Creditworthiness Government Judgment Lender 
Collection Industry News
MAY 18, 2021
While consumer groups praised the bill for its recourse for consumers harassed by debt collectors, CUNA and NAFCU saw the bill as complicating the legal relationship between consumers, members and lenders. In the letter, Nussle stated, “Lenders rely on complete and accurate credit reports when underwriting loans.
Debt Free Colorado
FEBRUARY 21, 2022
The CFDCPA does not apply to anyone who collects their debts or government personnel in the United States. The Uniform Consumer Credit Code (UCCC) is a Colorado state legislation governing how consumer credit is handled. Consumer credit transactions are governed by the UCCC, which is a code of conduct.
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Credit Corp
MAY 23, 2021
Incorrect Personal Information Lender Inquiries You Don’t Recognize Accounts You Never Opened Credit Utilization Goes Up Credit Score Goes Up or Down Unexpectedly Public Records You Don’t Recognize. Warning Sign 2: Lender Inquiries You Don’t Recognize. Negative public records can substantially impact your creditworthiness.
Collection Industry News
JUNE 1, 2023
This presents a substantial opportunity for debt collection agencies to assist lenders in recovering unpaid debts and managing default risks. Governments and regulatory bodies continually strive to strike a balance between consumer protection and enabling efficient debt recovery.
Troutman Sanders
MAY 9, 2023
On May 4, the White House published technology standard document “United States Government National Standards Strategy for Critical and Emerging Technology.” For more information, click here. competitiveness and national security ….” For more information, click here.
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