Consumer advisory: You’ve got options when it comes to overdraft

Today, we’re announcing an enforcement action against Alabama-based Regions Bank for charging overdraft fees to consumers who had not opted-in for overdraft coverage. We’re requiring Regions Bank to fully refund all affected consumers – hundreds of thousands of consumers have already been refunded $ 49 million in fees. We’re also fining the company $ 7.5 [...]

By | 2017-05-20T11:45:03+00:00 April 30th, 2015|FCRA|Comments Off on Consumer advisory: You’ve got options when it comes to overdraft

Consumers are Overly Confident about Finances: Survey

Ninety-two percent of Americans are "very or somewhat confident" in their most recent big financial decision - such as picking a credit card, buying a car or refinancing a mortgage, according to a survey by the National Foundation for Credit Counseling and NerdWallet. Collection & Credit Risk

By | 2015-04-28T16:42:04+00:00 April 28th, 2015|FCRA|Comments Off on Consumers are Overly Confident about Finances: Survey

Consumer Delinquencies Remain Near Record Lows

Bank card and closed-end loan delinquencies rose in last year’s fourth quarter but were still near record lows, according to the American Bankers Association’s Consumer Credit Delinquency Bulletin. Collection & Credit Risk

By | 2015-04-26T15:59:25+00:00 April 26th, 2015|FCRA|Comments Off on Consumer Delinquencies Remain Near Record Lows

Save the date: Join us for an Academic Research Council meeting in Washington, D.C.

Join us for the Academic Research Council’s annual meeting on Thursday, May 7 from 9:00 a.m. to 12:00 p.m. EDT. During this meeting, we’ll discuss trends in consumer finance research, the activities of consumer financial protection agencies in other countries, and recent publications produced by CFPB’s Office of Research. Director Cordray will also provide remarks. [...]

By | 2017-05-20T11:45:08+00:00 April 24th, 2015|FCRA|Comments Off on Save the date: Join us for an Academic Research Council meeting in Washington, D.C.

New Credit Score Developed for the Underbanked

Fair Isaac is developing a credit score aimed at the millions of people who are unable to obtain credit cards, auto loans and mortgages because lenders consider them to be too risky. Collection & Credit Risk

By | 2015-04-02T07:10:36+00:00 April 2nd, 2015|FCRA|Comments Off on New Credit Score Developed for the Underbanked

Court Shuts Down Credit Repair Scam That Impersonates FTC

A federal court has halted the operations of a company that calls itself "FTC Credit Solutions." The company allegedly used false affiliation with the FTC to market bogus credit repair services to Spanish-speaking consumers. Collection & Credit Risk

By | 2017-05-20T11:45:09+00:00 March 29th, 2015|FCRA|Comments Off on Court Shuts Down Credit Repair Scam That Impersonates FTC

Schedule Appointment

Farmers Branch (Principal Office)

2704 Valley View Lane
Dallas TX 75234

Phone: (214) 556-2300

Fax: (214) 556-2299

Web: Consumer Credit Attorney