Personal loans are often used for loan consolidation, major purchases, home improvements or other expenses, such as a wedding.
Hackers have stolen the personal information of 15 million in a data breach of Experian.
The Consumer Financial Protection Bureau says credit report complaints to the agency increased 56% between June and July.
Seniors can take a proactive step against ID theft by placing a security freeze on their credit reports.
JPMorgan Chase, Bank of America and Citi are moving toward removing credit card debts discharged by bankruptcy from credit reports, following pending litigation.
A person with a fiduciary responsibility, meaning the obligation to put the client’s interests first, can be an alternative when choosing a person to monitor the accounts.
New studies from two major credit bureaus show adding more data to credit reports would boost a ton of consumers’ credit scores.
The CFPB also wants agencies to make it easier for consumers to access and interpret their credit reports.
Along with knowing your rights under the Fair Debt Collection Practices Act, you should know your debts and credit account listings.
Millions of Americans are excluded from the banking system due to reports that document their personal finance histories.