A federal court has blocked the operations of an organization that calls itself “FTC Credit Solutions.” The organization used false association with the FTC to promote counterfeit credit fix services to Spanish-speaking consumers.
The charge card market increased strength in last years third quarter, with higher monthly purchase and more new accounts quantities across all risk groups, as stated by the American Bankers Associations latest Credit Card Marketplace Screen.
A national class-action lawsuit alleges credit bureau $10 charges before it puts security halts on the files of those who are coping with identity theft.
The Consumer Financial Protection Bureau announced its adding two new issues – skill and debt collection practices -to-refund standards – to a planned second charge card marketplace study which could result in enforcement measures and new rules
U.S. credit card debt soared by $57.1 billion – up 47% – in 2014 compared to 2013 and the outlook calls for the total to reach $60 billion this year, according to a new survey from CardHub.