CFPB: How to Get a Handle on Debt
By Courtney-Rose Dantus There are many steps both big and small to getting a handle on your debt. If you’re unsure where to turn for help or who to trust, you’re not alone. We estimate that about one in three people have been contacted by a creditor or collector seeking to collect a debt within…
CFPB: eClosing And Buying A Home: Technology’s Role In Closing On A Mortgage
By Noerena Limón Technology is transforming everything; it is changing the way we communicate, the way we access goods and services, and even the way we purchase homes. Soon, more and more consumers may increasingly find themselves being offered technology that allows them to access, sign, and submit mortgage closing documents online. We believe that…
CFPB: Not Sure How To Talk Money With Your Kids? Start By Playing To Your Strengths
You might have reasons that you haven’t yet started to talk about money with your children. It might feel awkward, boring, preachy, or difficult. You might not know where to start, or when it’s the right time. But you probably know it’s important to start. We have tips to help You can have conversations that…
CFPB: Seven Factors That Determine Your Mortgage Interest Rate
Your lender knows how your interest rate gets determined, and we think you should, too. Learn more about the factors that affect your interest rate. By Nicole Shea If you’re like most people, you want to get the lowest interest rate that you can find for your mortgage loan. But how is your interest rate determined? That…
CFPB: What To See Where You Stand Financially? Start With These 10 Questions
In 10 questions, the CFPB’s interactive Financial Well-Being questionnaire shows you a score that can help you assess your financial situation. By Janneke Ratcliffe When it comes to money, there are lots of numbers to tell you how you’re doing, like how much you have in the bank, your credit score, or the number…
CFPB: Understand Your Options | Tips for Student Loan Borrowers with Disabilities
Student loan borrowers with disabilities face unique challenges when repaying student loan debt. Borrowers with disabilities complain to the Bureau about servicing breakdowns and debt collection obstacles. These breakdowns can increase borrowers’ financial distress. Servicing breakdowns that lead to delinquency and default can be particularly devastating for borrowers with disabilities. This is because certain of…
CFPB: 10 Ways to Protect Yourself in the Wake of the Equifax Data Breach
Whether or not you are among the millions of people affected by the recent Equifax data breach, there are several steps you can take to respond when your personal information is exposed in a data breach. We outlined several identity theft tips for you last week. Since then, people have been asking many questions and…
CFPB: Service Members Should Secure Their Identity after the Equifax Data Breach
If you were one of the many servicemembers and their families affected by the recent Equifax data breach, it is time for you to secure your identity. Thankfully, active duty servicemembers have special tools at their disposal, like active duty alerts or a security freeze, to reduce the risk of identity theft. Here is a CFPB operation order for…
CFIB: Identity Theft Protection Following the Equifax Data Breach
By Kristin Dohn Millions of Americans have been impacted by the recent Equifax data breach. Whether or not your personal information has been stolen, there are steps you can take to protect yourself and your credit. What is identity theft, and what can you do? Sometimes criminals who steal data use it to engage in…
CFPB: Got a Check in the Mail from the CFPB? Here’s How to Tell if it’s Legit
If you have received a check from the CFPB, it is because we have taken an enforcement action against a person or company for violating a consumer financial protection law, and you are eligible for compensation as a result of this violation. This check may come in the mail directly from the CFPB or from…