These Are Credit Reporting Agencies You Can Hold Accountable

The Consumer Financial Protection Bureau (CFPB) has just released this list of consumer reporting companies that can be held accountable. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data, including individuals’ finances, employment, check writing histories, or rental history records, often without their knowledge. Using the list, people … Read more

FTC Stops Bogus Credit Card Telemarketer from Peddling Worthless Cards to Rebuild Credit

At the request of the Federal Trade Commission, a federal judge has temporarily halted a telemarketing operation that allegedly sold bogus credit cards and took money from consumers’ bank accounts without their consent. The court ordered the defendants’ assets frozen and appointed a receiver to control the business, pending resolution of the case. As part … Read more

Secret Credit Bureaus You Don’t Know About, But They Know About You

So let me tell you a story about secret credit bureaus that you don’t know about. Most of us have some knowledge about the three major credit bureaus that hold our credit report and credit score. The three biggies are Equifax, Experian and Transunion. But there are more places that hold information about you. Have … Read more