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If you’ve been contacted by a debt collector within the past 12 months, a national survey – the first of its kind, actually – should interest you. The Consumer Financial Protection Bureau (CFPB) asked consumers nationwide about their experiences with debt collectors over the past 12 months. Here’s what they found out.
Entries Tagged as 'Debt Collection'
How Do Your Experiences with Debt Collectors Compare to National Survey?
January 12th, 2017 · No Comments · Debt Collection
Tags: debt collectors
Major Changes Coming to Debt Collection Market? CFPB Proposes Overhaul
July 28th, 2016 · No Comments · Debt Collection
Owing debt is stressful enough without debt collectors making it worse. We already have a debt validation process and laws against harassment, but the Consumer Financial Protection Bureau (CFPB) says we can do better. Thus, the proposed changes that overhaul the debt collection market.
Tags: debt collectors
Robocalls to Your Cellphone For Delinquent Federal Student Loans Should Be Capped at 3 Per Month: FCC
May 16th, 2016 · No Comments · Debt Collection
Until recently, debt collectors weren’t allowed to robocall your cellphone without your permission. That changed last year when Congress decided to make an exception. If you’re delinquent on debt owed to the federal government, debt collectors no longer need your permission to robocall your cellphone. Fortunately, the Federal Communications Commission (FCC) has an opportunity to […]
Tags: debt collectors·Student Loans