article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Strengthen Retail (Consumer) Investor Protections. The bill would require digital asset firms to publish and distribute a prospectus that includes material information related to the firm’s business, financial condition, results of operations, risk factors, and conflicts of interests. For more information, click here.

article thumbnail

How To Remove FMS Inc. From Your Credit Report

Better Credit Blog

or FMS Corp, is a third-party debt collection agency headquartered in Tulsa, Oklahoma. The agency also has a location in Boise, Idaho. All in all, the agency is completely legit. collects on a wide range of debts from several industries, including: Education. Retail cards. What Is FMS Inc.? Bank cards.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Remove Allied Collection Service From Your Credit Report

Better Credit Blog

Consumers can write them at their mailing address below: Allied Collection Service, Inc. Allied collects for service providers and lenders in the following industries: Commercial debt. Retail debt. Student loans. 3 Ways to Remove Allied Collection Service from Your Credit Report. 1607 Central Avenue.

article thumbnail

Over half of student loan borrowers racked up credit card debt during the payment pause—now experts worry about ‘shock’

Collection Industry News

Federal student loan borrowers have had a break from paying back their student loans for over three years now. 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.

article thumbnail

How to Remove GC Services from Your Credit Report

Better Credit Blog

Headquartered in Houston, GC Services is one of the largest debt collection agencies in the country. They grossed over $100 million in revenue in 2019 and collect a variety of debts including student loan, health care, telecommunications, retail, government, and more.

article thumbnail

How To Remove Asset Recovery Solutions From Your Credit Report

Better Credit Blog

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. Retail debt. Student loans.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On June 20, the Federal Trade Commission (FTC) sent letters to 50 online marketplaces nationwide, notifying them about their obligation to comply with the new Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act — or the INFORM Consumers Act — as soon as it takes effect on June 27.