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 ...
Feel sick every time the phone rings? You’re not alone.
Debt collection scams can be one of the most frightening and persistent scam types. Victims often report that scammers harass them or their family members for weeks or even months, both at home and at ...
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 ...
Debt collectors don’t always play by the rules, and with scams on the rise, it’s important to take precautions to protect ...
US HOW TO HANDLE THOSE CALLS. YOU MAY NOT KNOW IT, BUT AS A CONSUMER, YOU’VE GOT A BOATLOAD OF RIGHTS, RULES AND REGULATIONS THAT WORK IN YOUR FAVOR WHEN DEALING WITH DEBT COLLECTORS. A VIEWER ...
DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...
The Consumer Financial Protection Bureau issued an advisory opinion on Oct. 1 warning debt collectors — including third-party revenue cycle management companies — that they are violating federal law ...
Debt collectors have a reputation - and in some cases, a well-deserved one - for being unpleasant and intimidating. While the Fair Debt Collection Practices Act (FDCPA) was created to limit how far ...
Americans have accumulated more debt now than ever before. According to the Federal Reserve Bank of New York, between mortgages, auto loans, credit cards and other loans, Americans had $18.04 trillion ...
In January 2012, Asset Acceptance LLC, one of the nation's largest consumer debt buyers, agreed to pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it made a range of ...
People shouldn’t be “pushed into ruin” if they get sick and are unable to pay medical debt, says Democratic Assemblymember Max Carter. Carter has introduced legislation to prohibit health care ...
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