Remove category fcra
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A Sign of Things to Come? FDCPA, FCRA, and TCPA Filings Increase in January 2022 Compared to Same Time Period Last Year

Troutman Sanders

The filing lawsuits under the Fair Debt Collection Practices Act (FDCPA), the Fair Credit Reporting Act (FCRA), and the Telephone Consumer Protection Act (TCPA) increased dramatically in the first month of 2022 when compared to the number of filings in January and December 2021, per a report released recently by Web Recon LLC.

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Does Paying Off Collections Improve Your Credit Score?

Credit Corp

How Does Collections Debt Affect Your Credit Score? Collections debt shows up as a negative mark on your credit and, as a result, will significantly harm your credit. Does Paying Collections Help Your Credit Score? How Long Will Collections Debt Stay on My Credit Report? ® and VantageScore 4.0®.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 16, the Consumer Financial Protection Bureau (CFPB) published its Fair Debt Collection Practices Act (FDCPA) Annual Report to Congress. The report highlights consumer protection issues in medical debt collection. The CFPB’s rule amends an appendix for Regulation V, which implements the FCRA.