Credit Repair Attorney

The worldwide credit crunch affects consumers and lenders alike, but according to a recent article that appeared in Forbes, this emerging problem also affects credit reporting agencies.  The article reported on Experian’s numbers for the last quarter, and they took a significant downturn.  Experian is one of the world’s leading credit reporting agencies.“Confidence in the […]

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The issue surrounding the problems with mandatory arbitrations in regards to disputes with credit card companies appears to be growing progressively.  The most recent news in relation to this issue appeared in Forbes, which told the story of one man who was found to owe almost $10,000 to MBNA, despite the fact that he never […]

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All the news regarding the US sub-prime mortgage crisis and general credit crunch may lead American consumers to believe that this issue is somewhat limited to the United States.  That’s hardly the case, a point which was driven home recently by an article that appeared in Reuters UK, which told of the general fallout as […]

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J.D. Power and Associates, which is known for reporting on several consumer-related issues, has released the results of a study it performed that centered on customer satisfaction with different credit card companies.  According to CNN Money, American Express ranked at the top of the list.  “The inaugural study measures customer satisfaction with credit cards by […]

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The relationships between universities, especially public universities, and credit card companies can be extremely troubling for many reasons.  Apparently, the University of Iowa Board of Regents agrees with this notion, as they sent an inquiry to the school demanding an explanation of the relationship between the university and Bank of America.  According to the Press-Citizen, […]

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Sometimes the shortest articles carry the biggest messages.  That was definitely the case yesterday as a small item appeared on the BizJournals Web site that laid out some statistics regarding consumers and credit card debt.  The text of the article can be found below, and this should be considered a huge red flag for many.“Approximately […]

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Despite a lot of opposition to the forthcoming law that would allow consumers to freeze their credit reports, another of the ‘big three’ credit reporting bureaus has announced a program that would allow consumers to do just that.  The story appeared on the Washington Post, and it’s also becoming apparent that it won’t be long […]

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The practices of credit card companies remain a mystery to many until steps are taken that result in higher interest rates, defaults entered on credit ratings and binding arbitrations.  According to Reuters, American Express CEO Kenneth Chenault spoke to a group recently that tacitly backed Congress’ intention to look into such tactics as “universal default,” […]

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One of the ways in which credit card disputes have been resolved in recent years is by binding arbitration.  This mode of dispute resolution has been touted as a fast and fair way to resolve problems without the time and expense required to take a matter to court.  However, according to the results of a […]

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News of Citigroup’s third quarter numbers hit the informal news wire recently, and the details of that report serve as a wide-ranging indicator of the overall credit and financial status of the economy.  According to a story published on CNN Money, Citigroup saw its profits drop by a factor of 60%.“The results, which follow an […]

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