The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, including credit bureaus and specialty agencies (such as agencies that sell information about check writing histories, medical records, and rental history records). Here is a […]
Part 3 of How to Choose a Credit Counselor. If your financial problems stem from too much debt or your inability to repay your debts, a credit counseling agency may recommend that you enroll in a debt management plan. A Debt Management Plan alone is not credit counseling, and Debt Management Plans are not for […]
Regardless of their name, these small, short-term, high-rate loans by check cashers, finance companies and others all come at a very high price. The finance charge can climb to $60 to borrow $100.