The Fair Credit Billing Act: What You Need to Know

  By: Robert J. Nahoum The Fair Credit Billing Act (FCBA) is a federal law that protects consumers from unfair billing practices. The FCBA applies to open-end credit accounts, such as credit cards, charge cards, and home equity lines of credit. The FCBA covers a wide range of billing errors, including: Charges that you didn’t make Charges for goods or […]

Consumer Financial Projection Bureau Issues Report of Debt Collection

By: Robert J. Nahoum Federal debt collection watch dog the Consumer Financial Protection Bureau (called the CFPB for short) has issued a its findings on a survey conducted of consumer experiences with debt collection.  According to the CFPB, “the survey results substantially expand the understanding of debt collection in the United States by providing the first comprehensive and nationally representative […]

What is Arbitration?

By: Robert J. Nahoum As technology has advanced our lives have undoubtedly been made easier.  There is no shortage of companies lining up to provide us with one sort of a service or another.  Some we pay for like our cell phones, cable, internet and Netflix while others are free like Facebook, twitter and Youtube.  One thing these companies all […]

What is The Credit Repair Organizations Act?

By: Robert J. Nahoum THE PROBLEM: For many, your credit score has a powerful influence on your life.  Your score influences how much your home and your car will cost and whether you will be approved for insurance, an apartment and even a job.  With stakes this high, a lot of attention is paid to improving people’s scores.  Everywhere you […]