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Appeals Court Upholds Dismissal of FDCPA Case Over Collection of Post-BK Student Loan

Account Recovery

The Court of Appeals for the Third Circuit has affirmed the dismissal of a Fair Debt Collection Practices Act case against a student loan servicer for continuing to attempt to collect a student loan debt after it had been discharged in bankruptcy because the plaintiff failed to follow the proper procedure.

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Daily Digest – March 14. Getting to Know Matt Jubenville of Midland Credit Management; Passive Debt Buyer Meets Definition of Debt Collector Under FDCPA, Indiana State Law, State Appeals Court Rules

Account Recovery

Getting to Know Matt Jubenville of Midland Credit Management Passive Debt Buyer Meets Definition of Debt Collector Under FDCPA, Indiana State Law, State Appeals Court Rules Medical Debt Credit Reporting Bill Advances in Illinois Senate Employers Need Education on Student Loan Garnishments PRA Group Appoints Glenn Marino to Board of Directors WORTH (..)

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Discharging Student Loan Debt: The Brunner Test

ABI

Generally, student loan debt will not be discharged in a case under title 11 of the United States Code (the “Bankruptcy Code”) unless there is a showing of “undue hardship on the debtor and debtor’s dependents.” All three of the elements must be satisfied for the discharge of the student loan debts to be granted. [11].

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What Is the Average Credit Score by 18?

Credit Corp

Age Group Average Credit Score 18-25 679 26-41 687 42-57 706 58-76 742 77+ 760 Experian® Q3 2022 Average Credit Score by 20 The average credit score for those aged 18 to 25 is 679. Average Credit Score by 30 The average credit score for those aged 26 to 41 is 687. How Do You Find Your Credit Score?

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Tenth Circuit Adopts “Reasonable Consumer” Standard to Determine Materiality Under FDCPA

Troutman Sanders

Pioneer Credit Recovery, Inc. , the plaintiff defaulted on his student loan payment, and the account was sold to Educational Credit Management Corporation (ECMC), a federal student loan guarantee agency, which then contracted with Pioneer Credit Recovery, Inc. In Tavernaro v.

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Why Is Credit Important? 10 Reasons You Need a Good Score

Credit Corp

Bad credit scores can lead to: Rejected applications Higher fees and interest rates Lost work opportunities Difficulty renting a vehicle Required deposits for utilities Difficulty securing a student loan Expensive insurance rates Difficulty opening bank accounts Bad credit doesn’t shut every door, but it can make life more difficult and expensive.

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Is 720 a Good Credit Score?

Credit Corp

Personal loan interest rates can range from 6% to 36%, although a good credit score should allow you to qualify for rates on the lower end of that spectrum. According to recent personal loan statistics , the average interest rate is 11.2%. Start your free trial * today.