A recent study analyzed credit bureau data and found the average American is over $90K in debt. The age bracket with the highest debt load is between ages 40-55, with an average debt of $136K per person. Juggling debt through early adulthood is an American rite-of-passage, though we never get any real education to prepare […]
If it seems like you are getting more robo-calls, it’s probably not your imagination. Total robo-calls in America hover between three and five billion per month. The highest count in recent years was October of 2019, when 5.6 billion were tallied. That’s 7.6 million robo-calls per hour, and 17 robo-calls per person that month. An […]
The Fair Debt Collection Practices Act (FDCPA) is the 2010 federal law that restricts the behavior of third-party debt collectors. The law outlines a number of specific debt collection means and methods that it deems abusive, misleading, or unfair. When a third-party debt collector violates the FDCPA, the consumer has one year to take legal […]
The Fair Credit Reporting Act is a federal law that governs how consumer reporting agencies collect, access, use, and share data. It applies not only to the big three credit reporting agencies, (Experian, TransUnion, and Equifax) but also to specialty agencies that collect and distribute data about your banking history, medical records, and rental history. […]
