Dealing with debt collectors? Check out this video series from the National Association of Consumer Advocates.https://www.youtube.com/watch?v=Sjevsb7VpzI&list=PLBm_Gvx330sFxCE8wFLL4IhB1losCz6m_. As always, contact our firm directly with any credit reporting issues at nyconsumerlaw.com
https://www.youtube.com/watch?v=PHe0bXAIuk0 “The important part of the economy is credit.” So explains Ray Dalio in this informative video “How The Economic Machine Works.” Are your credit reports accurate? Don’t wait until you need more credit to find out. Consumers can obtain their credit reports for free at annualcreditreport.com. Consumers have powerful rights under the federal Fair Credit […]
https://library.nclc.org/major-consumer-protections-announced-response-covid-19 This article, which will be updated as developments warrant, lists actions Congress, governors, federal and state agencies, and businesses are taking to protect consumers in light of the COVID-19 epidemic. These actions include suspensions on foreclosures, evictions, and terminations of telecommunications and utility service, elimination of interest and forbearance on student loan payments, limits […]
https://www.consumer.ftc.gov/blog/2020/04/want-get-your-coronavirus-relief-check-scammers-do-too?utm_source=govdelivery For now, here are some things to know. You don’t need to do anything. As long as you filed taxes for 2018 and/or 2019, the federal government likely has the information it needs to send you your money. If you haven’t filed taxes recently, you’ll need to submit a simple tax return to get your […]
Fair Credit Reporting CARES Act § 4021 provides less than minimal protections regarding credit reporting. From January 31, 2020 until 120 days after the end of the national state of emergency, if a creditor has made an accommodation (such as a forbearance or workout) for a consumer pursuant to the state of emergency, the creditor […]
I spoke with Newsweek yesterday about how the pandemic is affecting consumers with gym memberships. We primarily help consumers with credit report errors. Unscrupulous gyms that continue to charge consumers — even though the gym has been ordered closed — may need to answer for their reporting inaccurate information to the credit bureaus. Here’s one […]
“There already is a high level of anxiety over the potential spread of coronavirus,” FTC chairman Joe Simons said in a statement. “What we don’t need in this situation are companies preying on consumers by promoting products with fraudulent prevention and treatment claims. These warnings are just the first step. We’re prepared to take enforcement […]
Your credit score affects whether you can get a loan — and how much you’ll have to pay to borrow money. People with low credit scores often have to pay more. So when a company says they’ll help you pay your way to a higher credit score, you might be tempted to listen. But don’t […]
If Kavanaugh maintains his position and finds four colleagues to join him, it is hard to see how any of the decisions the agency has made over almost a decade could stand. For instance, the CFPB has helped to reduce high late-fees on credit cards, undisclosed credit card fees and sharp interest rate hikes. It has also […]
The company claims to have scraped more than 3 billion photos from the internet, including photos from popular social media platforms like Facebook, Instagram, Twitter and YouTube. The firm garnered controversy in January after a New York Times investigation revealed that Clearview AI’s technology allowed law enforcement agencies to use its technology to match photos […]