Personal Finance Advice and Commentary

Friday, May 23, 2014 12:16 pm
By Allison Ross · Bankrate.com

Some nonbanks have “systemic flaws” in how they treat consumers, the CFPB says.

Monday, November 11, 2013 4:00 pm
By Marcie Geffner · Bankrate.com

The CFPB is gathering information about areas of concern in debt collection practices.

Friday, November 01, 2013 2:18 pm
By Marcie Geffner · Bankrate.com

U.S. court stops fake payday loan collectors operating in Cleveland, Atlanta.

Monday, September 26, 2011 4:19 pm
By Leslie McFadden · Bankrate.com

One little paragraph in President Barack Obama’s deficit-reduction plan could make it easier for federal debt collectors to reach delinquent consumers. The Huffington Post reported that on page 28 of the proposal was a section that would allow federal agencies to call people’s mobile phones to collect debts owed to or guaranteed by the federal

Saturday, June 18, 2011 10:00 am
By Marcie Geffner · Bankrate.com

The Association of Credit and Collections Professionals, known as ACA International, has introduced a “blueprint” of policy initiatives that the group says would update the debt collection industry’s antiquated practices. Consumers who’ve missed one or more credit card payments may be interested. A key goal, mentioned repeatedly in the group’s press statement, is the removal