01 May 2015

Consumer Credit Laws By Tiffany Sorensen Over the decades, the U.S. government has passed various laws aimed at protecting credit consumers. These laws cover procedures such as credit reporting, debt collection practices, credit billing, and more. Below are summaries of some of the main consumer credit laws. The Fair Credit Reporting Act (1970) Under the […]

01 Mar 2015

Credit Bureaus in the United States By Tiffany Sorensen There are multiple credit bureaus in the United States. Credit bureaus are also known as consumer reporting agencies, or CRAs. The three major American credit bureaus are Equifax, Experian, and TransUnion. What They Do Credit bureaus collect information about consumers that is then used to calculate […]