Debt collector Loans Student Loans Third-party Debt Collectors 
Public Citizen
OCTOBER 24, 2020
In addition, the Symposium welcomes discussion over the recent decision by the Uniform Law Commission to address debt collection efforts by third-party debt collectors or buyers based on default judgments.
Better Credit Blog
AUGUST 31, 2020
Having debt in collections can be downright overwhelming, especially when debt collectors bombard you with dozens of phone calls. Debt collectors are notorious for harassing consumers when they seek repayment, calling excessively and threatening to take actions that may not be legal. Table of Contents.
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Better Credit Blog
AUGUST 25, 2020
The agency collects on several types of debts, like credit cards, utility bills, student loans, medical bills, and auto loans. When you fall behind on payments, businesses often turn to collection agencies to seek repayment, either selling them the debt outright or paying for their assistance.
Better Credit Blog
SEPTEMBER 23, 2020
When debt reaches collections, it can hurt your credit score and leave you on the receiving end of seemingly nonstop phone calls and letters. While dealing with debt collectors can seem daunting, the tips below can help you to stop the agency’s calls and get them off your credit report. Medical debt. Retail debt.
Troutman Sanders
DECEMBER 21, 2021
Department of Education’s decision to terminate its federal student loan contracts with private collection agencies. State Activities: On December 15, the New York Department of Financial Services released a notice of proposed rulemaking (NPRM) for third-party debt collectors and debt buyers.
Troutman Sanders
OCTOBER 9, 2023
The FTC alleged that the defendants pretended to be affiliated with the Department of Education, charged illegal junk fees, and offered students loan forgiveness promises that were not fulfilled. For more information, click here. mail or other delivery service, prohibiting the use of oral or electronic validation.
Better Credit Blog
NOVEMBER 4, 2020
Your credit score has more of an impact on your life than you might realize, often acting as the deciding factor when you want to buy a house, purchase a car with financing, or get a student loan. While it appears as a collections account on your credit report , RCS is a third-party debt collection agency, and it’s completely legit.
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