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Entries Tagged as 'Debt Collection'

Robocalls to Your Cellphone For Delinquent Federal Student Loans Should Be Capped at 3 Per Month: FCC

May 16th, 2016 · Comments Off on Robocalls to Your Cellphone For Delinquent Federal Student Loans Should Be Capped at 3 Per Month: FCC · 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 […]

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Attorneys Filed Debt Lawsuits After 30-Second Case Reviews: CFPB

April 26th, 2016 · Comments Off on Attorneys Filed Debt Lawsuits After 30-Second Case Reviews: CFPB · Debt Collection

Less than 30 seconds. That’s how long Pressler & Pressler attorneys sometimes spent reviewing debt lawsuits before filing them. Cases that received more attention than that generally got “less than a few minutes.”

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Banks Getting Smarter About Debt Collection: CreditVision Recovery Model

March 23rd, 2016 · Comments Off on Banks Getting Smarter About Debt Collection: CreditVision Recovery Model · Debt Collection

Instead of wasting time and money going after debt they’re least likely to recover, banks and credit unions are getting smarter about which debts to prioritize first. That’s thanks to a new recovery model that increases recovered dollars by up to 9 percent. Before you pay a debt during the credit repair process, find out how the CreditVision recovery model works.

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