There are rules that dictate when a debt collector can call you — and how many times they're allowed to do it.
There are no criminal penalties for violation of the Fair Debt Collection Practices Act. It is enforced through civil suits brought by consumers against debt collectors. The Fair Debt Collection ...
Ocwen Loan Servicing LLC violated the Fair Debt Collection Practices Act through the use of the Speedpay payment processing service, by charging “convenience fees” to consumers who effectively have no ...
Part of the issue is that the recent surge in digital lending and automated debt collection systems has made mix-ups more ...
G etting a call from a debt collector can be jarring, whether you recognize the debt they're calling about or not. After all, ...
This week, the U.S. Court of Appeals for the Seventh Circuit issued a decision reversing a summary judgment order in a Fair ...
Debt collectors are required by law to disclose certain information and knowing what that is could benefit you.
"However, the Fair Debt Collection Practices Act allows collectors to discuss such debts with the deceased person's family." Furthermore, some debt collectors may test the boundaries of what's ...
Understanding your rights as a consumer is more critical than ever. Financial rights education platforms have emerged as ...
Because of a recent proposed settlement with the CFPB, some private student loan borrowers may see a stop to collections ...