Account Recovery
JANUARY 16, 2024
The Attorney General of Massachusetts has announced that one of the nation’s largest servicers of student loans will pay a fine of $1.8 million after it was accused of failing to communicate with borrowers about renewing income driven repayment programs.
Consumer Finance
JANUARY 16, 2024
The CFPB today proposed a rule to rein in excessive overdraft fees charged by the nation’s biggest financial institutions.
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Account Recovery
JANUARY 16, 2024
Collector Facing Class-Action For Sending Email to Plaintiff, 26 Others Judge Denies Competing Summary Judgment Motions in FCRA Case Over Dispute Investigation Student Loan Servicer Fined $1.
UK debt collections
JANUARY 16, 2024
Unpaid Rent with the cost of living crisis are continuing to impact nearly every area of our daily lives. New research has revealed that landlords are growing increasingly concerned about their tenant’s ability to pay their rent , with 44% admitting this is a big stressor for them as we head into the new year. Landlords owed an average of £725 in unpaid rent According to the survey, landlords in the UK are experiencing an average of 2.9 late payments per year, though this does differ slig
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Account Recovery
JANUARY 16, 2024
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
JANUARY 16, 2024
A District Court judge in Nevada has denied competing motions for summary judgment from both the plaintiff and the defendant in a Fair Credit Reporting Act case related to whether the investigation conducted by the defendant was adequate or not after the plaintiff disputed the debt.
Account Recovery
JANUARY 16, 2024
More than 2 million new phone numbers were added to the national Do Not Call Registry for the 12-month period ending Sept. 30, 2023, according to a report on the database released by the Federal Trade Commission last week. The FTC also reported receiving 2 million complaints from consumers during the same period.
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