Collection Industry News

AUGUST 6, 2023

Over 50% of borrowers added debt on regular credit cards during the student loan payment pause and another 31% racked up balances on retail cards, a recent TransUnion analysis found. Many will have to work to get out of credit card debt at the same time. From October 2023 through Sept.

Student loans 40

Student loans Student Loans Credit Card Debt Loans 40

Better Credit Blog

OCTOBER 16, 2020

Have a collections entry from Asset Acceptance LLC on your credit report? If Asset Acceptance is on your credit report, it’s probably because you forgot about a bill. It’s important to deal with a collections agency like Asset Acceptance quickly. Credit card debt. Retail debt.

Debt collector 94

Debt collector Collection Agencies Collections Agency Credit Card Debt 94

Better Credit Blog

OCTOBER 14, 2020

Asset Recovery Solutions isn’t a lender, provider, or retailer itself, so getting a letter or call stating that you owe them money may have you concerned about the company’s legitimacy. Asset Recovery Solutions, LLC, is a completely legit debt collection agency headquartered in Illinois. Consumer debts.

Debt collector 52

Debt collector Collection Agencies Collections Agency Retail 52

Troutman Sanders

MAY 9, 2023

The proposed rule would require lenders to assess a borrower’s ability to repay a PACE loan and would provide a framework for how these loans will be treated under the Truth in Lending Act. On May 1, the Federal Trade Commission (FTC) announced a permanent ban from debt relief telemarketing for operators of debt relief scam.

Financial services 52

Financial services Student loans Student Loans Loans 52