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One of the major credit score bureaus, Experian, is accused for misleading consumers with false advertisement and information.

Consumer Financial Protection Bureau that was created under the Dodd-Frank Act is now considering the non-bank industries which fall under its regulation.

Today President Barack Obama brandished his executive power and defied Republican opposition to name Richard Cordray as the first director of the new Consumer Financial Protection Bureau. Infuriated Republican leaders in Congress say the appointment could be deemed illegal by the courts.

(NAPSI)-Education pays. According to the U.S. Census Bureau, high school graduates average, in a working lifetime, $1.2 million; college gradu…

In fact, credit score has a strong impact on personal ability of staying out of debt and getting out of debt. Besides, the level of your credit score determines the interest rates you will be charged on the amount of money you borrow. Thus, if your credit score is bad, the interest will be higher, and if it's good, you will be able to repay your debt faster as it will cost less for you. Actually, it' really worthy to learn your credit score from major credit rating bureaus - Experian, TransUnion and Equifax - however, it's very important to know about the ways of its improvement.

According to the latest research, the level of delinquencies for credit cards is declining as well as the rate of credit card debt. TransUnion credit bureau reports that more people started to repay their debts and more credit cards were issued.

Credit card hotline caused another fight over Consumer Financial Protection Bureau. Banks and credit card issuers want to keep the complaint database private.

Consumer Financial Protection Bureau seeks to simplify the mortgage disclosure forms in order to make the information more understandable for consumers.

One of the major payday loan lenders praised the consumer advocate Elizabeth Warren considering her to be a good candidate for the CFPB head.

Military loans will be kept safe by the Office of Servicemember Affairs chaired by Holly Petraeus who has personal experience.