New York’s banking and insurance regulator is objecting to the Consumer Financial Protection Bureau’s debt collection proposal, saying it does not go far enough to protect consumers from excessive phone calls and unlimited emails and texts. Linda Lacewell, New York … Continue reading →
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Director Kraninger released details about new disclaimers and instructions expected to guide consumers when they provide feedback using the database WASHINGTON, Sept. 18, 2019 /PRNewswire/ — ACA International, the leading voice of the accounts receivable management industry, supports the Consumer Financial … Continue reading →
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By Brynna Sentel TheStatehouseFile.com INDIANAPOLIS— Payday lenders have drained an estimated $322 million in finance charges from Hoosiers over the last five years, according to a new report from groups advocating for the state to rein in those businesses. The … Continue reading →
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“Tackling Student Loan Debt,” U.S. Air Force photo by Staff Sgt. Steven R. Doty, 47th Flying Training Wing. September 9, 2019; NBC News NPQ has long followed the fate of the federal Public Service Loan Forgiveness program. Almost a dozen … Continue reading →
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Kelly Gooch – Print | Email CMS Administrator Seema Verma and consumer advocates are speaking out about recent media reports that have highlighted hospitals’ medical debt collection practices and lawsuits they file against patients, according to ProPublica. Memphis, Tenn.-based nonprofit hospital system … Continue reading →
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T-Mobile call blocking. Credit: T-Mobile A new report highlights how nimble scammers and spammers are in the face efforts to combat robocalls. Despite new initiatives by the Federal Communications Commission (FCC) and carriers, robocalls aren’t on the wane. Americans are … Continue reading →
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The Federal Reserve in Washington. Image Credit: Reuters The Federal Reserve is poised to cut interest rates again this week and may still not be done delivering monetary stimulus. Having already reduced their benchmark in July to 2.0 per cent-2.25 … Continue reading →
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(KUTV) — Just 19% of people in “Generation Z, (Gen Z)” those born from 1997 to 2012-ish (the cutoff year has not yet been officially set), say they have a solid understanding of credit, according to a survey by Experian. … Continue reading →
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An increasing number of Americans are struggling to keep up with their student loan and credit card debt, Reuters reported on Tuesday (Aug. 13). The number of student loans unpaid for several months has increased, even though total student loan debt … Continue reading →
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Thursday, September 12, 2019 On September 10, 2019, California federal judge, U.S. District Judge Yvonne Gonzalez Rogers, entered a $267 million judgment against a debt collection agency, Rash Curtis & Associates (Rash Curtis), for its violation of the Telephone Consumer … Continue reading →
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