State Rep. Will Guzzardi, D-Chicago, speaks during a House committee meeting Feb. 6 at the Capitol in Springfield. Guzzardi was the House sponsor of a bill signed into law Monday by Gov. J.B. Pritzker that reduces the interest rate charged … Continue reading →
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Debt collection firm Credit Corp has lifted full-year profit nine per cent More Debt collection firm Credit Corp has lifted full-year profit nine per cent to $70.3 million despite a slight dip in collections in Australia and New Zealand. … Continue reading →
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NEW YORK, Aug. 20, 2019 /PRNewswire/ — S&P Dow Jones Indices and Experian released today data through July 2019 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that … Continue reading →
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Monday, August 12, 2019 Under the Fixing America’s Surface Transportation (FAST) Act, the IRS can notify the State Department when taxpayers owe a seriously delinquent tax debt. If the IRS certifies a taxpayer’s debt as “seriously delinquent” to the State … Continue reading →
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Tuesday, August 20, 2019 In a precedential opinion, the U.S. Court of Appeals for the Third Circuit concluded that a plaintiff in a class action complaint had Article III standing and was properly awarded summary judgment when a debt collector … Continue reading →
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View photos This post originally appeared on The Basis Point: Household Debt—How Much Money Does Everybody Owe? Q2 2019 Edition Every quarter, the Federal Reserve Bank of New York releases data on how much household debt Americans … Continue reading →
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Lawsuits filed by Glens Falls (N.Y.) Hospital against people over unpaid medical bills have led to court delays, according to The Post-Star. Glen Falls City Court Clerk Greta Guarino told the newspaper patients who answer summonses are scheduled for mediation … Continue reading →
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CLEVELAND, Ohio — If you’ve been drooling for Apple’s new slick titanium, laser‑etched, no-fee credit card since it was announced in March, the wait is almost over. People who signed up to get notifications when Apple Card would be available … Continue reading →
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The U.S. Supreme Court is currently hearing a case that could settle multiple circuit court debates over the statute of limitations and the Fair Debt Collection Practices Act. The case, Kevin C. Rotkiske v. Paul Klemm, et al., dates back … Continue reading →
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Chase Bank Forgives All Credit Card Debt For Canadian Customers It must feel good to be a Canadian right now! On Thursday Chase Bank announced that it will forgive all outstanding debt for Canadian customers who had either of its … Continue reading →
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