Account Recovery

MARCH 11, 2025

Why it matters: For professionals in debt collection agencies, debt buying companies, fintechs, banks, credit unions, and consumer finance firms, these findings underscore a growing vulnerability among older borrowers.

Credit Card Debt 130

Credit Card Debt Credit Unions Credit Unions Debt Buying 130

FFGN COLLECT NY

DECEMBER 12, 2023

Suppose you are under constant pressure from these agencies and their legal representatives to settle your debt. In this case, you should uphold your consumer rights to ensure ethical practices during the debt collection process. Consumers must be aware that the debt they are being collected for is valid.

Debtor 52

Debtor Debt collector Debt Buying Original Creditor 52

Troutman Sanders

OCTOBER 19, 2021

Federal Activities: On October 15, the Department of Education announced the establishment of an Office of Enforcement within Federal Student Aid, reporting directly to the chief operating officer. On October 26, the Nevada’s Financial Institutions Division is holding a workshop on regulations pertaining to medical debt collections and S.B.

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Collection Industry News

MAY 3, 2021

The seven-member committee will provide critical feedback to the DFPI as it creates its debt collection licensing program. The diverse group includes a consumer advocate and representatives from the debt collection, debt buying, third-party collection, and collection law industries, according to a news release from the DFPI.

Collections 40

Collections Debt collector Debt Buying Government 40