The Federal Trade Commission (FTC) enforces the Fair Debt Collection Practices Act (FDCPA) in the United States. The FDCPA prohibits debt collectors from using abusive, unfair, or deceptive practices ...
When most people think of debt collection, they picture aggressive phone calls, shady tactics, and a cold process that leaves ...
The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...
Learn the FDCPA's rules on how debt collectors can contact debtors, your rights, and what to do if harassed—key to protecting financial well-being.
The Federal Trade Commission says that Florida is one of the highest-ranking states for debt collection calls. At least ...
According to the Federal Trade Commission, there has been a 150% increase in debt collection calls per capita this year.
The Social Security Administration (SSA) can report debts over $3,000 to credit agencies, impacting your credit score. Understanding the conditions and your options is crucial to managing these debts ...