If you use credit cards, owe money on a personal loan, or are paying a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error ...
NEW YORK — The next text message you receive may not be a funny picture from your mom, or an update on how late your friend will be to brunch. It could be a debt collector. The Consumer Financial ...
When debts go to collections, the balance can suddenly grow. Here's why that happens and what you should do next.
WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...
A debt collection trade group filed a complaint in federal court challenging a CFPB advisory opinion that warned debt collectors against seeking payment on unverified or potentially inflated medical ...
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CFPB Leaders Move To Revisit Popular Rules
New leadership at the Consumer Financial Protection Bureau is reassessing signature consumer protections on medical debt and ...
Dear Action Line: Does the Fair Debt Collection Practices Act mentioned Saturday apply to "first party" lien holders such as banks and credit unions? Please don't publish my initials. I could get in ...
Debt collection is already a regulated process for civilians, but things change entirely when the person owing money is actively serving in the military. In these cases, standard procedures no longer ...
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