by Kevin Fallon McCarthy | Mar 22, 2018 | Credit Card Debt
A recent concern within the credit card industry is the growing number of “charge-offs” that are occurring at small banks. A charge-off is where a creditor declares that an amount of debt is not likely to be collected. This occurs when a consumer becomes delinquent on... 
by Kevin Fallon McCarthy | Feb 23, 2018 | Credit Card Debt, Credit Card Debt Lawsuits, Credit Card Lawsuit
The Consumer Financial Protection Bureau (“CFPB”) released its biennial report on the credit card market and compared its findings to those of the 2008 economic recession. With debt steadily rising each month, it is no surprise that the credit card market is beginning... 
by Kevin Fallon McCarthy | Jan 23, 2018 | Credit Card Debt, Credit Score
There is a belief out there that credit cards are bad. While it is true that having outstanding credit card debt is not a good thing since you’ll have to eliminate your credit card debt, it is also true that credit is extremely important to your financial... 
by Kevin Fallon McCarthy | Jun 20, 2017 | Credit Card Debt, Debt Relief, Household Debt, Money Tips
Creative Debt Solutions First and foremost, there is no one perfect way to get out of debt. Every person’s situation is different and needs to be approached with an honest and creative perspective. It is important to review your money coming in, money going out and... 
by Kevin Fallon McCarthy | Feb 24, 2017 | Credit Card Debt, Credit Report
If you’ve been keeping up with McCarthy Law, then you know we are your go to when it comes to protecting consumer credit rights under the Fair Credit Reporting Act (“FCRA”). The FCRA is a federal act that protects and covers all of your credit information. Credit... 
by Kevin Fallon McCarthy | Feb 21, 2017 | Credit Card Debt
Are you are struggling in making payments to your credit card debts? Then, credit card debt consolidation may be the answer to your problem. There are several ways by which you can consolidate debt. It is important for you to understand each option so that you will be... 
