Student loan delinquencies trigger massive credit score drop for millions

Dips of 150+ points can derail major life events By Truman Lewis of ConsumerAffairs May 27,…

Default lines: How the FTC says Credit Karma and Fandango SSLighted security settings

Imagine a burly doorman at an exclusive party.  When someone claims to be a guest, the…

Hat trick? FTC charges violations in auto loan servicing, debt collection, credit reporting

Sometimes good things come in threes, like Musketeers, Bronte sisters, and Stooges.  (Shemp doesn’t count.)  But…

Student loan delinquencies surge, lowering credit scores for millions of borrowers

Credit scores can easily fall by more than 100 points By Dieter Holger of ConsumerAffairs May…

How missing student loan payments affects your credit score

More than 9 million borrowers are seeing their credit scores lowered By Dieter Holger of ConsumerAffairs…

Company to pay $22 million for offering “free” credit scores that turned out to be not so free

We’ve brought law enforcement actions – dozens of ‘em. We’ve held workshops, issued reports, and sent…

CROA case shows why piggybacking isn’t the answer for consumers shouldering bad credit

The practice is called piggybacking, but it’s not child’s play. It’s where a person with iffy…

The Fair Credit Reporting Act & social media: What businesses should know

You have some job openings at your company or maybe you’re thinking of promoting people to…

FTC challenges TeleCheck’s checkered compliance with the Fair Credit Reporting Act

Whooping it up can be fun, but hooping it up – requiring consumers to jump through…

Fraud alerts vs. credit freezes: FTC FAQs

UPDATE: As of September 21, 2018, the law says credit freezes are free for everyone, and…

Credit card processing “deals” may be scams

If you’re in a small business, you probably need a way for people to pay you…

FTC’s AppFolio case: The Fair Credit Reporting Act does more than just abide

Cult classic The Big Lebowski proves that mistaken identity can be entertaining on film. But for…

Where Americans benefit from ban on medical debt in credit reports

Republican voters are among the biggest beneficiaries By Dieter Holger of ConsumerAffairs April 10, 2025 Key…

FTC Action Leads to Court Order Halting Phantom Debt Collection Scheme That Took Millions from Consumers and Threatened Consumers’ Credit, Homes, and Employment

As a result of a Federal Trade Commission lawsuit, a federal court has temporarily halted the…

FTC Takes Action to Stop Sprawling ‘Growth Cave’ Business Opportunity and Credit Repair Scam

As a result of a Federal Trade Commission lawsuit, a federal court has temporarily halted the…

Stopping business opportunity and credit repair scams in their tracks: What to know about the FTC’s allegations against Growth Cave and Apex Mind

The FTC recently filed a case to stop what it describes as a fast-moving scam involving…