The most frequent consumer debt collection complaints filed with the CFPB in 2023 were attempts to collect debts that actually were not owed, the bureau said in its annual Fair Debt Collection ...

More Americans are taking on debt and falling behind on bills. The people calling them to collect often endure a torrent of ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A: You are a target if you do not strictly follow the Fair Debt Collection Practices Act (FDCPA). See 15 U.S.C. s. 1692, et seq. The FDCPA prohibits debt collectors from using abusive, unfair, or ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. In 2023 alone, the Consumer Financial ...

[00:00] Rachel Rogers: Foreign. [00:22] Melissa Tulis Smith: Hello and welcome to the podcast series Creditors Corner Legal Talk, presented by Smith Debnum, Attorneys at Law, where we explore a range ...

The CFPB’s role in enforcing consumer protections may diminish as the federal agency undergoes changes and possible elimination. Consumers can still report issues to the FTC, OCC and state attorneys ...

Behind on your debt payments? If so, you may want to keep an eye out for signs that garnishment is on the horizon.

The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...

More and more Pennsylvanians are swiping credit cards and finding themselves in too much debt for comfort. But when the debt collection companies start calling, most people don't know what to do. If ...

A South Jersey mom says thousands of dollars in hospital bills after the birth of her daughter spiraled into aggressive debt collection tactics she claims crossed the legal line.