Along with knowing your rights under the Fair Debt Collection Practices Act, you should know your debts and credit account listings.
A new report from the Consumer Financial Protection Bureau calls out student loan serving companies for illegal practices.
Nearly one-third of all 25,800 complaints seniors sent to the CFPB pertained to debt collection.
The bureau is seeking restitution for Corinthian Colleges students allegedly harmed by a predatory lending scheme.
A new score from FICO will treat unpaid medical debts less severely and bypass paid collections accounts entirely.
The Consumer Financial Protection Bureau is suing a Georgia-based firm for allegedly churning out debt collection law suits.
Agency says ACE Cash Express pressured borrowers into taking out loans they couldn’t afford.
Issues with closing or managing a bank account made up the bulk of complaints.
The CFPB is gathering information about areas of concern in debt collection practices.
The CFPB is asking for comments on debt collection to help create new consumer protections.