Consumer Reference Done for You provided by Bravenet.com

Consumer Reference Done for You

Internet Consumer Reference Guide

Your Consumer Reference Guide

Navigation

Consumer Reference Information is a simple site where real people can give their opinions of products and services that they have used online. Also a place for companies to refute or promote their business practices.

With the economic crisis that is ongoing, there are many people out there with short and long term money troubles. ConsumerReference.Info, is here to cover areas that will have an effect on most consumers.

Bankruptcy - Credit Scores - Short Term Loans

We invite anyone to come to our blogs and talk about their own personal experiences in dealing with anyone of our topics.

This site was created for people to help other people.

BANKRUPTCY: Iif you have gone through a Bankruptcy, we would love to hear what you learned.

SHORT TERM LOANS: Have you used a payday loan service. How did that work out. What are your recommendations.

CREDIT SCORE: Have you found a way to rebuild your credit score? Share your pointers.

We will be adding other financial issues.

Soon to come are: Banks & Credit Unions, Identity Theft & Taxes

Consumer Reference has blogs out where visitors can share their experiences:

BlogSpot Topics: Payday Loans - Credit Checks - Bankruptcies
BlogStream Topics: Bankruptcies - Payday Loans - Credit Checks
WordPress Topics: Credit Checks - Bankruptcies - Payday Loans

Stop by one and share your experiences. You may also learn something.

Pay Day Loan Companies Evaluations

Bankruptcy Protection for Yourself

Your Right To A Credit Check

Payday lenders offer sub-prime loans that are short-term and carry a higher interest rate (APR or annual percentage rate) than long-term loans. This interest rate is also called the finance charge and is added to the amount of the loan at a fixed dollar fee. The company must disclose this fee to you, the borrower, up front.

Payday lenders advertise "unsecured" loans, meaning they need no collateral. They also call their loans "payday loans" or "cash advances." With a payday loan, the borrower pays back his debt when he or she gets the next paycheck. Some lenders debit the borrower's account automatically on the payday.

In recent years payday lenders have become more numerous, because of the difficult economic times we live in. Payday lenders have extended risk selection standards; the person borrowing the money is not as thoroughly investigated by the payday lender as are applicants for a longer- term loan.

On April 20, 2005, President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ("BAPCPA"). BAPCPA made substantial changes to the Bankruptcy Code. And the Bankruptcy Judges Division has made significant revisions to Bankruptcy Basics to account for BAPCPA's changes to the Code. Because most of the changes BAPCPA made to the Bankruptcy Code only apply to cases filed on or after October 17, 2005, the Bankruptcy Judges Division anticipates that there will continue to be a demand for the version of Bankruptcy Basics that describes the pre-BAPCPA bankruptcy process. Links to both versions of Bankruptcy Basics can be found at the U.S. Court's website

"Bankruptcy Basics," a publication produced by the Bankruptcy Judges Division, is designed: to provide the public with basic information on different aspects of the federal bankruptcy laws, to provide individuals considering bankruptcy with a basic explanation of the different chapters under which a bankruptcy case may be filed, and to answer some of the most commonly asked questions about the bankruptcy process.

Get the latest information from: www.USCourts.Gov using the links below.

Process
The Discharge in Bankruptcy
Chapter 7. Liquidation Under the Bankruptcy Code
Chapter 13. Individual Debt Adjustment
Chapter 11. Reorganization Under the Bankruptcy Code
Chapter 12. Family Farmer Bankruptcy or Family Fisherman Bankruptcy
Chapter 9. Municipality Bankruptcy
Chapter 15. Ancillary and Other Cross-Border Cases
SCRA. Servicemembers' Civil Relief Act
SIPA. Securities Investor Protection Act
Glossary - Terms You Need to Know

Your Access to Free Credit Reports

The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months. The FCRA promotes the accuracy and privacy of information in the files of the nation’s consumer reporting companies. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the FCRA with respect to consumer reporting companies.

A credit report includes information on where you live, how you pay your bills, and whether you’ve been sued or arrested, or have filed for bankruptcy. Nationwide consumer reporting companies sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your applications for credit, insurance, employment, or renting a home.

Here are the details about your rights under the FCRA and the Fair and Accurate Credit Transactions (FACT) Act, which established the free annual credit report program.

Q: How do I order my free report?

A: The three nationwide consumer reporting companies have set up a central website, a toll-free telephone number, and a mailing address through which you can order your free annual report.

To order, visit annualcreditreport.com, call 1-877-322-8228, or complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. The form is on the back of this brochure; or you can print it from ftc.gov/credit. Do not contact the three nationwide consumer reporting companies individually. They are providing free annual credit reports only through annualcreditreport.com, 1-877-322-8228, and Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.

You may order your reports from each of the three nationwide consumer reporting companies at the same time, or you can order your report from each of the companies one at a time. The law allows you to order one free copy of your report from each of the nationwide consumer reporting companies every 12 months.