The Federal Trade Commission (FTC) enforces the Fair Debt Collection Practices Act (FDCPA) in the United States. The FDCPA prohibits debt collectors from using abusive, unfair, or deceptive practices ...
Certain types of loans are secured by property. This gives the lender the ability to repossess the secured asset if you stop making payments. Mortgage debt is a type of secured debt: Your mortgage is ...
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. Carrying a certain amount of credit card ...
If you have outstanding debt, it may ultimately end up in the hands of a collection agency. Under the Fair Debt Collection Practices Act, a collection agency can send collection letters to your home ...
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. Whether you owe it or not, receiving a ...
If your debt is sent to collections you'll need to take immediate steps to avoid the financial impacts. / Credit: Siriporn Kaenseeya / EyeEm If you have debts in collection, you're not alone. In ...
The Consumer Financial Protection Bureau (CFPB) has ordered medical debt collection agency Commonwealth Financial Systems to cease operations and pay a $95,000 fine for illegally trying to collect ...
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 ...