Consumer Debt Articles
Today, the U.S. Department of Education (Department) proposed regulations to reduce the cost of federal student loan payments, especially for low and middle-income borrowers. The…
The Consumer Financial Protection Bureau (CFPB) has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices. If…
In response to the COVID pandemic, the Department of Education stopped garnishing the Social Security checks of elderly student-loan defaulters in March 2020. However, DOE…
Can we be honest for a minute? The entire issue of forgiving student loans with a one-time approach is stupid. It does not address the…
Last August, President Biden announced his plan to forgive between $10,000 and $20,000 in student debt to individuals who make less than $125,000 a year.…
Listen to the Podcast You can subscribe to my podcast on any of these sites below.                   Easiest way to listen – Say “Hey Siri…
Debt Relief Industry
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the August 2022 Survey of Consumer Expectations, which shows that inflation expectations continued…
For the first time in decades, credit counseling finally has a chance to step back to the head of the pack regarding consumer debt relief…
Today, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule laying out when digital marketing providers for financial firms must comply with federal consumer…
By Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw Total household debt increased by $312 billion during the second quarter…
The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The Report shows an increase in total…
It has been a while since I’ve written about the power of Connecticut when it comes to challenging debt relief companies. Two California companies have…
