WASHINGTON — U.S. presidential candidate Bernie Sanders released a plan on Saturday to eliminate $81 billion in Americans’ existing medical debt, going beyond his Democratic White House rivals and expanding on his signature proposal for a government-run health insurance system. … Continue reading →
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September 21, 2019 – SACRAMENTO – California Attorney General Xavier Becerra on Thursday, as part of a coalition of 28 attorneys general, denounced the Consumer Financial Protection Bureau’s (CFPB) proposed Debt Collection Practices Rule, which falls far short of the regulation needed … Continue reading →
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By: Charlene Crowell A new survey asked likely voters across the country what they thought of a proposed debt collection rule. The response was strong and broad opposition. Proposed earlier this year by Consumer Financial Protection Bureau (CFPB) Director Kathleen Kraninger, the … Continue reading →
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DeAnn Komanecky @deannsk Thursday Sep 19, 2019 at 5:52 PM A debt collection service has been hired by the city to collect up to an estimated $6.6 million in delinquent utility service balances. The company, Professional Credit, was awarded the contract at the Sept. 12 … Continue reading →
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Source: Twenty/20 College graduates in 2018 are even deeper in debt than prior classes, signalling that the student loan crisis is swelling. Two in 3 college graduates in 2018 had borrowed for their education. The average graduate owed $29,200, up … Continue reading →
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FILE PHOTO A spike in student loan borrowing in the last decade has pushed the bill owed among North Carolinians to $44 million according to the Center for Responsible Lending. RALEIGH – Student loan debt among North Carolina residents has … Continue reading →
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On September 13, the CFPB released its summer 2019 Supervisory Highlights, which outlines its supervisory and enforcement actions in the areas of automobile loan origination, credit card account management, debt collection, furnishing, and mortgage origination. The findings of the report … Continue reading →
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Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy. Register today for a taste of our high-quality intelligence and enjoy: 3 free articles a … Continue reading →
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Linda Lacewell, Department of Financial Services. New York’s financial regulatory agency is asking the federal Consumer Financial Protection Bureau to pump the brakes on a proposed rule that would enable debt collectors to contact consumers through email, text message or … Continue reading →
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CFPB proposal would allow for more consumer abuse and harassment from debt collection industry 0TheFool / Pixabay Washington, DC – Late yesterday, a coalition of 232 nonprofit organizations from all 50 states and the District of Columbia sent a letter … Continue reading →
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