Resources:
1. Credit Card Act of 2009
http://en.wikipedia.org/wiki/Credit_CARD_Act_of_2009
…a law passed by the United States Congress to provide credit card reform to issuing creditors of open end credit accounts. One of the most noticeable changes to consumers is a requirement that creditors must print on their statements a schedule of debt repayment to include, principal and interest based on a debtor making only the minimum monthly payment required by the creditor.
2. Free Credit Report
http://www.annualcreditreport.com
Provides consumers with a free annual credit report mandated by the federal government and created by Equifax, Experian and TransUnion.
3. Credit Card Information
http://www.creditcards.com
Aside from monitoring the credit card market for the best rates available, creditcards.com also provides comprehensive in-depth reporting on topics such as, debt consolidation, debt settlement, consumer credit counseling, debt management and general debt advice. In addition, you can find simple to use debt calculators which are user friendly and easy to understand.
4. Experian
http://www.experian.com/
…is the largest of the three major credit bureaus. Experian provides services to consumers, small businesses and enterprise level operations. This resource allows consumers to retrieve their credit report, file credit disputes and sign up for important security alerts.
5. TransUnion
http://www.transunion.com/
…provide similar information found at the other credit bureau websites, along with detailed information on the Fair and Accurate Credit Transactions Act (FACT ACT)
6. Equifax
http://www.equifax.com/home/en_us
Headquartered in Atlanta, Georgia, Equifax is the 2nd largest credit bureau, in terms of number of people employed. Equifax also provides typical credit reporting services for both consumers and business.
7. Uniform Debt - Management Services Act
http://www.udmsa.org/
Issued in 2005. While only a few states have adopted the act in its original form, the act provide a good basis for what a consumer can and should expect when dealing with a consumer credit counseling agency as well as a debt management or debt settlement company.
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