Account Recovery

SEPTEMBER 10, 2021

A motion has been filed in a West Virginia federal court to approve a settlement in a class action Fair Debt Collection Practices Act and West Virginia Consumer Credit Protection Act case that will see the defendant pay $995,000 after it was accused of sending letters that did not include updated language required under state … The post Collector (..)

Fair Debt Collection 245

Fair Debt Collection Collections Consumer Credit Credit Management 245

CICM

MARCH 4, 2022

A first of its kind for the profession, the new Professional Standards establish a benchmark and help demonstrate the enormous variety of roles within credit at every level, local and global, to attract new employees into the industry and define what skills they need to succeed in an exciting, dynamic and rewarding career.

Credit Management 40

Credit Management Debt Management Consumer Credit Collections 40

Better Credit Blog

APRIL 5, 2022

A collection account will lower your credit score and can generally stay on your credit report for up to seven years. Often, a collection entry will even keep you from getting a mortgage or securing an auto loan, which is why it’s important to do all you can to remove collections from your credit report quickly.

Collections 98

Collections Collection Agencies Collections Agency Original Creditor 98

CSA

SEPTEMBER 11, 2020

in the collections and credit management market. The impact of the pandemic on the credit/consumer eco-system has been profound, but the CSA?s Collections and recoveries remain an important part of the economic ?plumbing?, s Debt Management function. Meeting, setting out his analysis of the current

Government 52

Government Credit Management Debt Management Consumer Credit 52

Collection Industry News

JULY 19, 2021

Circuit Court of Appeals ruled that the Fair Credit Reporting Act does not require consumer credit agencies to further investigate when a borrower disputes a debt collector’s ownership of their debt. Attorneys for the borrowers and credit agencies did not immediately reply to requests for comment on Friday.

Law Firms 40

Law Firms Debt collector Credit Card Debt Consumer Credit 40

Better Credit Blog

APRIL 6, 2022

Tax liens : Whether local, state, or federal, a tax lien from the government can put a huge dent in your credit profile for the foreseeable future. Charge-offs : If a creditor has given up on collecting a debt from you and charged-off the debt, you can expect credit trouble for years without intervention. This isn’t true.

Debt settlement 105

Debt settlement Creditors Credit Counselor Loans 105