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Debt Collectors Told They Can’t Charge You to Pay

Today, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion affirming that federal law often prohibits debt collectors from charging “pay-to-pay” fees. These charges, commonly described by debt collectors as “convenience fees,” are imposed on consumers who want to make a payment in a particular way, such as online or by phone. “Federal law …

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CFPB Issues Final Regulation F Debt Collection Rules – Debt Settlement

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The Consumer Financial Protection Bureau (CFPB) has published the final rules that modify the Fair Debt Collection Practices Act. These rules amend Regulation F, 12 CFR part 1006, which implements the FDCPA. If you really want to take a deep dive into the changes, read CFPB Updates Fair Debt Collection Practices Act – What You …

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CFPB Updates Fair Debt Collection Practices Act – What You Need to Know

The Consumer Financial Protection Bureau (CFPB) has issued its final rule to update the Fair Debt Collection Practices Act (FDCPA). The FDCPA provides the framework of rules that serve to protect consumers from abusive debt collection practices. [November 30,2020 – The final rules were published here.] The CFPB states the following important changes are part …

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The Debt Collection Firms Hate the CFPB Today

WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) is taking action against two medical debt collection law firms and their president for falsely representing that letters and calls were from attorneys attempting to collect on a debt when no attorney had yet reviewed the account. The law firms also did not ensure the …

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Did a Debt Collector Tell You Your Student Loans Could Not Be Discharged in Bankruptcy? Read This Now!

I was just reading a recent document filed by the Consumer Financial Protection Bureau (CFPB) in another case. It brought up a point I hear all the time from people. If you are the subject of any debt collection activity over student loan debt you should listen very carefully for the debt collector to say …

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A Day In the Life of A Debt Collector

An Account From a Real-Life Collector I arrive at work with a long list of people to call, knowing that if all goes well, I may call 125 people today. Today, I’ll hear stories of businesses gone sour, failed marriages and terrible illnesses. I’ll hear outright lies: “The check’s in the mail,” or “The stamp …

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Having Problems With a Debt Collector. Affordable Legal Help Available Here.

One of the common requests I hear from readers is for legal help with issues surrounding their debt problems when they feel they’ve been hurt or abused by a debt collector. In the past I’ve always referred people to the National Association of Consumer Advocates and the GetOutOfDebt.org legal friends and protectors to find an …

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The Collection Agency Knows I’m Not Responsible But They Keep Trying to Collect. – Jonathan

“Dear Steve, I have a medical bill thats on collection that doesn’t belong to me. I tried to dispute but the only one of the credit bureau. Its a medical for a doctor, i never been to. When i call the collection agency, they told me its for a yessenia torres, when she took her …

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