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As Reform Bill Advances, Watchdog Found Debt Collection Industry Gave Hundreds .....»»

More than 170 of those recipients have been named in multiple consumer complaints, racking up at least 100 with the Consumer Financial Protection Bureau, according to The Washington Post’s analysis......»»

Millions of Americans have received the stimulus checks from the federal government this week under the Coronavirus Aid, Relief and Economic Security (CARES) Act. However,... The post Debt collectors.....»»

Debt collectors lose the right in many states to sue consumers after a few years. The new proposal would let debt collectors keep trying to recoup the money as long as they tell consumers upfront that they can no longer be sued......»»

The CFPB estimates that millions of consumers are contacted about old debts that are no longer legally enforceable every year......»»

Even only a slight increase in interest rates creates millions more in interest payments for consumers......»»

Consumer advocates say there's an accelerating effort within the $11 billion debt collection industry to make profits from debts the financial industry once wrote off......»»

The Buffalo area’s legal service entities get calls about it nearly every day. Individuals who reach out to the services for assistance are troubled about the calls they receive from debt collectors. The individuals say they feel harassed by the de.....»»

Retailer Office Depot Inc and software firm Support.com Inc have agreed to pay $35 million to settle U.S. Federal Trade Commission allegations the companies tricked consumers into buying computer repair services, the agency said on Wednesday......»»

In the 135 days since the Trump administration took control of the nation's consumer watchdog agency, it has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies whatsoever......»»

An internal watchdog says the private debt collectors are targeting people who can barely buy groceries and make rent......»»

An internal watchdog says the private debt collectors are targeting people who can barely buy groceries and make rent......»»

Consumers are in better shape regarding their debt, but the prospect of ever-higher federal deficits is worrying.....»»

Consumers are in better shape regarding their debt, but the prospect of ever-higher federal deficits is worrying.....»»

U.S. consumer borrowing costs have drifted higher in recent months ahead of the Federal Reserve’s likely decision Wednesday to raise short-term interest rates, though the increases have generally been modest......»»

Too many valid debt collection calls are being mislabeled as “spam,” they say......»»

Consumers are the ones losing out in robocall crackdown, debt collectors say......»»

The federal government of the United States has carried some level of debt every year since George Washington’s first term as president. But while the national debt is as old as the country itself, levels of gove.....»»

The federal employment agency accused the company of assigning Black workers to routes in neighborhoo.....»»

The federal employment agency accused the company of assigning Black worker.....»»