respond to these 4 student post
I feel the fair credit act does protect that current consumer in these economic times. I think that with al the computer systems that run these billing departments it is important to fix the mistakes that may happen on our bills. Having a personal financial plan can have an impact on one’s credit because having our income and monthly spending budget can alert us to how much we do have to spend monthly on another credit card bill, or electronic leasing etc., This plan will help us stay current on our bills and help keep us on track so we do not have items go into collections making a bad mark on our credit score. I am currently fighting a local community college and credit reporting agency because s home I have a bill for over $400.00 that I guess I was billed for an advisor signing me up for classes. I was unaware of the my enrollment status at the time our meeting with her, I told her I was unsure if I for sure wanted to enroll in those classes. I never heard back from her or the school so I enrolled at Kaplan instead. Now I am sending in letters from the school, the loan company and that years fasfa showing I did not enroll in these classes. It is a time consuming painful process but it will help my credit score in the end.
I think that the Fair Credit Act does protect current consumers in these evonomic times. The Fair Credit Act was designed to protect consumers. Although, it only applies to open end credits and revolve charge accounts, those are can be a major factor on ones credit score. If you made a payment on a credit card, but the payment wasn’t applied, a missed or late payment could be put on your credit report. That in turn would likely lower your credit score. Thanks to the Fair Credit Act, those issues can be disputed and fixed with a little patience. Having a personal financial plan can also help improve your credit score because it budgets your spending and payments. If you budget for the payment on your credit cards, you’ll likely not miss a payment. If you budget a set amount you can spend on a credit card, you are less likely to overspend on it as well. As many have, I fell into economic hardships a few years ago. As a result, some bills went unpaid and were sent to collections. Those in turn lowered my credit score, so I make monthly payments on them so they are not unpaid now and don’t have a negative effect on my credit score. Although I have paid a lot off, there are still a couple that have a little bit to go. Continuing to pay them is the only way to improve my score. I could have paid them all at once and possibly not had to pay as much, but, unfortunately, that was not an option for me.
Changes in government policy made American families more prosperous after World War II. First, the measure taken in combating the recession was the G.I. Bill, Servicemen’s Readjustment Act of 1944 to help the returning U.S. military personnel reenter the job market. The G.I. Bill provided federal assistance through home and students loans. Second, the Cold War, with this new form of war, Americans wanted to build solid and stable lives; some even made fallout shelters with food and other supplies as a way of preparing for nuclear warfare (DuBois & Dumenil, 2016).
After WWII, families were going back to more traditional gender roles. Prosperity touched many people, and as the median income began to climb, so did consumerism. The living standards increased, consumerism was geared towards women. Men were seen as the breadwinners, women were seen as the rulers of the household. (DuBois & Dumenil, 2016). Women became the target of the marketing media stream as families began to build up their home lives. Large items like refrigerators, furniture, and televisions were all marketed directly to women. This was just a phenomenon of prosperity. Years later, married women and even mothers increased their participation in the workforce. Women lost many skilled positions in heavy manufacturing at the end of World War II, but they found other fields opening up. The service sector jobs increased such as food service, personal care, and beauty salon work and became increasingly feminized. The changes in the labor market were crucial factors to understand the growth in women’s work outside.
After World War II the government made some policy changes that made American families more prosperous. People coming back from the war went up the career ladder thanks to the Servicemen Readjustment Act of 1944, or GI Bill, that provided government aid through house and student credit to them. Unions were successful in bargaining medical insurance, and wage adjustments when the cost of living went up in price (DuBois, 2015, p. 535). New housing developments and roads were being built(DuBois, 2015, p. 536).
The prosperity started to change family culture and gender roles by encouraging the women stay at home. Women were in charge of buying products for the home, such as televisions, cars, and appliances. Family size increased while divorce rates declined. Women were expected to have children at a younger age than before. Stable families with the woman in the home and the man working outside of the home were thought to give the United States the upper hand in war(DuBois, 2015, p. 536). Homosexuals were viewed as communists during the Cold War and were fired from government jobs, and some private businesses(DuBois, 2015, p. 538). Women showing sexuality outside of marriage was not allowed for women, and sex before marriage was not allowed for women(DuBois, 2015, p. 535). Families were viewed as the center for social order. After World War II the men were happy to send the women back into the house where she belonged. If children committed crime then the cause would be assumed that the mother was working. Men had the role of earning money while the women fulfilled the duties of moms and spouses. Maturity in women was determined by whether or not they accepted the role of being in the home. Families bought nuclear bunkers to protect them from potential nuclear annihilation during the Cold War(DuBois, 2015, p. 539).