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Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label US Govt Consumer Financial Protection Bureau. Show all posts
Showing posts with label US Govt Consumer Financial Protection Bureau. Show all posts

Sunday, July 20, 2014

Prevent Medical Bills From Spoiling Credit | Bankrate.com

Prevent Medical Bills From Spoiling Credit | Bankrate.com:

http://www.bankrate.com/finance/credit/prevent-medical-bills-from-spoiling-credit.aspx?ec_id=cmct_01_comm_PF_mainlink

"Prevent medical bills from spoiling credit
By Liz Weston • Bankrate.com

Medical bills that wind up in collections hurt your credit scores more than they should.

That was the conclusion the Consumer Financial Protection Bureau reached after studying 5 million credit reports. The federal regulator tracked how well credit scores predicted people's future creditworthiness after medical bills showed up on their reports.

 The answer: Not that well. The CFPB says people with medical collections generally paid their other obligations on par with those whose credit scores were 10 points higher. And those who paid off their medical collections should have received scores 16 to 22 points higher on average."

http://www.bankrate.com/finance/credit/prevent-medical-bills-from-spoiling-credit.aspx?ec_id=cmct_01_comm_PF_mainlink

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Read more: 
http://www.bankrate.com/finance/credit/prevent-medical-bills-from-spoiling-credit.aspx?ec_id=cmct_01_comm_PF_mainlink

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Thursday, July 19, 2012

40 Years In The Desert: CFPB Draws First Blood (From a Vampire Squid)


They just fined Capital One $210 million for misleading consumers on credit protection and protection monitoring programs:
Capital One Financial agreed to pay $210 million to resolve charges by banking regulators that its call-center representatives misled consumers into paying for extra credit card products.
http://www.reuters.com/article/2012/07/18/us-capitalone-cfpb-idUSBRE86H0SJ20120718 
 40 Years In The Desert: CFPB Draws First Blood (From a Vampire Squid)
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Wednesday, January 04, 2012

Washington Post: Obama to use a recess appointment to name Cordray as nation’s top consumer watchdog


The Washington PostWednesday, January 4, 2012 10:09:15 AM
POLITICS NEWS ALERT

Obama to use a recess appointment to name Cordray as nation’s top consumer watchdog  

http://www.washingtonpost.com/blogs/44/post/obama-to-use-executive-power-to-name-consumer-watchdog-chief-over-gop-objections/2012/01/04/gIQAVtFXaP_blog.html

The Obama administration will appoint Richard Cordray as head of the Consumer Financial Protection Bureau, using a rare recess appointment to get around the Senate's rejection of the nomination last month, sources said. The president will announce the move on Wednesday at an appearance in Cleveland, but it could spark a legal challenge from the Senate.

Read more at:
http://www.washingtonpost.com/

Or visit PostPolitics.com.



http://www.washingtonpost.com/blogs/44/post/obama-to-use-executive-power-to-name-consumer-watchdog-chief-over-gop-objections/2012/01/04/gIQAVtFXaP_blog.html

Bus Econ anti-business, Bus Econ Consumer Financial Protection Bureau, US Govt Fiscal Discipline Bus Econ Obamanomics, Bus Econ Obamanomics, Pres 2009 44 Obama-Barack, Business Economics, Business Economics qv Bus Econ, This is nuts,

Bus Econ anti-business, Bus Econ Consumer Financial Protection Bureau, Bus Econ Obamanomics, Business Economics, Business Economics qv Bus Econ, Pres 2009 44 Obama-Barack, US Govt, US Govt Consumer Financial Protection Bureau, US Govt recess appointments
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