FTC Seeks Comment on Changes, Effectiveness of Five FCRA Rules

The Federal Trade Commission is seeking comment on proposed changes that would bring several rules implementing parts of the Fair Credit Reporting Act (FCRA) in line with the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). In separate Notices of Proposed Rule Making (NPRMs), which will be published in the Federal Register shortly, … Read more

Add Points to Your Credit Score by Talking on the Phone and Watching Netflix

If you’re among the millions streaming more often during COVID-19, Experian is offering a way to use the leading video streaming service to boost your credit. Building on its groundbreaking consumer credit product, Experian Boost™, the company announced today that consumers can add video streaming payment history to their Experian credit reports using Experian Boost. … Read more

My Credit Card Was Closed and My Credit Score Dropped

Question: Dear Steve, I have a question about credit history. I held a credit card account with Dressbarn for 13 years. The company was bought by Capital One Bank. Then the company shut down last year. On my credit report, I noticed a 40 point drop because the card account was closed by the company. … Read more

Credit Repair Company Settles FTC Charges It Deceived Consumers By Telling Them “Piggybacking” on Others’ Credit Could Boost Scores

Defendants promise “huge” credit score increases, ease in obtaining mortgages A Colorado-based credit repair company and its owner have agreed to settle Federal Trade Commission charges they mislead consumers with promises to “drastically and immediately” improve credit scores and increase access to lower rates on mortgages. In its complaint against the operators of BoostMyScore.net (BMS), the … Read more

How to Read the Results of Your Credit Report Dispute

So, you’ve disputed an item on one of your credit reports, and now you’ve gotten your response. Now what? These tips about how to read the results of your credit report dispute can help. 1. Decoding the terminology  First of all, it’s important to understand the terminology you might find in the results of your … Read more

You Can Get Free Credit and Identity Theft Monitoring if You Are in The Military

Starting October 31, 2019, many members of the military will have access to free electronic credit monitoring, which can help them spot identity theft. In response to a new FTC Rule implementing a 2018 law, the nationwide credit reporting agencies—Equifax, Experian, and TransUnion—are providing free electronic credit monitoring services to active duty service members and … Read more

Why Are You a Sheep and Publishing False Information About Credit Privacy Numbers? I’m Going to Get You.

Question: Dear Steve, Why are you writing false information about that group and using that douchebag for all your information?? This is the problem your a sheep like everyone else you dont truly do your homework just let someone else feed it to your. YOU my friend are bullshit im just giving you the heads … Read more

Facebook and Others a Conduit in Illegal Activity Selling CPN Numbers to Consumers

Recently I wrote a post about open activity selling CPN numbers to consumers to use in place of their actual Social Security Number to apply for credit, CPN typically stands for a Credit Profile Number, Credit Protection Number, or Credit Privacy Number. See this post and this one. In the original post, I showed screenshots … Read more