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

New Credit Bureau Coming This Spring That You Need to Know About


Experian has just announced a new credit bureau that is aimed at the buy now, pay later crowd. The bureau will be cleverly known as The Buy Now Pay Later Bureau™. Experian has spotted an opportunity to roll out this new service with a large number of people using Buy Now, Pay Later (BNPL) services. … Read more

Rapid Reader Questions, Debt Consolidation, Navient, Credit Score, Fraud, and More

Q; Is it legal for a mortgage company to all of a sudden demand a deferment balance from 10 years ago now, or will they foreclose on the home I am one month behind on the monthly payment? A: That sounds a lot like a balloon mortgage (a mortgage in which a large portion of … Read more

20 Easy Ways Facebook and Twitter Users Can Boost Their Credit

According to a report published by Experian at the end of 2013, young adults aged 19 to 29 had an average credit score of 628 — more than 50 points lower than the national average and the lowest of all the age groups. If you’re a millennial, maybe you’re trying to avoid debt like the plague by staying away from … Read more