The WJA BlogRecent Articles and Stories
Did you know you can place alerts on credit histories? Or that merchants must redact your account number on receipts? Find out all about the FACTA law here.
What are the Practical Applications of the Fair Debt Collection Practices Act? As this law is intended to guard natural persons from debt collectors, it allows you certain protections from any collection practices which could be considered harassment.
The simplified version is that your credit report represents your borrowing history and how you handled your credit accounts, while your credit score is the numerical value that is attached to it. The higher the score value, the better off you are.
FCRA was designed to improve the fairness and accuracy of the reports, and to protect your privacy. In short, it protects you from unfair practice by consumer credit reporting agencies.
Curious about the FACTA and how it works? Today, we’re breaking this particular credit law down and revealing how it protects you.
You got denied for a loan or credit card? Learn more about how lenders make their decisions and how you can get your buying power back.