financial-news

Prehired Exposed: How Student Loan Borrowers Were Misled

“Prehired will void all outstanding income share agreements, refund harmed borrowers, and permanently cease operations” In a recent announcement, the Consumer Financial Protection Bureau (CFPB) and 11 states have taken action against Prehired, a company that promised job placement to students but ended up causing harm to borrowers. Here’s what you need to know: False …

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An Overview of the CFPB & State Initiatives to Stop Wrongful Medical Bill Collections

Why this will interest you This is crucial because many consumers have suffered due to incorrect and unverifiable medical bills on their credit profiles. We should should ensure they aren’t unfairly burdened with debts they don’t rightfully owe. At Credilife┬«, this is the kind of work we specialize in. After conducing a comprehensive evaluation of …

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Reducing the Impact of Medical Debt on Credit and the Importance of Good Health in Your Financial Journey

Introduction: For those of you who’ve faced expensive medical challenges, the recent actions taken by the Consumer Financial Protection Bureau (CFPB) are a step further in reducing the impact of medical debt on your creditworthiness. The CFPB is making significant changes to level the playing field for individuals dealing with medical bills. For some time …

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