Debt collection generates more fraud reports to the FTC than any other industry, according to the agency. But even legitimate ...

These disputes can start with something as small as a clerical error.

On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion titled Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt. The ...

Before you hand over money to a debt collector, take these steps to protect both your finances and your rights.

The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

WASHINGTON (AP) — JPMorgan Chase will pay $136 million to settle charges that it used illegal tactics to go after delinquent credit card borrowers, the Consumer Financial Protection Bureau announced ...

Richmond, Va.-based VCU Health is taking several steps to overhaul its collection practices, including halting seizure of patients’ wages and removing liens on patients’ homes, according to the ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher ...

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. Bill collectors are known for using all ...