Topic: Personal Credit Ratings

Lifelock Agrees to Pay $12 Million to Settle Federal, State Charges

Settlement bars company from misrepresenting its supposed identity-theft protection serviceLifeLock, Inc. has agreed to pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general to settle charges that the company used false claims to promote its identity theft protection services, which ...
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States may ban credit checks on job applicants

States consider barring employers from running credit checks on job applicantsIt's hard enough to find a job in this economy, and now some people are facing another hurdle: Potential employers are holding their credit histories against them. Sixty percent of employers recently surveyed by the Society for Human Resources ...
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Colorado Attorney General Sues Veracity Credit Consultants

Says company illegally charged upfront fees, made misleading claimsColorado Attorney General John Suthers has sued a “credit repair” company for charging upfront fees and failing to disclose the total cost of its services, thereby violating federal and state law. The suit, filed in Denver District Court, says that Veracity Credit ...
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Consumers: Know Your New Credit Card Rights

New regulations take effect today but consumer vigilance is essentialWith many once-commonplace unfair credit card practices becoming illegal as of today, it's important for consumers to be aware of their new rights. "The new law is a pretty big step forward for consumers in leveling the playing field against ...
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