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How to Get Wilshire Consumer Credit Off Your Credit Report

Better Credit Blog

If you have begun receiving calls from a company called Wilshire Consumer Credit, you are probably feeling overwhelmed by their advances. They are aggressive, and they will not stop unless you pay them or remove their account from your collection account. We can help you remove their collection account from your credit report.

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Dealing with Debt Collectors

Debt Free Colorado

When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. Consumer debts include credit card debts, vehicle loans, medical costs, and school loans.

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4 Ways To Remove Collections From Your Credit Report

Better Credit Blog

The first step, if you have paid the full collection account, settlement, or have been making regular on-time payments, is to mail the collection agency a “ goodwill letter ” that explains your situation. Ask the Collection Agency to Validate the Debt. Anything else that appears to be inaccurate.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Department of Education terminated its contracts with private debt collection agencies. State Activities: On November 10, New York Governor Kathy Hochul signed the Consumer Credit Fairness Act (SB 153) into law. For more information, click here. On November 8, the U.S. For more information, click here.

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No interest? No Disclosure? No Problem!

Consumer Financial Services Law

A recent case out of the District Court for Oregon illustrates the extreme positions being taken by the consumer bar and provides some reassurances to the industry. In Powers v.