by Kevin Fallon McCarthy | May 21, 2015 | Debt Collectors, Debt Settlement, Stopping Creditor Harassment
CFPB Report on Debt Collection Industry Released The Consumer Financial Protection Bureau (CFPB) issued an annual report that examines the debt collection industry, consumer complaints, supervisory activities, enforcement actions, and consumer education and...
by Kevin Fallon McCarthy | May 6, 2015 | Debt Collectors, Stopping Creditor Harassment, Why Hire an Attorney?
Debt Collectors Shut Down by CFPB The Consumer Financial Protection Bureau (CFPB) recently took action against a debt collection ring that was robo-calling its debtors and harassing them incessantly. The collectors used bogus names to collect, such as “LRS...
by Kevin Fallon McCarthy | Mar 7, 2015 | Stopping Creditor Harassment, Student Loan Debt, Student Loan Debt Settlement
Feds Cut-off Student Loan Debt Collector Navient According to Bloomberg.com, “The U.S. Education Department, citing ‘inaccurate representations’ to student-loan borrowers, will end debt-collection contracts with Navient Corp. and four other student...
by Kevin Fallon McCarthy | Feb 2, 2015 | Debt Collectors, Debt Relief in California, Payday Loans, Stopping Creditor Harassment
Los Angeles, CA February 2, 2015. Payday loans have long been a source of numerous consumer complaints. The federal government, troubled by these numerous complaints, is putting together first ever legislation aimed at regulating this high interest lending industry....
by Kevin Fallon McCarthy | Jan 26, 2015 | Credit Card Debt, Credit Score, Debt Collectors, Stopping Creditor Harassment, Why Hire an Attorney?
Here is a basic consumer tip that every professional in the finance industry can agree on: be vigilant about your credit report. Several consumer institutions are reporting mistakes on about 25% of credit reports. That’s one in four consumers....
by Kevin Fallon McCarthy | Jan 19, 2015 | Debt Collectors, Debt Relief, Medical Debt, Stopping Creditor Harassment, Why Hire an Attorney?
Millions of Americans each month find themselves making late payments to their creditors. If this has happened to you, then it is almost certain that you have received a dreaded collection call. Debt collectors are known for their relentless hounding and will often...
