Search results
Results from the WOW.Com Content Network
Since its launch in 2011, the CFPB has distributed more than $3.3 billion to consumers harmed by a range of illegal practices, such as student loan and mortgage relief scams and predatory lending.
Debt relief and credit repair scams involve a scammer who claims to be able to eliminate your debt or increase your credit score by a specific amount. They typically request a large upfront ...
Debt relief scams: Some criminals target those seeking help with credit card debt. Make sure that you know how to identify a debt relief scam, such as guarantees that you will qualify for debt ...
The combination of a global pandemic and soaring inflation has left many Americans with mountains of debt. The total household debt in the U.S. rose by $333 billion (2.2%) to reach $15.58 trillion ...
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...
AnnualCreditReport.com allows you to obtain a free credit report from each major consumer reporting company weekly. Claim your reports online, then review them carefully to see if the debt is listed.
The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...
Key takeaways. Debt relief can take three forms: debt settlement, consolidation and management. Working with a debt management company can result in less debt or a faster payoff — but there are ...