Many Illinois consumers struggle with their financial obligations from time to time. If you’re like many people, you have debt or need time to rebuild your credit. Whatever the case, the Fair Credit Reporting Act is there to protect you.. Understanding the FCRA The...
The Federal Trade Commission has sent letters or emails to 9,000 people in Illinois and around the country who may be entitled to compensation from the home alarm and monitoring company Vivint Smart Home. In April 2021, Vivint had agreed to pay $20 million to settle a...
Your credit report is a crucial component of your financial health. It contains a detailed credit history, including your borrowing and repayment habits. Credit reports are used by Illinois lenders, employers and landlords to evaluate your creditworthiness, and they...
A credit report contains information about an individual's debts and financial accounts in Illinois. The Consumer Financial Protection Bureau (CFPB) provides information on who has access to a credit report, the types of errors to look for and how to report...
For people in Illinois, consumer protection for credit reporting and other personal finance topics can be a murky subject. Recently, the Consumer Financial Protection Bureau, or CFPB, issued a ruling to help clarify its jurisdiction and that of the state government....
Obtaining info about your credit report in Illinois can be a tedious process. This is all the more true if you don't know where to turn to in order to get this info. This is why it's crucial to know about a law called the Fair Credit Reporting Act (1970). The FCRA...