Debt collectors cannot discuss your debt with anyone other than you, your spouse (in some cases) or your attorney. They cannot leave messages with co-workers, relatives or friends disclosing that you ...
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 ...
There's a simple phrase you can use to stop debt collectors from contacting you — but it should be used in conjunction with ...
Understanding your rights as a consumer is more critical than ever. Financial rights education platforms have emerged as ...
M anaging debt has become an increasingly challenging task for many Americans in recent years. Rising living costs, high interest rates and the weight of existing financial obliga ...
Get familiar with the Fair Debt Collection Practices Act (FDCPA) to know what practices are prohibited and how debt collectors can interact with you. Never share sensitive personal information ...
"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 ...
Because of a recent proposed settlement with the CFPB, some private student loan borrowers may see a stop to collections efforts.
While CROA focuses on regulating credit repair companies, other federal laws are focused on protecting consumers. The Fair ...
The Consumer Financial Protection Bureau is aiming to protect consumers from illegal medical debt collection practices.
The Consumer Financial Protection Bureau (CFPB) is on a mission to protect consumers from illegal medical debt collection practices. It issued advisories in October identifying illegal practices ...