by Brightside Credit | Apr 13, 2020 | Blog
Updated with new information for seniors, retirees on April 1, 2020. Also see Treasury news release. CHECK IRS.GOV FOR THE LATEST INFORMATION: NO ACTION NEEDED BY MOST PEOPLE AT THIS TIME IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal...
by Brightside Credit | Mar 30, 2020 | Blog
STIMULUS BILL TO DELAY FEDERAL STUDENT LOAN PAYMENTS FOR 6 MONTHS—HERE’S WHAT THAT COULD MEAN FOR YOUR CREDIT SCORE PRESIDENT DONALD TRUMP SIGNED A $2 TRILLION STIMULUS PACKAGE TO EASE THE ECONOMIC IMPACT OF THE CORONAVIRUS PANDEMIC. CNBC SELECT EXPLAINS HOW THE...
by Brightside Credit | Jul 24, 2019 | Blog
The punishment includes payments to affected consumers, fines to peeved regulators and a host of required changes to the credit-reporting agency’s business practices, government officials said Monday, as they faulted Equifax for putting more than half of all U.S....
by Brightside Credit | Jul 4, 2019 | Blog
Here’s potentially good news for consumers: The nation’s three largest credit-reporting agencies will soon exclude tax liens and some civil debts from their reports.The change by Equifax, Experian and TransUnion will take effect July 1, as part of a plan...
by Brightside Credit | Apr 3, 2017 | Blog
Recent cases against credit reporting agencies have likely confused consumers All three major credit reporting bureaus were fined this year. Despite the recent cases against credit reporting agencies, maintaining a healthy credit score is not that complicated. In...
by Brightside Credit | Aug 1, 2014 | Blog
Positive or neutral information can stay on your credit reports indefinitely Experian, for example, no longer reports accounts that are more than ten years old if the account is closed and there is no activity on it. Accounts such as credit cards and mortgages can...