Tag: Credit and Finance

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Suppose you meet someone who tells you about a great new product. She tells you it performs wonderfully and offers fantastic new features that nobody else has. Would that recommendation factor into your decision to buy the product? Probably.
Most companies keep sensitive personal information in their files—names, Social Security numbers, credit card, or other account data—that identifies customers or employees. This information often is necessary to fill orders, meet payroll, or perform other necessary business functions...
When managing your network, developing an app, or even organizing paper files, sound security is no accident. Companies that consider security from the start assess their options and make reasonable choices based on the nature of their business and the sensitivity of the information...
For savvy companies, keeping data secure is a day-to-day part of their business. They reduce the amount of sensitive information they collect in the first place, keep it secure if there’s a legitimate business need to maintain it, and dispose of it safely when they no longer need it....
Produced in cooperation with the Federal Reserve Bank of AtlantaIf you operate a business that accepts checks or online payments, you could be at risk for a new scam that may cost you time and money.Federal officials, consumer advocates, and businesses are hearing from people who have...
This guidance document also is available in Korean, Vietnamese, and Chinese.
Homeowners facing foreclosure are often desperate for a way to hold on to their homes. Some companies claim they can help fight off foreclosure by negotiating new mortgage terms with lenders or servicers. The Federal Trade Commission (FTC), the nation's consumer protection agency, has...
Many people who have trouble paying their mortgages seek legal assistance to save their homes or avoid foreclosure. Services consumers ask lawyers to perform run the gamut: representing clients who are in legal proceedings related to foreclosure; advising them on the legal and tax...
When people are struggling to pay their credit card bills, some turn to companies offering what are advertised as debt relief services.  The Federal Trade Commission (FTC), the nation’s consumer protection agency, amended the Telemarketing Sales Rule (TSR) to add specific provisions...
The Fair Debt Collection Practices Act spells out rights and responsibilities when collecting debts. Here's where you can find the complete text of the law.
Many Americans struggle to pay their credit card bills. Some turn to businesses offering “debt relief services” – for-profit companies that say they can renegotiate what consumers owe or get their interest rates reduced.
As a housing counselor, you may be seeing an increasing number of older clients considering a reverse mortgage as a way to stay in their homes and remain financially independent.
Introduction How the Credit Practices Rule Affects Consumer Contracts What the Rule Requires Who Must Comply What Transactions Are Covered How Penalities Are Assessed How Exemptions Are Granted How to Comply with the Rule
Many companies collect personal information from their customers, including names, addresses, and phone numbers; bank and credit card account numbers; income and credit histories; and Social Security numbers. The Gramm-Leach-Bliley (GLB) Act requires companies defined under the law as...
Whether you're planning to start your own business or expand the one you own, you may be in the market for credit. When you shop for a loan or line of credit, remember that the law protects you against discrimination. The Equal Credit Opportunity Act (ECOA) prohibits creditors from...