Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
Unsecured debt refers to loans that are not backed by collateral. Because they are riskier for the lender, they often carry ...
Debt collection is a legitimate business — when done legally. But too often, debt collectors choose to push the boundaries, especially when they assume the person on the other end of the line isn't ...
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
[00:00] Rachel Rogers: Foreign. [00:22] Melissa Tulis Smith: Hello and welcome to the podcast series Creditors Corner Legal Talk, presented by Smith Debnum, Attorneys at Law, where we explore a range ...
Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...
As part of ongoing efforts from the Trump administration to streamline regulatory efforts, the Consumer Financial Protection Bureau (CFPB) is proposing changes to Larger Market Participant thresholds, ...
Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...