Is it better to settle a debt with "Settled in Full" or "Paid in Full" notation on the credit report? During the credit repair process it is often necessary to settled a debt. Doing it the right way can help improve the credit scores and eliminate future problems. What is the difference in "Settled in [...]
A nationwide and cross-border crackdown on auto sales, including loan modifications, has included 252 enforcement actions. Collection & Credit Risk
The credit card market gained strength in last years third quarter, with more new accounts and higher monthly purchase volumes across all risk categories, according to the American Bankers Associations latest Credit Card Market Monitor. Collection & Credit Risk
U.S. Sen. Sherrod Brown, D-Ohio, announced his ongoing co-sponsorship of legislation aimed at allowing people with outstanding student loan debt to refinance at the lower interest rates offered to new borrowers. The measure has resurfaced in the 114th Congress. Collection & Credit Risk
The National Foundation for Credit Counseling has received a grant award totaling $ 2.3 million from NeighborWorks America to support foreclosure prevention efforts through its Member Agencies. Collection & Credit Risk
Private student loans would no longer be exempt from protections when borrowers file for bankruptcy, under a bill introduced in the U.S. Senate. Collection & Credit Risk
Despite turmoil in the auto loan market - delinquencies are up, more people are losing their cars to repossession - Santander Consumer USA still had few problems finding buyers last week for a bond deal consisting of auto loans to credit-troubled borrowers. Collection & Credit Risk
A presidential memorandum signed Tuesday directs federal agencies to overhaul the way Americans repay their student loans, the latest move in a series of steps the Obama administration is taking to promote college affordability and access. Collection & Credit Risk
Millions of young people enter the workforce every day without basic money management skills. The financial decisions they make in the beginning of their working lives can affect their financial success in the future. Developing healthy financial habits early on helps young people better access services and products that can help them save, invest, and [...]
WASHINGTON The Consumer Financial Protection Bureau appears ready to act on rules limiting arbitration clauses as the bureau continues to argue such agreements harm consumers. Collection & Credit Risk
