FTC proposes revisions to risk-based pricing rule

Mar 13, 2011 Brian Bradley

The Federal Trade Commission and Federal Reserve Board are proposing changes to the risk-based pricing rule that would affect what information creditors have to disclose about decisions they base on consumer credit reports.The proposal would


Read More

Illinois Collectors Association says industry should be held to high standard

Mar 12, 2011 Kyle Duncan

An Illinois-based debt collection group recently praised the efforts of Illinois Attorney General Lisa Madigan as she works to put a stop to deceptive practices that harm consumers.The Illinois Collectors Association released a statement that


Read More

Protecting your smartphone against identity theft

Mar 12, 2011 Brian Bradley

Protecting your smartphone against identity theft

Consumers are increasingly conducting ecommerce and online banking through their smartphones. The technology makes such activity easier for the user, but it also opens up consumers to a greater risk of identity theft. To help protect consumers'


Read More

Consumers benefit from new credit card rules

Mar 12, 2011 Brian Bradley

Consumers benefit from new credit card rules

Consumers are seeing more favorable results from the 2009 CARD Act, which established new rules in consumer credit card protection, the Minneapolis Star-Tribune reports. According to the paper, there are four pivotal areas where consumers are


Read More

Debt does in Kansas lawmaker

Mar 12, 2011 Kyle Duncan

A Kansas lawmaker is citing revolving debt from his personal interest as the main cause for his bankruptcy, the Kansas City Star reports. Ty Masterson, a member of the state's Ways and Means Committee, was forced to file for bankruptcy


Read More