kate_sept2004 / Getty Images The Fair Credit Reporting Act (FCRA) is a federal law that regulates the collection of consumers' credit information and access to their credit reports. It was passed ...

There are no criminal penalties for violation of the Fair Debt Collection Practices Act. It is enforced through civil suits ... Examples of unsecured debts are: credit cards, medical debt. Real or ...

On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) published a final Rule (the “Rule”) that prohibits consumer reporting ...

Collection accounts will also remain ... an investigation and contact the creditor reporting the debt. The Fair Credit ...

How long does debt stay on your credit report? How long a collection stays on your credit report depends on the type of loan you have. According to the Fair Credit Reporting Act, derogatory items ...

Yes, you can dispute any debt that's been sold to a debt collector. The Fair Debt Collection Practices Act (FDCPA) grants you the right to request verification of the debt and dispute it if you ...

While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...

While advocates argue the change will provide great financial relief to millions struggling with high health care costs, critics contend it could harm financial systems and incentivize delinquency.

The following strategies can be particularly effective if your goal is to get debt collectors to cease their communication attempts: ...

Americans won’t have to worry about unpaid medical bills damaging their credit reports and scores much longer.

The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being ... restores a provision of the Fair Credit Reporting Act of 1970, which restricted ...