Have you received an automated call telling you that you’ve paid too much on your utility bill? The caller probably told you that you were eligible for a refund or a discount on your future payments. If all of this sounds a bit fishy, that’s because it probably is....
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CFPB issues long-awaited final rule on debt collection
Consumers and debt collectors have both been waiting for several years for the Consumer Financial Protection Bureau (CFPB) to issue its debt collection final rule. The 653-page rule clarifies bans on harassment and abusive debt collections, false or misleading...
Will deferred payments lower my credit score?
If you struggled to pay back your loans over this past year, deferred payments were a welcome relief. Student loans, car loans and housing payments stretched your paycheck to its limit. By placing these obligations on hold, you were able to take a breath and readjust...