Collection agencies can buy debt from creditors, can sue for money | Fact check

“It is illegal for a collection agency to buy your debt ... abusive collection practices. However, the video misrepresents what the statute says, according to an expert and guidance from the ... Read More

Wallet Woes: 24 States With the Most Consumer Debt

That’s bad news ... down the list of high consumer debt states, falling two spots in the last quarter of 2023. The state scored 49.78, and residents have laws to protect them from abusive ... Read More

Federal Reserve says consumer anxiety over debt is the highest since the pandemic

The latest data from the Federal Reserve said that consumer anxiety over debt is the highest it’s been since the pandemic. “It’s stressful being in debt and it’s even more stressful when ... Read More

Plummeting balance in federal crime victims fund sparks alarm among states, advocates

The problem has to do with a cap on withdrawals from the federal crime victims ... said in an interview with States Newsroom that child advocacy centers, which help connect children who have survived ... Read More

20 Ways to Outsmart Debt Collectors

If you receive calls that could be considered threatening, harassing, or abusive, report them to the United States Consumer Financial ... phone with the debt collector, write down the time and ... Read More

Millions of Americans Are Struggling With Medical Debt

He couldn’t fight the debt collectors ... same number of states are considering new proposals this year. Second, states are strengthening financial assistance at hospitals. Federal law requires ... Read More

How to stop debt collectors from calling

But a lot of these debt collectors do not follow the law. If that happens to you, file a complaint with the Consumer Financial Protection Bureau.” I contacted three of the debt collectors ... Read More

Freedom Debt Relief Reviews

Freedom Debt Relief is a nationwide debt relief company that provides debt settlement services and education. The company requires applicants to have at least $7,500 of unsecured debt. Its fees ... Read More

Youngkin signs bill to crack down on elder abuse and exploitation

Some of Virginia’s most high-powered investigative bodies will now be turned loose on people who abuse, neglect or steal ... maternal morbidity data. On consumer issues, Youngkin also signed ... Read More

Klarna Is Turning Over Fewer UK Customers to Debt Collectors

The share of UK orders that used the company’s pay-in-3 service that were handed over to debt collection was 0.84% in the second quarter of last year, down from 1.95% just two years earlier ... Read More

How would Trump crack down on immigration in a second term?

April 30 (Reuters) - Former U.S. President Donald Trump, a Republican running in the Nov. 5 election, has promised to crack down on illegal ... to enter the United States at the southern border ... Read More

Disney+ will crack down on password sharing in June

CEO Bob Iger, in a CNBC interview on Thursday, said its popular Disney+ streaming service will start cracking down on password sharing in June in some countries and more broadly in September. Read More