Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.
WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...
When debts go to collections, the balance can suddenly grow. Here's why that happens and what you should do next.
In response to the Federal Communications Commission’s (FCC) request for input on unnecessary compliance burdens, the debt collection industry, led by ACA International, is advocating for significant ...
KNOXVILLE (WATE) – If you have ever received a call from a debt collector, you know how annoying and sometimes hostile it can be. Thousands of complaints are made every year to the government ...
A debt collection trade group filed a complaint in federal court challenging a CFPB advisory opinion that warned debt collectors against seeking payment on unverified or potentially inflated medical ...
The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment and cap interest at 3%, down from ...
If you use credit cards, owe money on a personal loan, or are paying a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error ...
The pressure is off for collectors of debts owed by New Yorkers for now, under a New York City regulation that has been years in the making, and which has already seen its effective date postponed ...
Debt collection is already a regulated process for civilians, but things change entirely when the person owing money is actively serving in the military. In these cases, standard procedures no longer ...