Fraser

NOVEMBER 23, 2022

Any business whose activities are “financial in nature or incidental to a financial activity” may fall under the regulation; such businesses include, but are not limited to, insurance companies, mortgage lenders and brokers, car dealers, payday lenders and finance companies, collection agencies, credit counselors and other financial advisors.

Credit Counselor 80

Credit Counselor Acquisition Lender Trade 80

Collection Industry News

DECEMBER 1, 2022

Collections agencies buy your unpaid credit card debt from your card issuer when your balance lingers too long — but that doesn’t mean it goes away. When a collections representative from your credit card issuer calls you, it’s usually because you haven’t made at least the minimum payment for at least 30 days.

Collections Agency 40

Collections Agency Collection Agencies Credit Card Debt Collections 40

Troutman Sanders

NOVEMBER 15, 2022

That deadline has now been extended by six months to June 9, 2023.

Credit Counselor 52

Credit Counselor Financial Institution Credit Unions Credit Unions 52

Better Credit Blog

APRIL 11, 2022

Debt is the amount of money you owe to a lender or creditor. Some examples of debt are mortgages, credit card dues, and personal loans. If your rate increases, your credit score will be negatively affected. You may be sent to collections. When this happens, your credit score drops. What is Debt? Debt Settlement.

Debt Consolidation 74

Debt Consolidation Debt settlement Credit Card Debt Bankruptcy 74

Credit Corp

FEBRUARY 9, 2024

Credit Counseling Immediate credit impact: None expected Long-term credit impact : None expected A credit counselor is a professional adviser who helps you manage and repay your debt. Counselors may offer free or low-cost consultations and educational materials.

Credit Counselor 52

Credit Counselor Debt Consolidation Debt settlement Bankruptcy 52