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Debt Collection Now and Post-Covid

Nexa Collect

The number of those actually furnishing payment information to the consumer reporting agencies has decreased in the last 10 years. In 2013, it was at 88%. 4, March 2013 ). A report released by the Consumer Financial Protection Bureau placed the number of reported payments on credit card accounts at 40% in 2020. drop from 2019.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On March 20, the CFPB announced that approximately 4,394 HMDA filers can now obtain their 2022 Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data on the Federal Financial Institutions Examination Council’s HMDA Platform. For more information, click here.

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Explained: The Adrenaline-Driven Rise to GameStop Stock

Credit Corp

GameStop, a dying video game retailer, has blown past epic proportions to the point of hitting all-time highs in the stock market. Similar to BlockBuster, people stopped buying video games in-person at retail stores. They embarked on new initiatives, including the acquisition of Spring Mobile in 2013.

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