Account Recovery

OCTOBER 11, 2024

The credit and collection sector could be next. Why it matters: As collection agencies, debt buyers, fintechs, banks, and credit unions seek to improve consumer engagement, LLMs offer a potential solution for more natural and effective communication.

Credit Unions 130

Credit Unions Credit Unions Collections Fair Debt Collection 130

Troutman Sanders

SEPTEMBER 8, 2023

Mountain America Federal Credit Union , the plaintiff became delinquent on a credit card account with her credit union. The credit union then assigned the debt to a third-party collection agency. In Hansen v. A copy of the order is available here.

Original Creditor 59

Original Creditor Collections Agency Collection Agencies Credit Unions 59

Troutman Sanders

AUGUST 19, 2020

The DCLA would prohibit a person from engaging in the business of collecting on a consumer debt in this state without a license and comply with reporting, examination, and other oversight by the California Department of Business Oversight (DBO). The DCLA already passed in the California Senate 29-4.

Credit Unions 59

Credit Unions Credit Unions Collections Fair Debt Collection 59

Credit Corp

AUGUST 24, 2020

Two of the most common are coming up with enough money to pay off the debt and negotiating a payment plan or settlement you can afford. Once you’ve accomplished these tasks, you may still be wondering how to pay collections to a debt collection agency. Find out how to pay collections below.

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Collections Debt collector Collection Agencies Collections Agency 69

Better Credit Blog

AUGUST 31, 2020

ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-party debt collector, which means that they may be hired by your original creditor, or they may purchase your old debt on the chance that you pay them instead. How to Remove ConServe from Your Credit Report.

Third-party Debt Collectors 52

Third-party Debt Collectors Debt collector Original Creditor Creditors 52

Troutman Sanders

JANUARY 9, 2024

On January 2, the CFPB published a blog titled, “Holding Debt Collectors Responsible for False Statements.” CICA Collection Agency, a First Circuit case in which the CFPB has filed an amicus brief. The debt collector claimed that they were only responsible under the law when they intended to say something false.

Financial services 52

Financial services Student Loans Student loans Debt collector 52

Better Credit Blog

SEPTEMBER 4, 2020

Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request that Rausch Sturm communicates with you strictly through U.S. Their assistance can help you clean up your credit report and begin to rebuild your credit score. Ask Sky Blue for Help. What is Rausch Sturm?

Debt collector 52

Debt collector Collections Credit Unions Credit Unions 52