Experts recommend annual review of your credit report, and not only to determine your financial wellness. An annual review also clues you in to any errors on your report, which happens more often than you might think. According to the Federal Trade Commission, you...
Consumer Protection
How do phony mortgage counselors try to scam you?
When you are in a situation where your bank might foreclose on your mortgage, you might feel desperate enough to listen to any company that claims they can get you out of your jam. Unfortunately, there are parties out there who want to scam you out of your money by...
Erroneous reports to credit bureaus
Credit card companies and mortgage lenders are among the many entities that may provide regular information regarding a consumer's financial matters to credit reporting agencies. Collection companies and other merchants may also provide information to these entities....
What causes errors on your credit report?
Your credit report is often vital when applying for a loan, renting an apartment or home and even gaining certain types of employment, but what happens when there are errors present? Forbes reports that more than 25% of Americans have mistakes listed on their credit...
Does Wisconsin have a Lemon Law?
If one has watched any amount of daytime court TV, they have likely heard of Lemon Laws. These are laws that protect consumers when they buy faulty cars, colloquially called, lemons. While watching these shows though, one may ask, do we have a Lemon Law? Wisconsin’s...
Do you have an incorrect credit report?
Many Milwaukee area residents keep a close eye on their credit report. Even if a person doesn’t pay attention, their credit rating is important when it comes to buying a house or car. When something unexpected occurs on their credit report it can cost a person their...
Things creditors cannot do in a repossession
We’ve all heard the repossession horror stories. We’ve all seen the movie scenes where a tow truck driver creeps up to an unsuspecting vehicle owner’s home in the wee hours of the morning only to ultimately set off a ruckus that wakes the whole neighborhood. Have you...
Disputing errors on your credit report
Credit reporting agencies (CRAs), such as credit bureaus (e.g. Equifax, Experian, TransUnion) are responsible for collecting consumer credit information and putting together a credit report with your credit score. This report is often resold to employers, landlords,...
Repossession basics in Wisconsin
Repossession is a process most consumers and car owners in Wisconsin want to avoid. For car owners who find themselves in this situation, it can be helpful for them to be familiar with consumer protections in their home state and what they can do about it if they are...
How can I protect myself against repossession?
Repossession and the threat of repossession can cause a significant amount of anxiety and concern for consumers. To help ease some of that anxiety, it may be helpful to understand what repossession is, how it works and what consumers facing the threat of repossession...
