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Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

Knowing illegal debt collection practices can help identify when you’re being treated unfairly. The Fair Debt Collection Practices Act is a federal law that protects consumers against certain unfair collection practices. Attempts to Collect a Debt Not Owed. Debt Collection Laws.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The bill additionally leaves room for assets that don’t fit neatly into either category. The interim final rule contains updates to reflect the subsequent enactment of the Adjustable Interest Rate (LIBOR) Act and issuance of an implementing regulation by the Board of Governors of the Federal Reserve Board System.