Paul Bland Executive Director, Public Justice Banks and payday lenders have had a good deal going for a while: They could break the law, trick their customers in illegal ways, and not have to face any consumer lawsuits. Armed by some pretty bad 5-4 Supreme Court decisions, they could hide behind Forced Arbitration clauses (fine…
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CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION TO HALT ILLEGAL DEBT COLLECTION PRACTICES BY LAWSUIT MILL AND DEBT BUYER
CFPB Bars Law Firm, Debt Buyer from Churning Out Illegal Collections Lawsuits and Imposes $2.5 Million in Penalties WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today ordered the debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a debt buyer, to stop churning out unfair…
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Signs of Credit Repair Scam
You don’t need a credit repair company because a qualified consumer attorney who knows the FCRA Fair Credit Reporting Act can do the same services and more for free! Your legal fees are paid under CROA or the FRCA. Large Upfront Payment It is illegal under the CROA (Credit Repair Organization Act) to…
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How to Raise Your Credit Report Score
Paying On Time Regularly paying your monthly bills on time helps raise your credit score. These debts are regularly reported to credit reporting bureaus. It is best to pay off your credit card balance in full every month since it lowers your credit utilization percentage. This raises your FICO score. Pay off Debts with…
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