Mountain West Credit Union Association President and CEO Scott Earl announces retirement PHOENIX, AZ. & DENVER, CO (November 29, 2021) — Mountain West Credit Union Association (MWCUA) President and CEO Scott Earl is announcing his plan to retire at the … Continue reading →
Read more: creditandcollectionnews.com
As the application window for a near billion-dollar state program designed to help cash-strapped Californians with pandemic-related drinking water debt nears its close date, almost 50% of eligible water systems have fully completed the application, but nearly one quarter haven’t … Continue reading →
Read more: creditandcollectionnews.com
Equifax and other defendants were sued Wednesday in Georgia Northern District Court for claims under the Fair Credit Reporting Act. The court action was brought by Berry & Associates and Armor Law on behalf of Fernickus Miguel Kinslow. Counsel have … Continue reading →
Read more: creditandcollectionnews.com
Wednesday, November 17, 2021 On defendant’s petition for rehearing in Hunstein v. Preferred Collection and Management Services, Inc., a panel of the 11th Circuit recently issued a new, but not improved, decision involving the Fair Debt Collection Practices Act (FDCPA).1 The Hunstein II decision … Continue reading →
Read more: creditandcollectionnews.com
WASHINGTON — Top Senate Democrats urged the Consumer Financial Protection Bureau to pursue far-reaching reforms of the credit reporting industry and take a more more hands-on role to police errors in consumers’ credit histories. The seven senators told CFPB Director … Continue reading →
Read more: creditandcollectionnews.com
(CNN) — American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again. Between July and September, US household debt climbed to a new … Continue reading →
Read more: creditandcollectionnews.com
By Anna Bahney, CNN Business Credit card interest rates have moved swiftly higher this year, significantly increasing the cost burden on those who carry a balance. Over the past two quarters the average annual percentage rate has grown from 15.91% … Continue reading →
Read more: creditandcollectionnews.com
It’s an unfortunate fact that even Americans with health insurance can wind up with medical bills they struggle to cover. In fact, medical debt is a common source of personal bankruptcy filings in the U.S. For this reason, it’s important … Continue reading →
Read more: creditandcollectionnews.com
A survey of 2,000 Americans by Insider found that more than 50% said they had no credit card debt. Credit card companies have a term for these users: “deadbeat,” because they don’t pay any interest. Many Americans used the … Continue reading →
Read more: creditandcollectionnews.com
LEOMINSTER — Leominster Credit Union recently presented a check for $5,000 to Fathering Fathers Inc., a nonprofit mentoring organization dedicated to raising healthy, confident and well-prepared young men. The lion’s share of this donation will go to help jump start … Continue reading →
Read more: creditandcollectionnews.com