Remove Consumer Credit Remove Foreclosure Remove Judgment
article thumbnail

Compliance Digest – February 24

Account Recovery

California Appeals Court Reverses Judgment in Debt Buyer Case A California Appeals Court has reversed a lower courts ruling in favor of a debt buyer, determining that consumers do not need to show actual damages to pursue statutory damages under the Fair Debt Buying Practices Act (FDBPA). Stay tuned! More details here.

article thumbnail

Make Sure to Verify a Debt Collection Affidavit Before Signing

FFGN COLLECT NY

Chase was one of 13 financial institution censured for robo-signing documents in support of debt collection suits and foreclosure. The banks’ actions harmed many consumerscredit, and the banks had to pay billions to borrowers. Domesticating a Foreign Sister State Judgment in New York: It’s in the Affidavit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Passage Of Debt Collection Bill Could Be A ‘Slippery Slope’ For Lenders

Collection Industry News

In a letter sent to the leaders of the House and Senate , CUNA President/CEO Jim Nussle stated his objections to section 403 of the bill, which would amend the Fair Credit Reporting Act to prohibit credit scoring models from treating certain medical debt information on consumerscredit report as a negative factor.

Lender 40
article thumbnail

How To Remove Fairway Collections From Your Credit Report

Better Credit Blog

Credit repair companies are expertly trained and well-equipped to handle a variety of consumer credit issues, including confronting debt collectors. Foreclosure. Start out by setting up a consultation with one of our top picks for the best credit repair companies. Charge-offs. Hard inquiries. Identity fraud.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On July 26, the CFPB published a blog focused on consumer credit scores. On July 25, a large credit reporting agency revealed to investors in regulatory filings that it’s facing a probe by the CFPB. The lawsuit alleges that the company and its owners scammed approximately 8,000 consumers throughout Texas and the U.S.

article thumbnail

What is Banana Republic SYNCB on My Credit Report?

Better Credit Blog

Depending on the extent of your credit problems, your best bet might be to work with a credit repair specialist. Credit repair companies are pros at disputing inaccuracies and getting them deleted from consumerscredit reports. Even more, they can assist you with challenging credit problems like: Bankruptcy.

Lender 52
article thumbnail

What is Banana Republic SYNCB on My Credit Report?

Better Credit Blog

Depending on the extent of your credit problems, your best bet might be to work with a credit repair specialist. Credit repair companies are pros at disputing inaccuracies and getting them deleted from consumerscredit reports. Even more, they can assist you with challenging credit problems like: Bankruptcy.

Lender 52