Your Money Adviser: Debt Collectors to Pay Million in Consumer Refunds and Amend Their Practices
The Consumer Financial Protection Bureau also ordered the Encore Capital Group and Portfolio Recovery Associates to pay penalites and stop collections on some debt..
Your Money Adviser: Credit Scores Are Rising, and Becoming More Visible
Wider access to free credit scores could be a factor in pushing the national average FICO score to its highest level in at least 10 years.
Your Money Adviser: Factors Unrelated to Driving Can Affect Car Insurance
Many insurers also use a variety of other data, like marital status, as well as a version of credit score, to set rates.
Your Money Adviser: Using Technology to Close a Mortgage, and Relieve Stress
Some lenders are automating the mortgage process with e-closings, and the Consumer Financial Protection Bureau says that could make things simpler for borrowers.
