Public Citizen

OCTOBER 24, 2020

  In addition, the Symposium welcomes discussion over the recent decision by the Uniform Law Commission to address debt collection efforts by third-party debt collectors or buyers based on default judgments. 

Third-party Debt Collectors 69

Third-party Debt Collectors Student loans Student Loans Law Firms 69

Debt Free Colorado

JUNE 18, 2024

You may be considering Chapter 7 bankruptcy. Consulting with a Chapter 7 bankruptcy attorney in Boulder, CO, can help determine if it is the right solution. Our blog will provide a general overview of Chapter 7 bankruptcy. Quick Summary: Chapter 7 bankruptcy allows individuals to discharge most unsecured debts.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Creditors Garnishment Unsecured Debt 52

Troutman Sanders

MARCH 2, 2021

As we navigate an unprecedented volume of industry regulation, Troutman Pepper is uniquely positioned to help its clients find successful resolutions and stay ahead of the compliance curve.

Financial services 52

Financial services Bankruptcy Consumer Credit Banks 52

Troutman Sanders

FEBRUARY 1, 2024

Chris Willis, co-chair of the CFS Regulatory Practice, Announces the Publication of the 2023 CFS Year in Review and A Look Ahead To access the report and to learn about our complementary webinar and podcast offerings, please click here. To download and share our report, please click here.

Financial services 52

Financial services Bankruptcy Consumer Credit Banks 52

Troutman Sanders

JANUARY 28, 2022

As we navigate an unprecedented volume of industry regulation, Troutman Pepper is uniquely positioned to help its clients find successful resolutions and stay ahead of the curve.

Financial services 52

Financial services Bankruptcy Consumer Credit Banks 52

Credit Corp

JUNE 3, 2020

The Consumer Credit Protection Act caps these types of garnishments. For a more permanent solution, you may want to consider filing bankruptcy. Speak with a bankruptcy lawyer to learn whether this will help your situation. The judgment creditor may be willing to settle if they fear you will otherwise file bankruptcy.

Judgment 98

Judgment Garnishment Creditors Law Firms 98

Consumer Financial Services Law

MARCH 4, 2018

The CFPB recently issued its second Quarterly Consumer Credit Trends Report which examines the impact of changes to credit reporting regarding the reporting of civil public records. In 2015, the three major credit reporting agencies (“CRAs”) entered into settlements with over thirty states.

Bankruptcy 40

Bankruptcy Judgment Consumer Credit Collections 40

Titan Consulting

MAY 17, 2020

Rent Bureau , now owned by the credit bureau Experian, electronically compiles rental data from property management companies and individual landlords. Rental agencies and alternative credit providers use the data to screen applicants and establish consumer credit scores.

Lender 98

Lender Debt Consolidation Creditworthiness Credit Card Debt 98

Credit Corp

JANUARY 24, 2024

Table of Contents: What Is the Minimum Credit Score for a VA Loan? Compensating Factors Your Lender May Take Into Account Other VA Loan Requirements How to Get a VA Loan After Bankruptcy or Foreclosure Who Qualifies for a VA Loan? Here’s an overview of how to get a loan after foreclosure or bankruptcy.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Loans Chapter 7 bankruptcy Foreclosure 52

Credit Corp

JUNE 8, 2023

Using credit irresponsibly by making late payments and maxing out credit limits can have an affect your credit negatively and lower your credit score. How Does Credit Reporting Work? Public records such as bankruptcies, tax liens and judgments can also appear on your reports.

Lender 98

Lender Loans Creditors Credit Unions 98

Troutman Sanders

JANUARY 19, 2022

ruling that the plaintiff failed to specifically allege facts to support an inference that Navient Corporation and Navient Solutions LLC violated the Fair Credit Reporting Act (FCRA) and the California Consumer Credit Reporting Agencies Act (CCRAA). Navient Corp.

Student loans 52

Student loans Student Loans Loans Bankruptcy 52

Credit Corp

FEBRUARY 9, 2024

While individual lenders may care that a credit counseling agency is repaying your accounts, FICO does not. Since FICO is the leading data analytics company responsible for calculating consumer credit risk, a DMP will not adversely affect your credit.

Credit Counselor 52

Credit Counselor Debt Consolidation Debt settlement Bankruptcy 52

Collection Industry News

JANUARY 19, 2021

The Taskforce issued over 100 recommendations, of which seven were directly focused on improving consumer credit reporting and the Fair Credit Reporting Act (“FCRA”) and consumer credit reporting generally. The Bureau should assess periodically the accuracy and completeness of consumer credit reports.

Consumer Credit 40

Consumer Credit Bankruptcy Financial services Government 40

Titan Consulting

MAY 3, 2020

All three for-profit credit reporting agencies, Experian, Equifax and Transunion compile and report consumer credit and debt payment activity and sell this consumer information to lenders seeking to grant credit. Here’s why: Who Decides Your Credit Score? Key Takeaways.

Credit Bureau 56

Credit Bureau Lender Retrieval Debt Consolidation 56

Consumer Financial Services Law

FEBRUARY 10, 2020

The Report identifies credit scoring and credit reporting as a source of major concern for consumers. Specifically, the report notes that the reporting of collections and bankruptcies have a significant impact on consumer credit scores and upon consumer lending.

Bankruptcy 40

Bankruptcy Financial services Consumer Credit Collections 40

Better Credit Blog

JANUARY 20, 2022

You can use several methods: Consumer credit counseling. Bankruptcy. If you have no other recourse, bankruptcy is the ultimate solution to debt. However, it can have a devastating impact on your credit rating, and you’ll need to prove that you have no possibility whatsoever of paying off what you owe.

Creditors 76

Creditors Credit Card Debt Unsecured Debt Debt settlement 76

True Accord

APRIL 5, 2023

Directly impacting creditors and debt collectors, a January ruling from the District Court of Puerto Rico found that sending debt collection communications prior to any knowledge of a debtor’s bankruptcy filing is not a violation of the Fair Debt Collection Practices Act (FDCPA). consumer credit card debt has increased to nearly $1 trillion.

Student loans 102

Student loans Student Loans Credit Card Debt Loans 102

Collection Industry News

AUGUST 25, 2024

The report is based on data from the New York Fed’s nationally representative Consumer Credit Panel. The New York Fed also issued an accompanying Liberty Street Economics blog post examining growing balances of home equity lines of credit (HELOC). of credit card balances and 8.0% Over the last year, approximately 9.1%

Student loans 40

Student loans Student Loans Credit Card Debt Loans 40

The Kaplan Group

OCTOBER 19, 2020

Credit Counselor. A credit counselor is certified and trained in consumer credit, money and debt management, and budgeting. The United States Trustee Program also keeps a list of credit counseling agencies approved to provide pre-bankruptcy counseling. Debt Settlement Services.

Credit Counselor 59

Credit Counselor Garnishment Debt settlement Fair Debt Collection 59

Debt Guru

JANUARY 27, 2021

The Federal Trade Commission recommends finding a reputable credit counseling organization that uses certified counselors trained in consumer credit and debt management. If a DMP isn’t for you, you have other options, including: Debt consolidation loans have terms and qualifying for them depends on your credit score.

Debt Management 52

Debt Management Unsecured Debt Debt Consolidation Creditors 52

Collection Industry News

MARCH 7, 2022

More than half of the debt that appears on credit reports as being in collection stems from medical bills, the agency found. Unpaid medical bills became a bigger concern during the pandemic, and now, a federal consumer agency is considering whether those debts should be banned from consumer credit reports.

Collection Agencies 52

Collection Agencies Collections Agency Lender Medical Bills Collections 52

Credit Corp

MAY 30, 2023

The Consumer Credit Protection Act caps these types of garnishments. For a more permanent solution, you may want to consider filing bankruptcy. Speak with a bankruptcy lawyer to learn whether this will help your situation. The judgment creditor may be willing to settle if they fear you will otherwise file bankruptcy.

Judgment 75

Judgment Garnishment Creditors Law Firms 75

Better Credit Blog

FEBRUARY 15, 2021

If you’re stressing out about dealing with Fairway, you may want to look into working with a credit repair company. Credit repair companies are expertly trained and well-equipped to handle a variety of consumer credit issues, including confronting debt collectors. Charge-offs. Foreclosure. Hard inquiries.

Collections 74

Collections Collection Agencies Collections Agency Debt collector 74

Better Credit Blog

MAY 12, 2022

For years, civil judgments appeared on the public records section of your credit report, pulling down your credit score just like bankruptcy or charge-off would. Now, through the NCAP, Experian, TransUnion, and Equifax have stopped including civil judgments in your credit report. Here are some strategies I suggest.

Judgment 71

Judgment Creditors Debt collector Collection Agencies 71

Collection Industry News

JANUARY 13, 2021

The Taskforce was in part inspired by the National Commission on Consumer Finance, which was established by the Consumer Credit Protection Act in 1968 to conduct original research and provide recommendations relating to the regulation of consumer credit. To read the Taskforce Report Volume I click here: [link] .

Consumer Credit 40

Consumer Credit Creditworthiness Banks Education 40

Better Credit Blog

DECEMBER 2, 2020

Depending on the extent of your credit problems, your best bet might be to work with a credit repair specialist. Credit repair companies are pros at disputing inaccuracies and getting them deleted from consumers’ credit reports. Even more, they can assist you with challenging credit problems like: Bankruptcy.

Lender 52

Lender Repossession Loans Foreclosure 52

Better Credit Blog

DECEMBER 2, 2020

Depending on the extent of your credit problems, your best bet might be to work with a credit repair specialist. Credit repair companies are pros at disputing inaccuracies and getting them deleted from consumers’ credit reports. Even more, they can assist you with challenging credit problems like: Bankruptcy.

Lender 52

Lender Repossession Loans Foreclosure 52

Collection Industry News

MAY 23, 2022

– Come July 1, 2022, paid medical collection debt won’t be used for credit scores and unpaid medical debt won’t appear for a full year, according to the three main credit reporting agencies (NCRAs) – Equifax, Experian and TransUnion. The move follows months of industry research.

Healthcare 40

Healthcare Consumer Credit Education Collections 40

Credit Corp

MARCH 21, 2023

According to the Federal Reserve’s Consumer Credit report, 43.5 Not only can you not declare bankruptcy on many forms of student loan debt, but it can also harm your credit. If you owe tens of thousands of dollars in student loan debt, you’re not alone. That’s 13 percent of the population.

Student loans 98

Student loans Student Loans Loans Education 98

Better Credit Blog

DECEMBER 18, 2020

While you may have applied for a loan from a popular lender or bank, their name isn’t necessarily the one that will appear on your credit report. Instead, banks, lenders, and other financial institutions turn to consumer credit reporting companies like CBCInnovis to vet applicants. Charge offs. Debt in collections. Foreclosures.

Lender 52

Lender Loans Foreclosure Financial Institution 52

Better Credit Blog

NOVEMBER 23, 2020

Lenders and service providers turn to companies like ACRAnet in order to obtain consumer credit reports to aid them in their approval process. National Consumer Reporting Association. They deal with more than just hard inquiries, too, helping people to rebuild their credit in the aftermath of: Bankruptcy.

Loans 52

Loans Lender Legal Rights Foreclosure 52

Titan Consulting

MAY 10, 2020

In the last 30 years, the Fair Isaac and Company, better known as FICO, changed the way the lenders evaluate consumer applications. The FICO score, introduced in 1989, uses consumer credit payment history, to create a proprietary three-digit number predicting future repayment risk.

Retrieval 52

Retrieval Lender Debt Consolidation Loans 52

Better Credit Blog

JANUARY 29, 2021

You may want to work with a credit repair company. There are several excellent credit repair companies that are experts at disputing inaccuracies and improving consumers’ credit scores. In addition to disputing hard inquiries, they can also assist you with: Bankruptcy. Charge-offs. Debt collectors. Foreclosure.

Repossession 52

Repossession Loans Foreclosure Financial Institution 52

Better Credit Blog

JANUARY 29, 2021

They’re pros at getting inaccurate hard inquires removed from consumer credit reports. A credit repair company is also a great asset if you’re facing any of the following: Bankruptcy. Charge offs. Debt collections. Foreclosure.

Repossession 52

Repossession Banks Loans Foreclosure 52

Better Credit Blog

JANUARY 13, 2021

Data Facts is a credit reporting company that is primarily used by employers to vet applicants. They run background checks on prospective employees, accessing documents like consumer credit reports to assess their financial responsibility. A credit repair company can take the stress out of improving your credit.

Lender 52

Lender Loans Foreclosure Bankruptcy 52

Better Credit Blog

JANUARY 27, 2021

RentGrow On Your Credit Report. RentGrow is an agency that obtains consumer credit reports for landlords. Whether your biggest concern is a hard inquiry or you’re battling lots of credit problems, they’ll have your back. Here are a few of the credit issues they can help out with: Bad payment history. Bankruptcy.

Repossession 52

Repossession Lender Foreclosure Credit Bureau 52

Better Credit Blog

DECEMBER 31, 2020

Citi is a popular bank that provides credit cards for a wide range of retail stores like The Home Depot. With The Home Depot, in particular, Citi offers four credit options: Consumer Credit Card. When you apply for any one of these cards, loans, or credit accounts, you authorize Citibank to run a hard credit check.

Retail 52

Retail Lender Loans Repossession 52