August, 2021

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‘Undue Hardship’ Is Too Strict A Standard To Discharge Student Loans In Bankruptcy, ABA Argues

Collection Industry News

It was the second-highest consumer debt category, behind only mortgages. John Cornyn of Texas introduced the Fresh Start Through Bankruptcy Act of 2021. In 2019, more than 44 million borrowers owed more than $1.5 trillion in student loan debt, according to data from the Federal Reserve cited in the report accompanying the resolution.

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What is a good credit score range?

Better Credit Blog

It’s a fairly complicated process, but to simplify it, Corraro says that “data from your credit report goes into five major categories that make up a FICO score. So what is a credit score, anyway? And why is it important? Let’s start with the basics. Okay, got it. Now how are credit scores determined, anyway? Payment history: (35 percent).

Lender 59
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CDC, Biden Announce 60-Day Eviction Moratorium in High-Risk Areas

Collection Industry News

Though no more favorable to the CDC than Judge Friedrich’s vacatur order, the holdings out of federal courts in Ohio and Texas at least were limited to the plaintiffs with standing before those courts. The complaint thus alleges that the Act is unconstitutionally vague under the Due Process Clauses of the U.S.