The Consumer Financial Protection Bureau (CFPB) has updated the Fair Debt Collection Practices Act to include rules for contacting people via social media and other electronic means. These changes went into effect November 30, 2021. Summary of Updated Debt Collection Act Phone calls Under the new rule, debt collectors are allowed seven attempted calls, or […]
Tracking Your Spending
For many people tracking your spending is a new thing. It’s the beginning step to creating your spending plan. You need to know where your money has gone in order to make changes and get it going where you want it to go. There is no one best way to track your spending. The […]
Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a federal, refundable tax credit from the Internal Revenue Service (IRS) that helps boost the incomes of low-wage, working families. In 2013, more than 354,000 Colorado taxpayers received $772 million in federal EITC refunds. Taxpayers who qualify for the federal EITC also qualify for the state EITC. Colorado’s […]
