Know your Rights: Debt Collectors may NOT harass you!

The COVID pandemic has created a new and trying time. Between stay-at-home orders, and increasing unemployment, people across the US are challenged to keep up with their bills and make ends meet.  The government is scrambling to invoke temporary restrictions for debt collectors in the coming months which may extend forms of payment forgiveness and waived fees.  But did you … Read More

Legislators Advocate for Consumers

In the United States a variety of laws at both the federal and state levels regulate consumer affairs. Some examples include the Federal Food, Drug, and Cosmetic Act, Fair Trading Act, Fair Debt Collection Practices Act, the Fair Credit Reporting Act, Truth in Lending Act, Fair Credit Billing Act, and the Gramm–Leach–Bliley Act. The Bureau of Consumer Financial Protection (CFPB) specifically works to … Read More

Leading Driver of Consumer Debt

Consumer Debt

Debts are on the rise.  It is hard to get ahead and stay ahead these days.  Consumer debts include mortgages, automobile loans, student loans, medical expenses and credit card charges.  Collectively these are increasing year over year. A recent survey by Northwestern Mutual found the following: Credit card debt remains one of the largest contributors to past due balances. According … Read More