Archive for Credit Score

Handling Medical Debts and Credit Report Disputes to Become Easier on Consumers

Disputing errors on your credit report may become easier over the next several months. As a result of changes, the credit bureau reporting agencies will be making changes to how they handle the error dispute process and the way that they report medical debts on your credit report.     Here are the biggest changes:

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CFPB Visits Oklahoma City to Make Announcement on Reporting Medical Debt

CCCS of Central Oklahoma was honored to be among only a handful of organizations invited to a Community Roundtable event with Consumer Financial Protection Bureau (CFPB) Director, Richard Cordray. During the roundtable held in the Meinder’s School of Business at Oklahoma City University, consumer advocacy and service organizations were able to voice concerns to the

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Credit Cards Can be Friend or Foe to College Students

NFCC Offers Tips for Those Entering World of Credit  Washington, DC – While parent’s mail boxes are filling with credit card bills from summer vacations and back-to-school shopping, their college-aged child is likely receiving offers for credit cards of their own. Due to the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD Act),

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Two-thirds of Engaged Couples Express Negative Attitudes Toward Discussing Money

  Washington, DC – The recent poll hosted on the National Foundation for Credit Counseling (NFCC) website revealed that 68 percent of respondents held negative attitudes toward discussing money with their fiancé, with five percent indicating the discussion would cause them to call off the wedding. “It is telling that two people who intend to

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Check Your Credit Report Now: It Could Save You Money, and More!

 The Federal Trade Commission (FTC) recently reviewed 1,000 consumer credit reports, finding 25% contained at least one error that could negatively impact your credit score. The report says if you dispute those errors, then you have a one in ten chance of increasing your FICO score. 5% of those who successfully disputed inaccurate information saw

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