Visa Issues Security Alert

Visa’s payment fraud protection found two breaches in the U.S. at gas stations.The exact locations where the breaches took place are not specified. According to Visa, “the threat actors successfully compromised the merchant’s network through a phishing email that contained a malicious attachment”. Visa is now pushing for fuel dispenser merchants to upgrade their technology […]

Should debt collectors be excluded from the new robocall rules?

Long after consumers have cried out for the Federal Communications Commission to step up to the plate and do something about the harassing robocalls, FCC Chairman, Ajit Pai has proposed a ruling which would allow phone companies to block unwanted solicitation phone calls to customers. The proposal goes even a step further by allowing customers […]

How soon can a collection agency sue a debtor?

Collection agencies can be a bit ambitious when they collect a debt. Especially when they act faster than they should and rush a lawsuit against a debtor without allowing the 30 day right to request validation to run out. When a collection agency receives an account to collect, they are to mail a dunning notice, […]

Experian Boost – Is it worth the risk?

Experian and FICO have implemented new metrics for calculating consumer credit scores. The idea is to help consumers raise their score and increase their ability to take out loans on a more conventional means.  One of the new platforms Experian is rolling out is called “Experian Boost”. Boost allows consumers to report accounts such as […]