Collection Industry News

MAY 18, 2021

Restrictions on the reporting or consideration of certain debt prevents lenders from seeing borrowers’ complete debt circumstances and clouds lenders’ ability to fairly assess borrowers’ creditworthiness. Clarify FDCPA coverage for non-judicial foreclosures. Specifically, the organizations opposed Title VIII of H.R.

Lender 40

Lender Foreclosure Collections Debt collector 40

Credit Corp

OCTOBER 25, 2023

Keeping track of multiple credit card bills can be difficult and potentially cause you to fall behind on payments or forget them altogether. Since payment history is the most important factor that influences your creditworthiness, not making payments on time can damage your credit score.

Credit Card Debt 52

Credit Card Debt Debt Consolidation Credit Unions Credit Unions 52

Credit Corp

DECEMBER 14, 2020

Community Development Financial Institutions, which include banks, credit unions, loan and venture funds, are making second-chance loans where others may fear to tread. “We While borrowers should expect a credit check , a poor credit score shouldn’t stop a borrower from exploring this option.

Lender 98

Lender Loans Financial Institution Personal loans 98

Troutman Sanders

JUNE 22, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Covered institutions include banks, savings associations, credit unions, and mortgage companies.

Financial services 52

Financial services Student loans Student Loans Financial Institution 52