debt collection

The wild west is over for debt collectors

Nov 7, 2013
The Consumer Financial Protection Bureau will announce new rules for the debt collection industry.
Posted In: debt collection, Consumer Financial Protection Bureau

7 tips on what to do if you're being harassed by a debt collector

May 17, 2013
What can you do if a debt collector is after you? Take some advice from someone in the industry and know your consumer rights.
Posted In: debt, debt collection

Student loan debt collectors under the microscope

Mar 26, 2012
Are debt collectors working for the Department of Education letting debtors know their rights? Bloomberg's John Hechinger discusses the rights of borrowers.
Posted In: student loan debt, student loans, debt collection, CFPB

Chasing your debt

Mar 9, 2012
More and more, people with outstanding debts are finding themselves in the crosshairs of swarms of collections agencies.
Posted In: collection agency, debt collection, CFPB, debt

Credit agencies and debt collectors to get federal scrutiny

Feb 16, 2012
The Consumer Financial Protection Bureau is proposing to add the three major credit bureaus and debt colletion companies to the list of businesses the federal agency can now oversee.
Posted In: debt collection, credit agencies, equifax, Consumer Financial Protection Bureau, CFPB

Sunshine is the best disinfectant

Feb 16, 2012
The Consumer Financial Protection Bureau is proposing that it examine the business of large debt collectors and to closely watch the major credit reporting bureaus. The focus would be on the larger firms. It's a good move.
Posted In: Consumer Financial Protection Bureau, debt collection, credit reporting

FTC punishes debt collector

Jan 31, 2012
After a landslide of complaints, the FTC cracks down on “past-statue” practices.
Posted In: debt collection, FTC

JPMorgan Chase slows debt collection

Jan 13, 2012
The American Banker says that JPMorgan Chase appears to be backing off efforts to collect unpaid credit card debt from its customers. They're not forgiving the debt, but they've quietly stopped going after it.
Posted In: debt, debt collection, Credit Cards