Understanding the FCRA and Your Rights
What is the Fair Credit Reporting Act? The Fair Credit Reporting Act[1] (“FCRA”) was enacted by congress in 1970 with the goal of protecting consumers from inaccuracies, unfair reporting practices, and privacy breaches by credit reporting agencies. The FCRA helps to regulate the use of consumer reports by laying out rules covering; dispute resolution, the […]
Understanding the FDCPA and Your Rights
What is the Fair Debt Collection Practices Act? The FDCPA, also known as the Fair Debt Collection Practices Act, was enacted in 1978 by Congress because of a finding of “abundant evidence of the use of abusive, deceptive, and unfair debt collection practices by many debt collectors” 15 U.S.C. § 1692. In broad terms the […]
Debt Settlement and Debt Consolidation two Solution to Similar Problem
Anyone facing large amounts of debt is under a seemingly insurmountable level of pressure. Not only getting out of the debt seems daunting, but the options can be just as confusing and stress-inducing as the debt itself. There are three terms most people are likely to hear when it comes to debt resolution: Debt consolidation […]
The Link Between Mental Health and Financial Stability
Studies Show High Debt Can Increase the Chances of Mental and Physical Health Problems. It is no surprise that having debt can cause stress. However, those studying the effects of debt related financial pressure were surprised to see the dramatic impact on mental and physical health, including signficant increased chances of suicide. The complications of […]
