It’s not unusual for a government agency to go after rogue debt collectors, but it’s rare that those collection firms are operating on behalf of another federal agency.
debt collection
Is That a Debt Collector Trying to Call Your Cell?
The debt-collection industry has launched a push to modernize the laws that govern how they do business and what they’re allowed to do, and new legislation under consideration in Congress would give them the right to do so if …
What Do You Think the CFPB Should Crack Down On?
A consortium of consumer groups led by the National Consumer Law Center submitted a detailed comment letter to the Consumer Financial Protection Bureau. It’s a wish list of sorts, a round-up of shady business models and practices that part unsuspecting Americans from their money.
Should Medical Debt Hurt Your Credit?
Of all the annoying things about your credit score, the one that turns people’s crank the most is how medical debt can tarnish it. That’s understandable. Nobody plans to get sick, healthcare costs are skyrocketing and a lot of …
How to Outsmart a Debt Collector
Bob Brooks is a 17-year veteran in the financial services and investment industry, the author of a new book about avoiding credit and debt traps, and a radio show host who counsels callers about financial issues “from a Christian perspective.” One of his messages: When a debt collector is harassing you, it’s not the time to turn the other cheek.
