Washington, DC—U.S. Senators Lisa Murkowski (R-AK) and Chris Coons (D-DE) introduced the Ending Scam Credit Repair Act (ESCRA) today to crack down on fraudulent credit repair organizations that exploit consumers with high fees, false promises, and deceptive practices. Credit repair organizations (CROs) often claim they can improve a consumer’s credit score by disputing negative […]
A new analysis shows that over 40% of all US adults are unable to fully pay off their credit cards each month, leaving them trapped in “cycles of persistent debt.” President Donald Trump promised repeatedly during his 2024 campaign to temporarily cap credit card interest rates at 10%, but—in the face of Wall Street opposition—he has done nothing concrete […]
by James Brooks, Alaska Beacon November 5, 2025 Every morning, Alaska’s court system publishes an updated list of new civil lawsuits filed across the state during the past week. And every morning, that list is dominated by debt collection cases, newly filed by credit card companies, debt collection firms or businesses seeking repayment. On Tuesday, […]
Proposals to lower housing, childcare, and healthcare costs for millions of families are “a welcome step in the right direction,” said one advocate. After announcing earlier this week that U.S. Vice President Kamala Harris plans to take on corporate price gouging with the first-ever federal ban in the food and grocery industries, the Democratic presidential nominee’s campaign on Friday […]