What is a debt relief program and how do I know if I should use …
Aug 28, 2023 · Debt settlement companies typically encourage you to stop paying your credit card bills. If you stop paying your bills, you will usually incur late fees, penalty interest and other …
Credit card debt during coronavirus: Relief options and tips
May 19, 2020 · If you can’t pay your credit card bill because of the coronavirus pandemic, call your credit card company and ask about financial relief. We have tips on what to ask and what …
What is the difference between credit counseling and debt …
May 15, 2024 · Debt settlement companies, debt consolidation lenders, and credit repair companies are typically for-profit companies that promise to fix your credit and debts and …
What is credit counseling? - Consumer Financial Protection Bureau
Aug 2, 2023 · Credit counseling organizations can advise you on your money and debts, help you with a budget, work with creditors to help you resolve your debt via debt management plans, …
Consumer Financial Protection Bureau Takes Action to Help …
Jun 3, 2020 · The Consumer Financial Protection Bureau took action to help consumers receive relief during the pandemic more quickly from their credit card issuer.
Protecting your credit during the coronavirus pandemic
Here are some key questions to ask: If I can’t make my payment as a result of the coronavirus, what are the hardship or relief programs available? Are there fees associated with any of …
What do I need to know about consolidating my credit card debt?
Aug 28, 2023 · Get free support from a nonprofit credit counselor. Credit counseling organizations can advise you on how to manage your money and pay off your debts, so you can better avoid …
I’ve seen a lot of advertisements for companies that consolidate …
Jan 22, 2024 · Some credit card debt consolidation companies are legitimate, but using such services can be risky. If you are thinking about debt consolidation, you might want to first …
CFPB Takes Action on Bait-and-Switch Credit Card Rewards Tactics
Dec 18, 2024 · The circular released by the CFPB addresses practices in credit card rewards programs, which companies increasingly use to encourage consumers to apply for and use …
Consumer Financial Protection Circular 2024-07
Dec 18, 2024 · Again, the CFPB emphasizes that covered persons that offer, provide, or operate credit card rewards programs may commit an unfair or deceptive act or practice when the loss …