The Federal Consumer Financial Protection Bureau Director Rohi Chopra has filed a lawsuit against credit reporting agency TransUnion, two of its subsidiaries, and former executive John Danaher, accusing them of continuing to trick consumers into making ongoing payments after the company was previously fined for similar activity in 2017. The 2017 settlement required TransUnion to
The three main credit reporting agencies (CRAs), Equifax, Experian, and TransUnion, recently announced that this summer, they will remove certain types of medical debts from Americans’ credit reports and change how they report these debts. Medical debt is a major concern for many Americans. The Consumer Financial Protection Bureau (CFPB) estimates that more than $88
Every year, millions of Americans are conned out of their hard-earned money by deceptive, unscrupulous individuals who make false claims to consumers and cheat them out of a significant amount of money. Too often, innocent, hard-working individuals are exploited during an interaction with an individual or a business representative who convinces them that they are
When you are the victim of identity theft, it can have an adverse impact on your entire life and in particular your finances. It can cause you to incur significant debt that you never accumulated or prevent you from renting an apartment or qualifying for a loan because of discrepancies on your credit report. It
Delaware County Sheriff Jerry L. Sanders, Jr. issued a warning to county residents of a new wave of scam phone calls that appears to be from county law enforcement because of spoofed phone numbers. The callers are seeking payment for supposed fines and warrants for arrest. Most people know the term spoof to mean a
After months of incredible scientific research and work with governing authorities, Americans are finally getting vaccines to reduce the spread of the Coronavirus (COVID-19). Although distribution is happening nationwide, millions are still anxiously waiting to get their first doses and get lives back to a semblance of normal. Unfortunately, there are bad actors attempting to
Facebook rolled out new safety measures for their Messenger Tuesday, giving more consumer privacy and autonomy over who they choose to communicate with on the popular app. The social media company has added safety warnings to help users avoid interacting with scam artists or potential threats to children. There are new features to provide more
PayPal, a global payment website, has recently been under fire for not reimbursing their customers who have been victims of fraud. PayPal is known as a safe and secure website where customers can pay online when buying from marketplaces such as eBay or Etsy. Although PayPal holds a banking license, this does not mean that
Francis Mailman Soumilas, P.C., filed a class action lawsuit on October 2 in California federal court against the University of San Diego over the school’s failure to reimburse tuition payments made by its students and others once the school announced on March 12 that it was cancelling in-person classes and shifting to online-only classes due
Black Friday is a highly anticipated day of the year for shoppers due to the many great deals and new product releases during these 24 hours. This year, a lot of Black Friday shopping will be done online to protect shoppers and workers from spreading COVID-19 and to help limit the amount of people who