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Meanwhile, millions of Americans may see significant changes to their credit reports in the coming months if they have either unpaid medical bills or studentloans, but the effects of each are opposite. for this year, increased to 3.0% at the three-year horizon, and declined to 2.7% at the five-year horizon.
million to consumers who were allegedly charged illegal fees to reduce or eliminate their federal studentloans. In July 2020, the CFPB settled with a studentloan debt-relief services company for violating the Telemarketing Sales Rule. Abusive Telemarketing Acts or Practices). For more information, click here.
Debt Not Owed: Examines consumer complaints about medical debt collection for debts not actually owed, often stemming from billing errors or insufficient information provided to consumers. Conclusion: Summarizes the key findings and trends in medical and rental debt collection. Introduction and Spotlight on Medical and Rental Debt 1.1
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