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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 6, the Bank of England, Financial Conduct Authority, and Prudential Regulation Authority issued guidance explaining how current and proposed regulatory regimes governing “e-money, stablecoins, and tokenised bank deposits” will interact, indicating that applicable financial institutions will be subject to dual or triple regulation.

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You’re in Debt: 9 Terms to Know

The Kaplan Group

Credit Counselor. A credit counselor is certified and trained in consumer credit, money and debt management, and budgeting. These companies can be very risky and using them can have a negative impact on your credit score. It is important to make sure you only see a licensed and reputable counselor.

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What Is a Judgment?

Credit Corp

These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. For example, if a debt collector takes you to civil court for an unpaid bill, you can provide evidence of any payments you made. The lessor of these two amounts applies.

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Freedom Debt Relief Review

Better Credit Blog

The only problem came when after not paying on an account for 6–7 months, I came to find out that Freedom Debt Relief couldn’t settle this particular account. I had to make my own payment arrangements with the debt collector so that we could keep our furnace. I came to learn that FDR mainly only works with credit cards.