn.com/2018/04/20/news/companies/wells-fargo-regulators-auto-lending-fine/index.html
Was your information exposed in the latest data breaches at Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH, or Under Armour’s MyFitnessPal? If so, here are some steps to take. https://www.consumer.ftc.gov/blog/2018/04/breaches-lord-taylor-saks-myfitnesspal?utm_source=govdelivery