If it feels like debt collectors are suddenly louder, more aggressive and more prevalent, you may be onto something. Credit card payment delinquencies have been inching higher recently, after all, as ...
On October 1, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion aimed at debt collectors and emphasizing their obligations under the Fair Debt Collection Practices ...
On October 1, the CFPB issued an advisory opinion regarding medical debt collection practices and debt collectors’ obligations under the FDCPA and Regulation F. The advisory opinion identified ...
The Fair Debt Collection Practices Act (FDCPA) holds great potential as a tool for consumers. On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion titled Debt ...
The Consumer Financial Protection Bureau took action Monday against Performant Recovery Inc. for unlawful debt collection practices against defaulted student loan borrowers, charging the company a ...
Having debt in collections is an unfortunate reality for millions of Americans — especially those who are struggling with unexpected financial hardships. But while facing a debt collection issue may ...
The Consumer Financial Protection Bureau is planning to revoke an advisory opinion warning debt collectors — including third-party revenue cycle management companies — that they are violating federal ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Collection agencies are allowed to reach out to borrowers through calls, ...
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