Account Recovery

JANUARY 16, 2024

The Attorney General of Massachusetts has announced that one of the nation’s largest servicers of student loans will pay a fine of $1.8 million after it was accused of failing to communicate with borrowers about renewing income driven repayment programs.

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Student loans Student Loans Loans 147

Consumer Finance

JANUARY 16, 2024

The CFPB today proposed a rule to rein in excessive overdraft fees charged by the nation’s biggest financial institutions.

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Financial Institution Banks Financial services 145

Account Recovery

JANUARY 16, 2024

Collector Facing Class-Action For Sending Email to Plaintiff, 26 Others Judge Denies Competing Summary Judgment Motions in FCRA Case Over Dispute Investigation Student Loan Servicer Fined $1.

Judgment 147

Judgment Student loans Student Loans Loans 147

UK debt collections

JANUARY 16, 2024

Unpaid Rent with the cost of living crisis are continuing to impact nearly every area of our daily lives. New research has revealed that landlords are growing increasingly concerned about their tenant’s ability to pay their rent , with 44% admitting this is a big stressor for them as we head into the new year. Landlords owed an average of £725 in unpaid rent According to the survey, landlords in the UK are experiencing an average of 2.9 late payments per year, though this does differ slig

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Government Collections 59

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

JANUARY 16, 2024

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

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Account Recovery

JANUARY 16, 2024

A District Court judge in Nevada has denied competing motions for summary judgment from both the plaintiff and the defendant in a Fair Credit Reporting Act case related to whether the investigation conducted by the defendant was adequate or not after the plaintiff disputed the debt.

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Judgment Collections 130

Account Recovery

JANUARY 16, 2024

More than 2 million new phone numbers were added to the national Do Not Call Registry for the 12-month period ending Sept. 30, 2023, according to a report on the database released by the Federal Trade Commission last week. The FTC also reported receiving 2 million complaints from consumers during the same period.

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Trade 130