Collections Debt settlement Education Student Loans 
Collection Industry News
APRIL 22, 2023
WASHINGTON — A settlement that will allow thousands of student loan debts to be canceled will go into effect after the Supreme Court on Thursday declined to block it. The Supreme Court in a brief order rejected a request made by colleges challenging the settlement. and American National University.
Troutman Sanders
JANUARY 20, 2022
On January 13, a coalition of 39 state attorneys general — led by AGs from Pennsylvania, Washington, Illinois, Massachusetts, and California — reached a settlement with student loan servicer Navient over allegedly unfair, deceptive, and abusive student loan origination and servicing practices.
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Collection Industry News
MAY 3, 2022
– Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order to resolve its allegations that Performance SLC, a student loan debt relief business, and Performance Settlement, a general debt-settlement company, along with their owner and CEO, Daniel Crenshaw, engaged in wrongful fee-charging practices and deceptive telemarketing.
Sawin & Shea
AUGUST 24, 2020
Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt. Debt settlement with the wrong organization or a scam can destroy your credit.
Better Credit Blog
APRIL 11, 2022
Some examples of debt are mortgages, credit card dues, and personal loans. Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. In other cases, such as credit card debt, it’s seen as a hardship and can have a negative impact. Bankruptcy.
Credit Corp
JUNE 1, 2021
Monthly expenses might include student loan payments, car payments, and credit card payments. Collect Rent. Some parents choose to put collected rent payments into a savings account for a young Millennial child to use to furnish their eventual new home or use it as a down payment on a home. Pay Student Loan Debt.
Collection Industry News
MARCH 28, 2022
The Department has also begun licensing debt collectors. Proposed registration includes debt settlement services, student debt relief services, postsecondary education financing, and wage-based advances. Regulatory Activities. Research and Market Monitoring.
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