FTC releases Fair Debt Collection Practices Act report

Mar 31, 2011 Kyle Duncan

The Federal Trade Commission recently unveiled its annual Fair Debt Collection Practices Act report to Congress, summarizing the top consumer complaints received in 2010.The number of complaints received by the FTC regarding third-party debt


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Maryland moves to limit employer credit checks

Mar 31, 2011 Matt Roesly

Maryland moves to limit employer credit checks

A bill under consideration in Maryland would limit how employers use applicants' credit reports and histories when determining job eligibility, The Associated Press reports.The state House of Representatives recently voted to pass the bill,


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Results of Japan quake could cost US more than 5 million cars

Mar 31, 2011 Brian Bradley

Japanese auto makers are facing an industry-wide crunch as the after-effects of the March 11 earthquake and tsunami have brought assembly lines throughout the country to a standstill. That pause could have serious ramifications on the American


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Memphis group reaches out to unbanked

Mar 31, 2011 Todd Milner

Memphis group reaches out to unbanked

Thousands of residents in Memphis, Tennessee, are "unbanked" - they don't have a bank or credit union account - and one local group is working to increase their financial literacy.Roughly 96,000 households are unbanked in the


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Debt collectors must follow certain rules when contacting social media users

Mar 31, 2011 Kyle Duncan

Social media is often used by people as a way to connect with old friends and relatives, or perhaps share photos from a special event with a small network of those in a social circle. But in recent years people have been using networking sites


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