Consumer Rights Blog

Making Payment Arrangements

Made Payment Arrangements Due to the COVID-19 outbreak? You Should Be Checking Your Credit Reports.

For many American families, the COVID-19 outbreak has caused some serious financial turmoil. Many people are struggling to pay bills and feed their families. On March 27, 2020 the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted. Under the CARES Act, those struggling to pay bills can make special payment arrangements with creditors.

Francis Mailman Soumilas, P.C.Announces Ninth Circuit Court of Appeals Upholds $40,000,000 Jury Verdict Against TransUnion For False Terrorist Alerts on Consumers’ Credit

In Ramirez v. TransUnion, LLC, the appeals court upheld the jury’s June 2017 award of roughly $8 million in statutory damages across the class, but reduced the jury’s $52 million punitive damages across the class to about $32 million. The Ninth Circuit’s decision comes eight years after Ramirez filed a class action lawsuit against TransUnion

Equifax Sued For Not Investigating Inquiry Disputes

Equifax Sued for Not Investigating Disputed Inquiries on Credit Reports

Equifax Sued In Another Class Action Because Of Its Systemic Failure To Investigate Consumer Disputes Of Unauthorized Or Fraudulent Inquiries Appearing On Consumers’ Credit Reports Inquiry information is included on a credit report because it is part of a consumer’s credit history. Inquiries identify the persons and companies from whom the consumer sought credit and

What is an OFAC alert

What is an OFAC alert?

What is the SDN list? The Specially Designated Nationals (SDN) list is maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control. The list contains names of individuals and companies that are controlled by or acting on behalf of targeted countries. It also contains names of drug traffickers, arms dealers, and suspected terrorists.

What is the TCPA

What is the TCPA?

The Telephone Consumer Protection Act (TCPA), or 47 U.S.C. § 227, protects consumers from spam texts and robocalls by restricting how and when telemarketing can take place. The act specifically addresses auto-dialing, pre-recorded voice messages, and spam text messages to cell phones, faxes, and residential land lines. According to the TCPA, solicitors cannot: Send unsolicited advertising faxes. Make calls before 8 a.m.

What happens to your credit after marriage?

Are you getting married? Marriage is a big step for both your personal life and your finances. As you build a life together, it’s important to understand exactly how your credit score might change as a result of your new commitments. Marriage may not directly affect your score, but if you are applying for things like joint credit