Credit Reporting Basics

Credit Reporting Basics

Credit Reporting Basics There is a basic common law principle that anyone can tell a story about anyone else as long as it is a truthful story.  When the story begins to skew away from truthful (which is obviously a debated issue) then that’s when common law...

Credit Industry Background

Credit Industry Background In the US, the cost of credit was largely unregulated until the 1960’s when Congress passed the Consumer Credit Protection Act (CCPA) which contained the Truth-in-Lending Act (TILA).  CCPA has since grown over the past 50 years to include...