Remove Collection Companies Remove Consumer Credit Remove Credit Card Debt
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A New Era for Debt Collection?

Burt and Associates

Consumer Complaints 3.1 CFPB Complaints: Presents data on the number and types of debt collection complaints received by the CFPB in 2023. Company Responses: Analyzes the responses of companies to debt collection complaints, including the types of relief provided. Enforcement 5.1

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

According to the FTC’s June 2016 complaint, brought jointly with the Florida attorney general, the defendants called consumers via robocalls to sell credit card interest rate reduction services. The CFPB further alleged that the defendants made guarantees about lowering consumerscredit card interest rates.

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Q4 Industry Insights: Looking Good on Paper, Feeling Bad in Wallets, Everyone’s Uncertain on Financial Outlook

True Accord

CFPB Looks at Medical Debt, Student Loans and So Much Data Medical debt wasnt the only focus for the Consumer Financial Protection Bureau in Q4. Moreover, many consumers, and especially those having trouble paying their monthly bills, report maxing out their cards regularly and using installment plans to cover basic necessities.