Credit

How to Submit a Complaint to the Consumer Financial Protection Bureau (CFPB)

Everyday Economics Staff May 26, 2024 No Comments

The Consumer Financial Protection Bureau (CFPB) is a federal agency dedicated to ensuring that consumers are treated fairly by banks, lenders, and other financial institutions. If you encounter issues with…

What is the Fair Credit Reporting Act (FCRA) and How Does it Affect Your Credit?

Everyday Economics Staff May 23, 2024 No Comments

The Fair Credit Reporting Act (FCRA), enacted in 1970, is a critical piece of legislation designed to protect consumers’ rights in the United States. This federal law regulates the collection,…

Credit Myths – Is it Impossible to Get a Mortgage with a Low Credit Score?

Credit Myths – Will My Credit Score Go Down After Paying Off Loans?

Credit Myths – Will Paying a Collection Account Raise Your Credit Score?

Credit Myths – Does Closing a Credit Card Hurt my Credit?