Encore Capital’s own SEC filing shows a record quarter buying consumer debt, funded by $750 million in new Wall Street borrowing — with lawsuits growing faster than any other way Midland Credit Management collects.
17 federal debt relief lawsuits were filed this week — I break down the 6 compliance risk categories and what they signal for the industry right now.
Midland Credit Management calling you with a clean credit report usually means skip tracing or a wrong number, not a debt you owe. Here’s what’s actually happening and what to do.
Quick Answer: 23 federal debt relief lawsuits were filed this week (February 24–March 3, 2026). This briefing organizes the alleged conduct by risk category — compliance talking points for debt relief company staff and counsel to use when reviewing current practices.23 new federal debt relief lawsuits were filed this week. Below is a compliance analysis …
Encore Capital Group is a for-profit publicly traded debt buyer. Here’s how to research them: CFPB complaints, BBB profile, CFPB enforcement history, and your FDCPA rights.
Is Midland Credit Management legit? Here’s how to research them yourself — CFPB complaints, BBB profile, enforcement history, and your FDCPA rights as a consumer.
Quick Answer: Midland Credit Management (MCM) is one of the largest debt buyers in the United States, headquartered in San Diego, CA, and owned by publicly traded Encore Capital Group. They purchase old credit card, auto, and consumer loan accounts from banks — often years after default — for pennies on the dollar, then attempt …
Quick Answer: Midland Funding, LLC is a debt buyer and subsidiary of Encore Capital Group, headquartered in San Diego, California. They purchase charged-off consumer accounts in bulk — primarily credit cards and personal loans — and collect through their affiliated servicer, Midland Credit Management (MCM). Their primary consumer contact number is 877-653-4161. Midland Funding has …
A class action settlement has been reached with Midland Credit Management over alleged debt collection practices. Here is how to check eligibility and file a claim.
Quick Answer: The CFPB settlement with Encore Capital Group, Midland Funding, Midland Credit Management, and Asset Acceptance Capital requires these debt collectors to possess original account documentation, contract terms, and ownership history before filing lawsuits against consumers. This extends protections from a previous 2015 agreement and ensures collectors have proper evidence before pursuing legal action.A …
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