On September 5, 2024, the Consumer Financial Protection Bureau (CFPB) released its annual report on debt collection, drawing attention to a range of activities with respect to medical and rental debt ...

The most frequent consumer debt collection complaints filed with the CFPB in 2023 were attempts to collect debts that actually were not owed, the bureau said in its annual Fair Debt Collection ...

DAYTON — Complaints about aggressive debt collectors are on the rise as more people find themselves living paycheck to paycheck. Sam Brashears, a single mom working as an appointment scheduler, has ...

More than 100 million Americans struggle with medical debt, and medical debt is the largest source of debt in collection across the country, according to the White House. The bills are prone to errors ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. In 2023 alone, the Consumer Financial ...

More and more Pennsylvanians are swiping credit cards and finding themselves in too much debt for comfort. But when the debt collection companies start calling, most people don't know what to do. If ...

A: You are a target if you do not strictly follow the Fair Debt Collection Practices Act (FDCPA). See 15 U.S.C. s. 1692, et seq. The FDCPA prohibits debt collectors from using abusive, unfair, or ...

The CFPB’s role in enforcing consumer protections may diminish as the federal agency undergoes changes and possible elimination. Consumers can still report issues to the FTC, OCC and state attorneys ...

What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...

Fall behind on a debt payment and your phone will start ringing off the hook. The Federal Trade Commission says that Florida is one of the highest-ranking states for debt collection calls. At least 31 ...

Social Security benefits are legally protected from creditors, but only certain ones. Here's what's off-limits.