Burt and Associates

OCTOBER 31, 2024

Introduction: Provides an overview of the CFPB’s enforcement actions addressing illegal debt collection practices in 2023. Case Summaries: Summarizes four specific enforcement actions taken by the CFPB against debt collection companies, highlighting the violations found and the remedies imposed. Enforcement 5.1

Collections 52

Collections Debt collector Education Fair Debt Collection 52

Troutman Sanders

JULY 11, 2023

The CFPB further alleged that the defendants made guarantees about lowering consumers’ credit card interest rates. The defendants also pitched a credit card debt elimination service, and alleged that they could access funds from the government or from a lawsuit against the credit card industry to pay off consumers’ credit card debt.

Financial services 40

Financial services Student loans Student Loans Credit Card Debt 40

True Accord

JANUARY 21, 2025

Meanwhile, millions of Americans may see significant changes to their credit reports in the coming months if they have either unpaid medical bills or student loans, but the effects of each are opposite. What Does This Mean for Debt Collection? for this year, increased to 3.0% at the three-year horizon, and declined to 2.7%

Student loans 83

Student loans Student Loans Credit Card Debt Financial Institution 83