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Flexing their muscles, debt collectors see an opportunity to fend off robocall rules

Debt collectors say they’re getting tuned out in FCC’s new robocall regulations......»»

Category: topSource: marketwatchOct 12th, 2018

Robocall debt collectors see new opportunity under Trump’s FCC

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

Category: topSource: marketwatchOct 15th, 2018

CFPB rules would let debt collectors send unlimited texts, with a caveat

A U.S. regulator unveiled proposed rules for debt.....»»

Category: topSource: latimesMay 7th, 2019

Like it or not, debt collectors may be texting and emailing you under new rules

The Consumer Financial Protection Bureau, und.....»»

Category: topSource: latimesApr 30th, 2019

Could debt collectors send you texts, emails? Consumer groups fear CFPB may allow it.

Some consumer groups fear soon-to-be-unveiled rules will be too friendly to the $11 billion debt collection industry......»»

Category: topSource: washpostApr 18th, 2019

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

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

Category: topSource: marketwatchOct 12th, 2018

New York blocks debt collectors from garnishing coronavirus stimulus checks

After the IRS started sending out the third stimulus check of up to $1,400, many were worried that debt collectors might garnish their payment......»»

Category: blogSource: valuewalkMay 14th, 2021

Will Senate Republicans Join House in Protecting Consumers From Abusive Debt Collectors?

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

Category: blogSource: valuewalkMay 13th, 2021

Help Me Retire: We have $190,000 in retirement savings and want to use the COVID-related distribution rules to pay off $40,000 in debt — should we?

The CARES Act allows some savers to take money out of their retirement accounts — but advisers say they should proceed with caution......»»

Category: topSource: marketwatchMay 8th, 2021

Trump"s campaign still hasn"t paid the $211,000 it owes the city of Albuquerque. Now debt collectors are calling Mar-a-Lago, mayor says.

Albuquerque, New Mexico, is one of more than a dozen cities that have s.....»»

Category: topSource: businessinsiderApr 24th, 2021

: Debt collectors looking to evict renters must notify them of CDC eviction moratorium, regulator says

The Consumer Financial Protection Bureau has issued a new policy designed to strengthen the national eviction moratorium......»»

Category: topSource: marketwatchApr 19th, 2021

Predatory debt collectors would be barred from government’s pandemic relief loans under new bill

Debt collectors already have gained more than $520 million in loans from the Paycheck Protection Program. The bill would bar debt collectors that have been sanctioned from participating any more in the program......»»

Category: topSource: washpostApr 7th, 2021

Supreme Court Rules In Favor Of Facebook In Robocall Lawsuit

The U.S. Supreme Court sides with Facebook, Inc. (NADSAQ: FB) in a case that accused the social media giant of violating a federal anti-robocall law. read more.....»»

Category: blogSource: benzingaApr 1st, 2021

A single GOP senator blocked a bill that would stop private debt collectors from seizing stimulus checks

GOP Sen. Pat Toomey said debt collectors had every right to collect money owed, thwarting a Democratic effort to stop that. Sen. Pat Toomey of Pennsylvania. Sarah Silbiger.....»»

Category: topSource: businessinsiderMar 19th, 2021

$1,400 stimulus checks can fall prey to private debt collectors. Democrats want to prevent that.

Sen. Ron Wyden's offic.....»»

Category: personnelSource: nytMar 16th, 2021

Metals Stocks: Gold marks third straight session decline as 10-year Treasury yields tap 1.5%

Gold futures mark a third straight session decline on Thursday as government bond yields extended their climb to the highest level in a year, raising the opportunity cost of owning nonyielding gold over sovereign debt......»»

Category: topSource: marketwatchFeb 25th, 2021

AMC sees opportunity to raise more capital amid trading frenzy

The Leawood theater owner may consider issuing more stock and engaging in more debt-for-equity swaps as it looks to build up its financial cushion to ride out the pandemic......»»

Category: topSource: bizjournalsJan 29th, 2021

Debt collectors, payday lenders collected over $500 million in federal pandemic relief

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......»»

Category: topSource: washpostJan 15th, 2021

Debt collectors should be forced to stop hounding Americans during the pandemic

Countless times a day, these debt collectors will reach someone .....»»

Category: personnelSource: nytJan 3rd, 2021

Column: Beware of "debt parking" — fake debt planted by collectors in your credit file

Debt parking is when a collector places dubious obligations on your credit file so they'll surface when you apply for a loan or seek a job, making it likel.....»»

Category: topSource: latimesDec 13th, 2020

Student debt collection businesses face looming shortfalls

Student loan debt collectors are positioned to face an uphill battle with so many people out of work as a result of Covid-19......»»

Category: topSource: bizjournalsMay 12th, 2020