Account Recovery

APRIL 25, 2023

COMPLAINT ACCUSES COLLECTOR OF WITHHOLDING INFO ABOUT CREDIT REPORTING CHANGES Filed in the “no good deed goes unpunished” category, a collection agency is being sued for violating the Fair Debt Collection Practices Act because a collector informed the plaintiff about a change to credit reporting guidelines, but did not provide details about a new (..)

Fair Debt Collection 100

Fair Debt Collection Collection Agencies Collections Agency Collections 100

Credit Corp

NOVEMBER 9, 2020

If you or someone you know has dealt with a collection agency, you know how trying it can be. Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? Attempts to Collect a Debt Not Owed.

Collection Agencies 106

Collection Agencies Collections Agency Credit Bureau Collections 106

Credit Corp

JUNE 1, 2023

Your credit score may improve if your collection debt is reported to a new credit scoring model—FICO 9®, FICO 10®, VantageScore 3.0® Most creditors still report to old scoring models, so it’s unlikely paying off the debt will improve your credit score. In This Piece: What Is Collections Debt?

Collections 127

Collections Debt collector Collection Agencies Collections Agency 127

National Service Bureau

APRIL 15, 2015

Last week we wrote about 2014 CFPB complaints against debt collection agencies. Now for the top three: #3: Disclosure verification of debt. There were 5,452 improper disclosures reported in 2014. Of these, 1,346 related to credit card collections and 1,057 had to do with healthcare collections.

Collection Agencies 40

Collection Agencies Collections Agency Collections Credit Card Collections 40