We’re suing a robo-call debt collector

Today, we’re announcing that we filed a lawsuit against a robo-call debt collection operation, including its ringleaders, their companies, and service providers. The debt collectors allegedly sent millions of robo-calls to threaten, harass, and deceive consumers to collect debt that consumers do not owe, or were not owed to the debt collectors themselves. The complaint [...]

By |2017-05-20T11:45:07-05:00April 25th, 2015|News|Comments Off on We’re suing a robo-call debt collector

Bad Debt Rises at Minnesota’s Hospitals; Charity Care Falls

Thirteen Minnesota hospital systems reported a bad-debt increase of $ 15 million between 2013 and 2014 even as charity care costs - reported by 10 hospital systems - fell by about $ 37 million in the same period, according to an analysis by the Minneapolis Star Tribune. Collection & Credit Risk

By |2015-03-25T04:16:36-05:00March 25th, 2015|FCRA|Comments Off on Bad Debt Rises at Minnesota’s Hospitals; Charity Care Falls

Student Debt Relief Plan Unveiled

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

By |2015-03-12T22:58:10-05:00March 12th, 2015|FDCPA|Comments Off on Student Debt Relief Plan Unveiled

Credit Card Debt Soars; Forecast Calls for More

U.S. credit card debt jumped by $ 57.1 billion - up 47% - in 2014 compared to 2013 and the forecast calls for the total to reach $ 60 billion this year, according to a new survey from CardHub. Collection & Credit Risk

By |2015-03-10T23:08:24-05:00March 10th, 2015|FCRA|Comments Off on Credit Card Debt Soars; Forecast Calls for More

NY Fed Team Tackles Student Loan Debt Impact

Student loan debt remains a pressing concern in the U.S. because of high balances and high rates of delinquencies and defaults. The issues have been discussed in recent blog posts by the Federal Reserve Bank of New York’s Liberty Street Economics team. Collection & Credit Risk

By |2017-05-20T11:45:11-05:00February 24th, 2015|FDCPA|Comments Off on NY Fed Team Tackles Student Loan Debt Impact

Warren Plans to Push GOP on Student Loan Debt

U.S. Sen. Elizabeth Warren, D-Mass., plans in 2015 to continue her focus on student loan debt and the potential long-term problems it poses to the economy despite now facing a Republican-controlled Congress. Collection & Credit Risk

By |2015-01-17T02:05:40-06:00January 17th, 2015|FDCPA|Comments Off on Warren Plans to Push GOP on Student Loan Debt

CFPB Looks at Impact of Debt for Military Personnel

Complaints about debt collection are growing among service members. There are now more than 11,000 complaints from service members, veterans and military families since the CFPB began accepting them 18 months ago. Collection & Credit Risk

By |2017-05-20T11:45:14-05:00January 13th, 2015|FCRA|Comments Off on CFPB Looks at Impact of Debt for Military Personnel

Hospitals Offer Interest-Free Payments to Reduce Debt

Charlotte, N.C.-area hospitals have started offering multiyear interest-free payment plans to help reduce the number of outstanding bills as consumers pay more out-of-pocket medical costs. Collection & Credit Risk

By |2015-01-08T23:09:35-06:00January 8th, 2015|FDCPA|Comments Off on Hospitals Offer Interest-Free Payments to Reduce Debt

A New Year’s resolution to conquer your student debt

Each year, nearly 5 million college students leave school with student debt. For most of them who graduated this past spring, their six-month “grace period” just ended and those first bills have just have arrived. For all of you faced with student loan payments and crafting New Year’s resolutions to conquer your debt, we’ve put [...]

By |2017-05-20T11:45:14-05:00December 29th, 2014|News|Comments Off on A New Year’s resolution to conquer your student debt

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