debt collectors

CFPB Aims to Stop Debt Collectors From Contacting Borrowers at Work

CFPB Aims to Stop Debt Collectors From Contacting Borrowers at Work
CFPB Aims to Stop Debt Collectors From Contacting Borrowers at Work
January 02, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is working to prevent unlawful debt collection targeting consumers at their workplace. Get the Full Story Complete the form...

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CFPB: Medical Bills Account for 15% of Consumer Complaints
CFPB: Medical Bills Account for 15% of Consumer Complaints
November 16, 2023  |  CFPB

American consumers are routinely hounded over medical bills they don’t even owe. Get the Full Story Complete the form to unlock this article and enjoy...

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Venmo Pursues Customers With Negative Balances
Venmo Pursues Customers With Negative Balances
March 25, 2019  |  Payment Methods

Venmo, the digital money transfer company owned by PayPal, is going after consumers who have a negative balance in their accounts. According to a report in...

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CFPB Fines Debt Collector Security Group $5 Million
CFPB Fines Debt Collector Security Group $5 Million
June 14, 2018  |  CFPB

The Consumer Financial Protection Bureau fined Security Group, the debt collector, $5 million in the first fine against a company since it hit Wells Fargo...

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FTC Gets $4.1M Judgment Against Fake Payday Lender
FTC Gets $4.1M Judgment Against Fake Payday Lender
October 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. Get the...

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Government Pays $1B A Year On Student Loan Debt Collectors
Government Pays $1B A Year On Student Loan Debt Collectors
May 22, 2017  |  Loans

Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student...

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Student Loan Borrowers Hit With $125 Million In Interest Charges
Student Loan Borrowers Hit With $125 Million In Interest Charges
October 24, 2016  |  Consumer Finance

A new report from the Consumer Financial Protection Bureau found student loan borrowers are paying greater than $125 million in interest charges and that more...

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CFPB Says Consumers Complain About Credit Reporting Agencies
CFPB Says Consumers Complain About Credit Reporting Agencies
April 27, 2016  |  CFPB

U.S. consumers logged growth in complaints to the CFPB, especially focused on debt collectors. Mortgages remain a problem in terms of accurate and timely communication...

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