Va. firm could be held liable under Fair Debt Collection Practices Act
June 5, 2023 5:41 pmA federal lawsuit has been cleared to proceed against a Virginia-based law firm that prepared and sent delinquent rent notices on behalf... View Article
Categories for Headline News
CMBS Delinquency Rate Suffers Biggest Jump Since 2020
June 5, 2023 4:30 pmEroding demand for office space and high interest rates sent CMBS delinquency way up last month. The overall CMBS delinquency... View Article
CFPB Seeks Membership for Consumer Advisory Board
June 5, 2023 2:29 pmThe application period runs from July 3 to 16, and debt collection experts are encouraged to apply. The Consumer Financial... View Article
Why 22.8 Million Americans Might Have Just Gotten a Big Credit Score Boost
June 5, 2023 9:45 amThere are different factors that go into calculating a credit score. These include length of credit history, new credit accounts,... View Article
Chinese Debt Collector Suspends Business After Police Raids
June 5, 2023 8:56 amChinese debt collection giant Hunan Yongxiong Asset Management Group Co. Ltd. has suspended its business after a swathe of its... View Article
USPS Is Getting Rid of These Mailing Options at the End of the Month
June 5, 2023 7:52 amRecent changes from the U.S. Postal Service (USPS) have added some new burdens for customers. In the past few years,... View Article
Giesecke+Devrient selected as Digital First integrator in Mastercard
June 5, 2023 7:47 amGiesecke+Devrient (G+D) has expanded its role in the Mastercard Engage network and has become a Digital First integrator to enable... View Article
$25 million erased in Muskegon medical debt
June 5, 2023 6:19 amMUSKEGON, Mich. — Access Health, Inc. in Muskegon, along with RIP Medical Debt, has partnered up to erase over $25... View Article
JPMorgan Chase Announces More than $2 Million to Support Underserved Small Businesses in Detroit
June 5, 2023 6:01 amJune 5, 2023 (Detroit) – On Monday, JPMorgan Chase announced a new $2 million commitment of philanthropic capital to nonprofit... View Article
Banks Say New Capital Requirements Will Stifle Lending
June 5, 2023 5:56 amAmerican regulators are reportedly preparing to impose new capital requirements on the country’s larger banks. The changes, as reported Monday... View Article