Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods. The Consumer Financial Protection Bureau (CFPB) has taken a firm ...

Set to take effect in March 2025 — before it was stalled in court — this rule was expected to erase an estimated $49 billion ...

One debt collector told Maine resident Jason New that his wife would be arrested unless she paid $862 immediately. "They said I would get picked up four three counts of criminal charges," Leonora New ...

The National Collegiate Student Loan Trusts (NCSLT) are under scrutiny as the Consumer Financial Protection Bureau (CFPB) pursues legal action against them for alleged unethical debt collection ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

The next time someone tries to friend you on Facebook or follow you on Instagram, it could be a debt collector. New rules approved by the Consumer Financial Protection Bureau that took effect on ...

ALBANY, N.Y. (Legal Newsline) – New York Attorney General Eric Schneiderman reached a settlement with Encore Capital Group, Inc. on Friday over allegations that it wrongly filed debt collection suits ...