Medical Collections, Scoring Scrutiny Grows

An estimated 43 million people carry delinquent medical debt on their credit reports and medical bills account for nearly half of all overdue debt on the reports, according to a study released Thursday by the Consumer Financial Protection Bureau. Collection & Credit Risk

By |2014-12-13T13:37:54-06:00December 13th, 2014|FDCPA|Comments Off on Medical Collections, Scoring Scrutiny Grows

Sweepstakes Operator Banned for Fraudulent Fee Collections

A sweepstakes operator that took millions of dollars from consumers throughout the U.S. and dozens of other countries - including Canada, the United Kingdom, France and Japan - is banned from the prize promotion business under a settlement with the Federal Trade Commission. Collection & Credit Risk

By |2014-10-07T15:15:32-05:00October 7th, 2014|FCRA|Comments Off on Sweepstakes Operator Banned for Fraudulent Fee Collections

City’s Foreclosure Program Nets Zero in Collections

A report on foreclosures in Los Angeles indicates penalties folded into a foreclosure registry program established in 2010, a program intended to scare property owners into maintaining houses, were never collected. Collections - Other Consumer

By |2017-05-20T11:45:32-05:00June 7th, 2014|FDCPA|Comments Off on City’s Foreclosure Program Nets Zero in Collections

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