Legislators Ponder New Credit Protection Laws
Lawmakers in Washington, DC are considering several credit-related consumer protections as outlined in the Fair and Accurate Credit Transactions Act of 2003 (HR 2622). If approved, consumers could benefit from the biggest changes to the rules of consumer credit in recent decades. More info: Center For Responsible Lending. One of the most important changes would be entitled to a free annual copy of your credit report, upon request, of the three major credit reporting agencies: Equifax,read more…