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CareOne Says That They Have Been in Your Shoes. Really?Founder of CareOne talks about how his experience with debt changed his personal and professional life forever.
CFPB Urged to Apply Existing Debt Relief Rules to All ProvidersCareOne Services Inc. has formally asked the Consumer Financial Protection Bureau (CFPB) to broaden existing federal rules for debt relief providers to cover all companies, regardless of their tax status. The recommendation was part of CareOne’s formal comments submitted to the CFPB on August 15 as the bureau seeks input on defining nondepository “larger participants” for purposes of compliance with federal consumer protection laws for the debt relief industry. Families Should Evaluate Their Personal “Debt Ceilings”Many people don’t realize they have borrowed too much money until it is too late. For example, they might have an unexpected expense or loss of income and quickly find that they are unable to remain current on all of their bills. CareOne President Mike Croxson said having a budget and a realistic understanding of their debt can help families avoid financial emergencies. |
In the News With Debt InsightsCareOne Mentions Article written by Suzanne Cramer February 2, 2012-Enemy of Debt Surprise Your Credit report Stinks “Credit reports are a funny thing that even the most seasoned of financial experts have trouble understanding. With all of the “myths” and “misconceptions” about credit scores swirling around it can be difficult to decipher myth from the |
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