Free Consultation? Contact Us
What is Predatory Pricing? Predatory pricing means to sell the product at a very low price to harm competitors (companies that are selling competitive products). Predatory pricing generally means one competitor lowering the prices of the product at the very beginning...
What is the CAN-SPAM Act? Controlling the Assault of Non-Solicited Pornography and Marketing Act 2003 or commonly known as the CAN-SPAM Act sets forth the rules for the sending commercial e-mails. Violation of the provisions of these rules is punishable under the...
What is a Consumer Reporting Agency? Consumers reporting agencies are organizations that produce credit reports. A credit report shows your payment behavior and places you have worked. The reporting agencies then sell this information to creditors, insurers and...
What is a Credit Reporting Agency? Credit reporting/rating agencies are independent bodies that analyze the credit quality of public and private issuers. With so many debt issuers, these agencies were created with the aim of issuing ratings on the risk of securities...
What is a Credit Bureau? Credit Bureaus, also known credit rating agencies (CRAs), refer to agencies that collect, organize, and disseminate credit information on individuals and to potential and existing creditors. What does a Credit Bureau Do? In the United States,...
What is the Consumer Financial Protection Bureau? The Consumer Financial Protection Bureau is a government agency that is tasked with the job of protecting Americans when they make deals with services such as mortgage, credit cards among others. The objective is to...