https://www.cnn.com/2019/10/18/tech/reporter-hack/index.html To check your credit reports for signs of identity theft, visit annualcreditreport.com for free credit reports or purchase them directly from each bureaus website (Equifax.com , Experian.com , TransUnion.com , Innovis.com ).
Google said it made the change ‘to protect people from deceptive and exploitative personal-loan terms’ https://www.wsj.com/articles/google-shuts-out-payday-loans-with-app-store-ban-11570886730
A former employee of American Express is under investigation by the police for allegedly accessing customer information with the intent to commit fraud. The exact details of the incident have not been disclosed, but the employee is thought to have wrongfully accessed the personal information of Amex customers in America in an attempt to open accounts at […]
FAIR Act would restore consumers’ and workers’ right to seek justice in court when harmed. A Senate vote is next. https://www.consumeradvocates.org/media/news/us-house-votes-end-forced-arbitration-corporate-contracts
To recap: Equifax exposed personal financial information, was sued by the government and settled. The government publicly touted a cash reward alternative of up to $125 to victims without ensuring enough money had been set aside to guarantee the max amount for every possible person affected; the government backtracked on its statement; eventually, the Equifax settlement team […]
When a criminal steals your identity, he or she can also steal your good credit score. https://blog.myfico.com/identity-theft-affects-fico-scores/
The Fair Credit Reporting Act was ahead of its time in terms of assuring consumer rights re: the accuracy of the data that is involuntary reported about consumers. One of the next frontiers is establishing consumers’ rights to control that data. Listen to Microsoft’s president discuss . . . Your rights are being violated and […]
Goldman Sachs and Apple have included an arbitration provision in the Apple Card customer agreement. It basically means you can’t join a class action lawsuit against either company, experts said. Customers can also easily opt-out of arbitration — here’s how you do it. https://www.cnbc.com/2019/08/21/apple-card-arbitration-agreement-how-to-opt-out.html
The Trump administration imposed sweeping changes to U.S. immigration policy this week, including letting the government—apparently for the first time—weigh prospective immigrants’ credit history when deciding who gets to come to the U.S. and who gets to stay. https://www.wsj.com/articles/new-trump-administration-rule-will-look-at-immigrants-credit-histories-11565973971
https://blog.myfico.com/credit-actions-affect-fico-scores/ The way you manage your finances and use credit (both positively and negatively) can impact your FICO® Scores. But how your FICO Scores change can vary widely depending on your credit profile and how you have used and managed your credit previously.