Equal Credit Opportunity Act (ECOA)
The Equal Credit Opportunity Act (ECOA) ensures that all consumers are given an equal chance to obtain credit. This doesn't mean all consumers who apply for credit get it. Factors such as income, expenses, debt, and credit history are considerations for creditworthiness. more

Fair Credit Billing Act (FCBA)
The Fair Credit Billing Act (FCBA) establishes procedures for resolving mistakes on credit billing and account statements. It is imperative to check these account statements frequently. These documents might have errors that could damage your credit. If you find an error or discrepancy, inform the company and dispute the error immediately. more

Fair Credit Reporting Act (FCRA)
The Federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, including credit bureaus and specialty agencies (such as agencies that sell information about check writing histories, medical records, and rental history records). more

Fair Debt Collection Practices Act (FDCPA)
The Fair Debt Collection Practice Act (FDCPA) applies to personal, family, and household debts. This includes money owed for the purchase of a car, for medical care, or for charge accounts. The FDCPA prohibits debt collectors from engaging in unfair, deceptive, or abusive practices while collecting these debts. more

Minimize Your Risk of Identity Theft
The Federal Trade Commission reported that identity theft was the top consumer complaint for 2009. OVerall, of the 1.3 million complaints the agency received last year, 21 percent were for identity theft. Credit card fraud was the top complaint when it comes to identity theft, followed by fraud related to government benefits, utilities, phones and loans. more

Understanding The Credit Card Accountability, Responsibility and Disclosure Act of 2009 Or Credit Card Act Of 2009
The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 was signed by President Barack Obama on May 22, 2009. The emphasis of this legislation is on clearer communication to consumers, simpler billing and payment practices, and more consistency regarding rate increases. more

Who to Contact if You Are a Victim of Identity Theft
Identity theft can happen very easily. Every day you make transactions that contain bits of your personal information. The slip you sign at the grocery store may contain your credit card number. more

Dodd-Frank Wall Street Reform and Consumer Protection Act
On July 21st, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, which has been described as the biggest financial reform since the great depression. more

New Form Of Identity Theft Targets Kids Social Security Numbers
Parents should be aware that the latest form of identity theft is targeting your kids' social security number before they even have a bank account. As millions of Americans are facing credit scores below 600 a market has developed for new credit clear Social Security numbers. more

Debt Tagging By Collection Agencies Is A Growing Problem
Debt Tagging occurs when collectors target the wrong person for a debt. There has been a spike in cases that involve debt tagging over the past few months according to the Identity Theft 911 Fraud Resolution Center. more