Collection Industry News

AUGUST 17, 2023

Compared to other debt categories this quarter, credit card balances saw the most pronounced worsening in performance, following a period of extraordinarily low delinquency rates during the pandemic. About 39,000 individuals had new foreclosure notations on their credit reports, a very small increase from the first quarter.

Credit Card Debt 40

Credit Card Debt Student loans Student Loans Foreclosure 40

True Accord

MARCH 31, 2022

The four key trends we’re studying are: resumed foreclosure activity, extensive medical bills, the end of child tax credits and historically high inflation. In January, the foreclosure proceedings that were paused under the CARES Act resumed after an 18-month hiatus. million U.S. Fintech companies are delivering.

Lender 58

Lender Personal loans Foreclosure Loans 58

Troutman Sanders

OCTOBER 26, 2020

The current recordkeeping and travel regulations of the Bank Secrecy Act mandate that banks collect, retain, and transmit information on fund transfers of more than $3,000 occurring outside the U.S. Virginia’s governor has until October 28 to act on House Bill 5068. For more information, click here. For more information, click here.

Financial services 52

Financial services Financial Institution Foreclosure Banks 52

Troutman Sanders

MARCH 8, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Representative Madeleine Dean reintroduced the Fair Debt Collection Practices for Servicemembers Act. For more information, click here.

Financial services 52

Financial services Retail Foreclosure Financial Institution 52

Better Credit Blog

JANUARY 14, 2021

Firestone Complete Auto Care. Credit inquiries come in two different categories: hard and soft credit checks. Thanks to the Fair Credit Reporting Act , you have the right to dispute fraudulent inquiries on your credit report. Foreclosures. CRDT First On My Credit Report. Tires Plus. Currently, more than 4.6 Charge-offs.

Loans 52

Loans Repossession Foreclosure Bankruptcy 52

Collection Industry News

AUGUST 9, 2021

The Alabama Association decision was based primarily on Judge Friedrich’s reading of the Public Health Services Act, 42 U.S.C. § 264(a) (the “ Act ”), pursuant to which the CDC first issued the Order in September 2020. 264(a) (the “ Act ”). The Act allows the Secretary of the U.S. On March 10, 2021, U.S.

Foreclosure 40

Foreclosure Government Judgment Lender 40