FACTA Law

FACTA Law

FACTA Law Identity theft is a real problem that many people, unfortunately, have to contend with. Millions of customers have their identity stolen each year. The problem is particularly prevalent in the United States. A fairly grim statistic claims that about 33% of...
What is the FDCPA and What Does It Do?

What is the FDCPA and What Does It Do?

What is the FDCPA and What Does It Do? In 1978, the Congress of the United States enacted the Fair Debt Collection Practices Act (or FDCPA) because of the abusive and deceptive manner that many debt collectors use to collect consumer debt. It is designed to protect...
Credit Report vs Credit Score

Credit Report vs Credit Score

Credit Report vs Credit Score 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...
Fair Credit Reporting Act (FCRA)

Fair Credit Reporting Act (FCRA)

Fair Credit Reporting Act (FCRA) The Fair Credit Reporting Act (or FCRA) is a federal law passed in 1970 and is one of two laws that are the foundation of consumer rights in the United States. It is enforced by the Federal Trade Commission, Consumer Financial...
What Is the FACTA Credit Law?

What Is the FACTA Credit Law?

What Is the FACTA Credit Law? Curious about the FACTA Credit Law and how it works? Today, we’re breaking this particular credit law down and revealing how it protects you. Understanding your rights in the credit world can save you money and headaches. Keep reading if...