Is Student Debt Financially Crippling Young Americans?
The Federal Reserve Bank of New York revealed that, according to research, students in the United States collectively owe roughly […]
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The CFPB Is Conducting A Debt Collection Study
According to a letter sent to debt collectors, the Consumer Financial Protection Bureau has requested that debt collectors complete a survey regarding their basic
Hammer’s $2 Million Verdict
On April 20, 2015, after a six-day trial at the Everett McKinley Dirksen United States Court House in Chicago, Illinois,
Strategic Default: What Is It and Can It Help Me?
Strategic default can be useful to relieve yourself of the burdens of a mortgage while minimizing the negative consequences. Let’s say
NCLC Proposes New Debt Collection Regulations To The CFPB
The National Consumer Law Center (NCLC) has issued recommendations to the CFPB that would further regulate when and in what manner debt
OCC Report: $131 Billion in HELOC debt to reset
ke The OCC’s latest Semiannual Risk Perspective says that out of the nine largest home equity lenders face a big problem from
The CFPB’s Most Complained About Financial Companies
The Consumer Financial Protection Bureau recently released a list of the most complained-about financial services companies. While companies like Bank
Protect Yourself! Recognize the Warning Signs of Creditor Harassment
By law, creditors are not allowed to contact debtors to demand payment after a debtor files for bankruptcy. What you
FCC Announces New Proposed Rules To Make The Telephone Consumer Protection Act More Consumer-Friendly
FCC Chairman Tom Wheeler recently announced new proposed rules that strengthen the Telephone Consumer Protection Act (TCPA), making it more
Portfolio Recovery Associates Hit With $83 Million Jury Verdict
A jury in Missouri has ordered Portfolio Recovery Associates (PRA) to pay Maria Mejia almost $83 million for violations of