U.S. Credit Card Accounts Rose by 24M Since Last Year: Report

The U.S. credit card industry continues its slow rebound from the financial crisis. In the second quarter, the number of open accounts rose by 24 million from a year earlier, while purchase volumes also increased significantly, according to a new report issued Wednesday by the American Bankers Association. Collection & Credit Risk

By |2014-12-21T16:30:54-06:00December 21st, 2014|FDCPA|Comments Off on U.S. Credit Card Accounts Rose by 24M Since Last Year: Report

Forum on access to checking accounts

Today, we held a forum on access to checking accounts in Washington, D.C. The live event has now ended. The event featured remarks from Director Richard Cordray, as well as presentations from consumer groups, federal and local government officials, and industry representatives. We aim to learn more about how the screening system works and how to [...]

By |2017-05-20T11:45:24-05:00October 8th, 2014|FDCPA|Comments Off on Forum on access to checking accounts

Medicare Scheme Took Money from Seniors’ Bank Accounts

A federal court on Thursday halted a telemarketing scheme that duped senior citizens by pretending to be part of Medicare and took millions of dollars from consumers' bank accounts without consent. Collection & Credit Risk

By |2014-10-03T12:50:25-05:00October 3rd, 2014|FDCPA|Comments Off on Medicare Scheme Took Money from Seniors’ Bank Accounts

Save the date: Join us for a forum on access to checking accounts

Join us for an event in Washington, D.C. on checking account screening policies and practices. This event will take place on Wednesday, October 8 at 8:30 a.m. EDT. We’ll host a discussion on how checking account screening policies and practices impact consumers. The event will inform the dialogue around how the screening system works and [...]

By |2017-05-20T11:45:25-05:00September 22nd, 2014|FDCPA|Comments Off on Save the date: Join us for a forum on access to checking accounts

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