Consumer Law

Credit Card Companies May Damage Your FICO Score By Lowering Credit Limits
The USA Today recently ran a story on how banks are cutting credit card limits which has the effect of increasing the percentage of credit used as compared to the total available credit and this lowers the FICO score...

New credit score formula on horizon
Your credit score helps lenders determine if you?re a good risk for a car loan, mortgage or credit card. Fair Isaac Corp., maker of the FICO score used by most banks and mortgage companies, is changing its formula in order to better predict the likelihood of a borrower defaulting ...

Live from New York...it Gary
My wife and I are on vacation in New York. She would kill me if she knew that I was doing any sort of work including posting anything to my blog. She is still sleeping, so now I can send this note to you...

What the FICO A Quick Look Inside Your Credit Score...
While most everyone knows they have a credit score that creditors use as the end-all and be-all of a consumer?s financial responsibility, I would bet just as many don?t know who ? and especially how ? their magical three number credit score is determined...

Short sales, foreclosures, & credit scores
The impact on your credit score is the same for a short sale, a deed in lieu, or a foreclosure, a Fair Isaacs representative told bankruptcy lawyers at this weekend’s seminar...

New Credit Score Formula for 2008
Credit scores are determined using formulas designed to predict how likely a consumer will pay his or her bills. Fair Isaac is the leader having created the FICO credit-scoring formula...

Bankruptcy Law
A complete prime (pre-2005)

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

Parody is a Protected Form of Speech
Targets of criticism seek to shut down Internet sites that poke fun

Collection Agencies and Creditors
How to deal and stop the harassment

Federal Adoption Tax Credit
Financial Incentive for Adoptive Parents

TransUnion
Class action credit practices suit offers free credit monitoring services for millions.

ValueClick
allegedly violated consumer protection laws by promising ‘free’ goods that where not actually free.

Virgin Atlantic Flight
Makes Emergency Landing

Swim N Score Dive Sticks
Recalled due to Potential for Impalement

Oppenheimer ATM-Free New York Municipals
401(k) / ERISA Stock Fraud

Wells Fargo Faces Potential Class Action Over Home Equity Credit Lines
Wells Fargo Faces Potential Class Action over Home Equity Credit Lines