A fragmented industry with 3,200 mostly small businesses
DUBLIN, March 16, 2022 /PRNewswire/ — Marketdata LLC’s “US Debt Collection Agencies: An Industry Analysis”…
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Overview of the US$15 billion debt collection agency market
Dublin, March 01, 2022 (GLOBE NEWSWIRE) — Marketdata LLC’s “US Debt Collection Agencies: An Industry…
Overview of US$15 Billion Debt Collection Agencies Market with Competitor Profiles, Trends and Forecasts to 2025
company logoDublin, March 01, 2022 (GLOBE NEWSWIRE) — Marketdata LLC’s “US Debt Collection Agencies: An…
CFPB data collection plan may be too expensive for some banks and credit unions | Credit Union Journal
Credit unions and banks serving local community institutions could abandon small business lending efforts due…
Is San Antonio FloatMe a Safer Alternative to Payday Loans?
FloatMe, a San Antonio tech startup that gives workers cash advances on their next paycheck,…
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US Senate Democrats press JPMorgan for details on debt collection practices
WASHINGTON, Feb 7 (Reuters) – Top U.S. Senate Democrats are pressing JPMorgan Chase & Co…
US Senate Democrats press JPMorgan for details on debt collection practices | Investment News
WASHINGTON (Reuters) – Senior U.S. Senate Democrats are pressing JPMorgan Chase & Co for details…
The comments are in: CFPB proposed rule for collecting small business loan data under Equal Credit Opportunity Act | Miles and Stockbridge PC
As we reported last year, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank…
CFPB’s Dodd-Frank Race and Gender Data Collection Mandates Will Hurt Financial Inclusion
Mid-2020, 10and anniversary of the Dodd-Frank fiscal overhaul imposed by Congress and signed by then-President…
New CFPB Bulletin Addresses Illegal Medical Debt Collection and Credit Reports
On January 13, 2022, the CFPB issued a bulletin to remind debt collectors of their…
Lenders urge CFPB to scale back small business data collection plan | Credit Union Journal
It’s called a fishing expedition. A burden on small banks and credit unions. An example…
Consumers Control the Collection Process | Focus on the hometown
New debt collection rules now allow debt collectors to use emails, texts and social media…
Fall 2021 CFPB Oversight Highlights Examines Credit Cards, Debt Collection, Deposits, Equitable Loans, Mortgage Services, Payday Loans, Prepaid Accounts, and Money Transfers | Ballard Spahr srl
The CFPB published the Fall 2021 edition of its Supervisory Highlights. The report addresses the…
Realtimecampaign.com discusses using a collection agency and dealing with medical debt
Accidents do happen and medical bills often follow quickly afterwards. Unexpected medical debt is one…
The Surprisingly Wide Scope of the CA Debt Collection Licensing Act: Applications Must Be Filed By Dec 31
Manatt, Phelps & Phillips LLP United States: The surprisingly wide reach of the CA Debt…
Collection agency license and exemptions | Miles and Stockbridge PC
With the new Consumer Financial Protection Bureau (“CFPBâ€) collection agency rule that came into effect…
The Surprisingly Wide Reach of CA Debt Collection Licensing Act: Applications Must Be Filed By Dec 31 | Manatt, Phelps & Phillips, LLP
Earlier this month, the California Department of Financial Protection and Innovation (DFPI) sent an email…
CFPB Fall 2021 Supervisory Highlights Examines Credit Cards, Debt Collection, Deposits, Fair Loans, Mortgage Service, Payday Loans, Prepaid Accounts, and Money Transfers | Ballard Spahr srl
The CFPB published the Fall 2021 edition of its Supervisory Highlights. The report discusses the…
Application deadline looming under California Debt Collection Licensing Act – Finance and Banking
United States: Application Deadline Looms Under California Debt Collection Licensing Act 06 December 2021 Alston…
California Debt Collection Licensing Act Registration Deadline Looms | Alston & Bird
On September 25, 2020, California Governor Gavin Newsom approved Senate Bill 908 – promulgate the…
California DFPI Proposes New Changes to Debt Collection Licensing Act
Although the California license application is due no later than December 31, 2021, the California…
CFPB to collect feedback on data collection
The Consumer Financial Protection Bureau (CFPB) is seeking feedback on the implementation of the Home…
Beware of “zombie” debt collection attempts
Have you received recent phone calls or collection notices in the mail claiming that a…
CFPB Small Business Loan Data Collection Regulation | Davis Wright Tremaine LLP
Last month, the Consumer Financial Protection Bureau (CFPB) released a long-awaited rule proposal (published in…
Student, Medical Debt Collection Companies Under Consumer Rules
Collection companies are facing outdated billing procedures, especially for student loans and medical debts, as…
Points to remember from the changes made to the rules for fair recovery of CFPB debts
By James Sandy (October 13, 2021, 12:06 p.m. EDT) – Years after creation, the final…
Industry scrambles to prepare for CFPB debt collection rules
Banks, credit card companies and debt collectors have pushed for an overhaul of federal debt…
Alert: CFPB publishes proposed rule for data collection on small business loans | Cooley LLP
On September 1, 2021, the Consumer Financial Protection Bureau (CFPB) Posted a Notice of Proposed…
CFPB Report Highlights Credit Card Debt Collection
The Consumer Financial Protection Bureau’s fifth biennial report on the consumer credit card market released…
Update on Debt Collection and Private Student Loans Bills …
California’s legislative session for 2021 is over and two bills impacting the accounts receivable management…
CFPB publishes proposed rule on small business data collection | Morrison & Foerster LLP
On September 1, 2021, the Consumer Financial Protection Bureau (CFPB or “Bureauâ€) released its long-awaited…
CFPB proposes rule to increase data collection on small business loans
Banks would be required to report more data on small businesses applying for loans under…
Black Knight: Preparing the Fair Debt Collection Practices Act
Black Knight Offers Informative White Paper and MSP® Maintenance System Enhancements to Help Customers Prepare…
California DFPI Invites Comments on Second Proposed Debt Collection Licensing Act Regulation | Ballard Spahr srl
The California Department of Financial Protection and Innovation (DFPI) recently released a Invitation to Comments…
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The 5 Best Debt Collection Agencies of 2021
Faq What is a debt collection agency? If an invoice is overdue, businesses can hire…
California files debt collection license application with NMLS
On August 25, 2021, the California Department of Financial Protection and Innovation (DFPI) announced that…
Alert: Recent CFPB actions focus on debt collection | Cooley LLP
On August 16, 2021, the Consumer Financial Protection Bureau (CFPB) submitted a proposal for a…
CFPB delays collection rules | News by edition
AddControlToContainer_DynamicNavigation5 FREE PREVIEW LOG IN OR SUBSCRIBE NOW TO READ THIS ARTICLE Regulatory News Monday,…
New Debt Collection Rule Comes into Force on November 30, 2021 | Man’s pepper with trout
On October 30, 2020, the Consumer Financial Protection Bureau (CFPB or the Bureau) released its…
Banks must prepare for a new collection rule
Savvy banks are working hard to comply with the new Consumer Financial Protection Bureau rule…
Payday Loans Dropped During Pandemic, But Californians ‘Not Out Of The Woods’
BY ERIKA PAZ, CalMatters Government pandemic aid may have helped some Californians avoid resorting to…
CFPB drops proposal to delay debt collection rules
Law360 (July 30, 2021, 8:14 p.m. EDT) – The Consumer Financial Protection Bureau said on…
CFPB shelves plan to extend compliance deadline for debt collection
The Consumer Financial Protection Bureau said two debt collection rules would go into effect on…
Know your debt collection rights
When the pandemic ended travel in March 2020, Lew Moore relinquished the lease on his…
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Californians Take 40% Less Payday Loans During Pandemic: Report
A Super Flower Moon rises through low clouds over the city of San Diego, California,…
ACA Members Ready For First Debt Collection In California …
A diverse group of stakeholders created under California’s Debt Collection Licensing Act (DCLA) will meet…
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More states impose interest rate caps on payday loans
By Annie Millerbernd | NerdwalletLow-cost, short-term lenders, unencumbered by a maximum federal interest rate, can…
Why payday loans are dangerous
South_agency / Getty ImagesIt’s hard to find yourself in a situation where you need the…
House passes LGBTQ small business loan data collection bill
Subscribe to our Policy NewsletterNY for the latest coverage and to stay informed about the…
Payday loans are for short term needs
To share Tweeter To share To share E-mail Payday loans can seem like a lifeline…
“Just send a Venmo!” “… To a collection agency? | Spilman Thomas & Battle, SARL
Due to COVID-19, many businesses are reluctant to handle cash, credit cards or debit cards,…
Collection agency license arrives in California | Clark Hill PLC
On September 25, California Governor Newsom enacted Senate Bill 908 enacting the California Debt Collection…
Trends and challenges for collection agencies amid COVID-19
Dublin, May 21, 2020 (GLOBE NEWSWIRE) – ResearchAndMarkets.com published a new article on the business…
Cranston Schools Hire Controversial Collection Agency Over Outstanding Lunch Bills
Thursday 06 December 2018 GoLocalProv News Team and Kate Nagle Enlarge + Cranston School Department…
How to keep medical bills from going to a collection agency
Brian Davis is no stranger to surgery. Born with club feet, the 35-year-old Playa del…