Was this sufficient compensation? The FTC alleged that some Vivint sales representatives used a process known as “white paging,” which involved finding another consumer with the same or a similar name on the White Pages app and using that consumer’s credit history to qualify the prospective unqualified customer. Vivint sales representatives also sometimes asked customers […]
https://www.cnbc.com/select/why-you-should-know-your-fico-credit-score-how-often-to-check/ Checking your credit reports for free at http://annualcreditreport.com/ is a good start. But to know the score(s) used by most lenders — the FICO score(s) — consumers must look beyond just their free credit reports or even the Vantage scores offered by the credit bureaus.
https://www.wsj.com/articles/was-my-facebook-data-leaked-what-you-need-to-know-11617751579 More identity theft, more ways for thieves to access credit in another consumer’s name. Consumers can still get free weekly credit reports from https://www.annualcreditreport.com/index.action for free credit reports.
Consumers have a lot to do to stay financially healthy. One of those priorities includes knowing what the credit bureaus are reporting. http://www.consumerreports.org/credit-scores-reports/why-the-pandemic-may-be-hurting-your-credit-score/
Hard to think of a better way for a consumer to know what credit report companies are saying about them than checking your credit reports frequently. Visit http://annualcreditreport.com/ for free weekly credit reports during the pandemic. https://www.nytimes.com/2021/02/19/your-money/credit-report-errors.html
Confirmation of President Biden’s nominee Rohit Chopra will pivot agency back to only job: protecting consumers WASHINGTON — 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 for each month of the year, according to a new […]
Reminder — free credit reports available every week, not just once a year. Know what’s reporting about you including any errors. Same website: annualcreditreport.com To dig deeper, obtain your free file disclosures from the many specialty consumer reporting agencies: https://lnkd.in/gJfZbHt
Because of COVID-19, unemployment rates are high and many people’s cash flows are low. Scammers view these as ripe conditions to strike. They’ll stop at nothing — not even a pandemic — to trick you into sharing your personal or financial information. That includes pretending to be a government official from the Federal Trade Commission […]
Prepandemic, deferrals weren’t much of a problem for banks. They were used rarely for most types of consumer debt and were usually confined to areas hit by natural disaster. Now, a staggering number of consumers around the U.S. are in deferral or other repayment programs, leading banks to question whether the credit scores and reports […]
https://www.wsj.com/articles/supreme-court-orders-restructuring-of-consumer-financial-protection-bureau-11593441215 The court rejected broader legal arguments that it should strike down the bureau—which was designed to protect consumers from abusive financial-industry practices on products like mortgages, student loans and credit cards—altogether.