The Consumer Financial Protection Bureau has released some information regarding mortgage closing scams. The gist is that hackers attempt to divert your closing costs and down payment into a fraudulent account by confirming or suggesting last-minute changes to your wiring instructions. These hacks are on the rise. Check out the CFPB video on this issue […]
Many consumers have come to us for help only to discover that—somewhere in the fine print of their contract—they gave away their right to sue a company to obtain justice. The recently introduced FAIR Act (The Forced Arbitration Injustice Repeal Act) would eliminate the ability for companies to use these arbitration provisions to shield their […]
Over at Fast Company, Steven Melendez wrote a story covering the recent push by the consumer reporting industry (Equifax, Experian, TransUnion, LexisNexis etc.) to use what is called “alternative” credit data.