Troutman Sanders
NOVEMBER 15, 2022
On November 10, the Federal Trade Commission (FTC) issued a policy statement, asserting its intention to renew and broadly apply its Section 5 authority under the FTC Act to challenge the “full array of anticompetitive behavior in the market.” For more information, click here. For more information, click here.
Troutman Sanders
FEBRUARY 21, 2024
On February 15, the CFPB published a blog recounting its action against a student loan debt relief business and a debt-settlement company. The CFPB alleged that the defendants charged thousands of consumers with federal student loans approximately $9.2 For more information, click here.
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Better Credit Blog
APRIL 11, 2022
Some examples of debt are mortgages, credit card dues, and personal loans. Although accruing lots of debt isn’t ideal, it may sometimes be unavoidable, such as mortgage payments or student loans. In other cases, such as credit card debt, it’s seen as a hardship and can have a negative impact. Bankruptcy.
Credit Corp
JUNE 1, 2021
Monthly expenses might include student loan payments, car payments, and credit card payments. Pay Student Loan Debt. Department of Education has extended loan payment forbearance, zero percent interest accrual, tax-free employer contribution benefits, and its pause on collections.
Debt Guru
JANUARY 27, 2021
If you’re feeling buried under the weight of multiple debts, a DMP might be the solution to escape the crush. How do I choose a debt management agency? The Federal Trade Commission recommends finding a reputable credit counseling organization that uses certified counselors trained in consumer credit and debt management.
Troutman Sanders
APRIL 19, 2021
On April 15, the Federal Trade Commission (FTC) announced the first enforcement action taken under the new COVID-19 Consumer Protection Act (COVID-19 CPA), which imposes monetary penalties on violators. The company was operating without registering as a debt settlement service provider as required by Minnesota law.
Troutman Sanders
JULY 26, 2021
On July 20, the House of Representatives passed the Consumer Protection and Recovery Act, which aims to revive the Federal Trade Commission’s (FTC) authority to return money to consumers harmed by companies found to engage in deceptive practices. For more information, click here. For more information, click here.
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