Collection Industry News
MAY 30, 2022
The CFPA includes a long list of exemptions to the CFPB’s authority, such as: merchants; retailers; accountants and tax preparers; attorneys engaged in the practice of law; persons regulated by the Securities and Exchange Commission; persons regulated by the Commodity Futures Trading Commission; and auto dealers.
Troutman Sanders
MARCH 8, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Representative Madeleine Dean reintroduced the Fair Debt Collection Practices for Servicemembers Act. On March 5, U.S.
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Better Credit Blog
FEBRUARY 25, 2021
Over the past 50 years, FFCC has collected debts in the following industries: Business to business. If you carry debt in any of those industries, the entry featured on your report could be legitimate. When you fail to keep up with payments to a service provider or lender, they often hand your debts off to collections agencies.
Better Credit Blog
FEBRUARY 24, 2021
If you’ve fallen behind on payments in an industry like one of the ones listed below, it could be to blame for the collections entry on your report: Bank credit cards. Retail cards. Fortunately, you have rights under the Fair Debt Collection Practices Act. Foreclosure. Telecommunications. Repossessions.
Better Credit Blog
FEBRUARY 24, 2021
If you’ve fallen behind on payments in an industry like one of the ones listed below, it could be to blame for the collections entry on your report: Bank credit cards. Retail cards. Fortunately, you have rights under the Fair Debt Collection Practices Act. Foreclosure. Telecommunications. Repossessions.
Better Credit Blog
FEBRUARY 12, 2021
While you may not be familiar with the agency, they collect for popular lenders and providers across several markets. If you have outstanding debt in any of the following industries, you could be contacted by EPR: Banking. You should also learn what your rights are under the Fair Debt Collection Practices Act.
Better Credit Blog
FEBRUARY 5, 2021
BRG Collections agency offers several levels of service, including pre-charge off and post-charge off collections for the following types of debt: Credit card. Many of Bison Recovery Group’s complaints are about their: Aggressive collection attempts. It sets clear standards for how debt collectors can interact with you.
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