New features help consumers track collection activity, identify potential rights concerns, and respond to qualifying ...
The most frequent consumer debt collection complaints filed with the CFPB in 2023 were attempts to collect debts that actually were not owed, the bureau said in its annual Fair Debt Collection ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. In 2023 alone, the Consumer Financial ...
A: You are a target if you do not strictly follow the Fair Debt Collection Practices Act (FDCPA). See 15 U.S.C. s. 1692, et seq. The FDCPA prohibits debt collectors from using abusive, unfair, or ...
The CFPB’s role in enforcing consumer protections may diminish as the federal agency undergoes changes and possible elimination. Consumers can still report issues to the FTC, OCC and state attorneys ...
Knowing what debt collectors can and can't do after a borrower dies could protect your family from costly mistakes.
More and more Pennsylvanians are swiping credit cards and finding themselves in too much debt for comfort. But when the debt collection companies start calling, most people don't know what to do. If ...
The Philadelphia County Court of Common Pleas recently began a Consumer Credit Card Diversion Pilot Program to fast-track consumer credit card ...
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing. “Please do not perform any work tasks,” ...
Atlanta leads U.S. in debt collection call rates; Georgia ranks first nationwide for complaints per capita, FTC analysis ...