NY Governor Hochul has signed four new laws, the interesting one from our perspective is that medical collections can no longer be report to a consumers credit report (Legislation S.4907A/A.6275A). There has been a lot of changes to how... Read More →
Update 5/15/23: Medical debt under $500 has now been removed from reports as of April 11, 2023. Hat tip to Point A Card The three main consumer credit reporting agencies (Experian, Equifax & TransUnion) have agreed to make changes... Read More →
American Express has launched a new feature called ‘Score Goals‘ as part of their MyCredit Guide suite of credit scoring products. This product is available to both American Express cardholders and those without an American... Read More →
Recently some consumers that have applied for Chase credit cards have noticed two hard pulls (on the same credit bureau) on their credit report. Occasionally Chase and other credit issuers will pull two different credit bureaus (in fact... Read More →
FICO has announced the new ‘FICO Resilience Index‘ which is a tool that aims to help lenders assess risk in changing economic times. FICO developed the FICO resilience index based on data from 70 million consumer credit... Read More →
