Financial and Consumer Issues

DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS OFFICE OF CONSUMER PROTECTION  DAVID Y. IGE GOVERNOR CATHERINE P. AWAKUNI COLÓN DIRECTOR STEPHEN H. LEVINS EXECUTIVE DIRECTOR, OFFICE OF CONSUMER PROTECTION   FOR IMMEDIATE RELEASE January 31, 2017 OFFICE OF CONSUMER PROTECTION ANNOUNCES SETTLEMENT WITH WESTERN UNION The State of Hawaii Office of Consumer Protection today announced a ...
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1/15/13 ...
Read More The Division of Financial Institutions ensures the safety and soundness of state-chartered and state-licensed financial institutions, and ensures regulatory compliance by financial institutions, escrow depositories, money transmitters, mortgage servicers, mortgage loan originators and mortgage loan originator companies required to be licensed, by fairly administering applicable statutes and rules, in order to protect the ...
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Loans

Posted on Apr 2, 2013 in Financial and Consumer Issues, OCP

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Read More Most financial institutions will approve or deny loan applications on the basis of information they receive from national and local credit reporting agencies. These CRA’s, as they are commonly known, gather and sell data that show how consistently you’ve paid your bills, whether you have any judgements against you, and whether you’ve filed for ...
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Credit Cards

Posted on Apr 2, 2013 in Financial and Consumer Issues, OCP

3/15/13 ...
Read More Before applying for a credit card or accepting an offer of one, learn what credit terms and conditions apply. A credit card usually involves a charge for the convenience of borrowing, plus other costs. Consider the following when you shop for a credit card. The ANNUAL PERCENTAGE RATE is expressed as a yearly ...
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Credit Tips

Posted on Apr 2, 2013 in Financial and Consumer Issues, OCP

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Read More When borrowing money or applying for credit, it’s important to comparison shop first by getting full information on the credit and lease terms of different lenders. The Truth In Lending Act prohibits “bait and switch” tactics in advertising consumer credit and leases. No advertisement may state that a specific amount of credit or a ...
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1/15/13 ...
Read More Vacations should be relaxing. Worrying about tickets, time and money isn’t. No matter where you’re headed to, it’s a good idea to plan ahead. Like knowing exactly where you want to go, what you want to do once you get there, and, maybe most importantly, how much you want to spend. Late changes ...
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1/15/13 ...
Read More Protecting yourself from rain, wind and severe weather is an absolute must. The first step to making sure you get a good roof over your head is to hire a licensed contractor. Licensed roofing contractors have the experience and training to get the job done right. Licensed contractors carry liability insurance in case ...
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Read More When it comes to building and repairs, you should always consider hiring a licensed professional to do the work. Licensed contractors, electricians and plumbers have the experience and training to get the job done. Licensed contractors are required to carry liability insurance in case anything happens on a jobsite, and are responsible for any ...
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6/18/12 ...
Read More Here’s what to do if your identity is stolen: Contact the fraud departments of any one of the three major credit bureaus to place a fraud alert on your credit file.The fraud alert requests creditors to contact you before opening any new accounts or making any changes to your existing accounts.As soon as ...
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Read More Identity theft occurs when someone uses your personal information such as your name, Social Security number, credit card number or other identifying information, without your permission, to commit fraud or other crimes. Here are ten ways to protect yourself from identity theft. Guard your personal information such as Social Security Card, Birth Certificate, Passport, ...
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