Debt Collection

CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities
CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities
January 27, 2020  |  CFPB

For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of...

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How SMBs Can Address Late Payments — Before They Happen
How SMBs Can Address Late Payments — Before They Happen
January 10, 2020  |  B2B Payments

Few small businesses (SMBs) are immune to the risk of delayed and late payments. With payment terms an age-old practice in B2B trade, ensuring trust...

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India’s Rapid But Rocky Transition Into Digital Financial Services
India’s Rapid But Rocky Transition Into Digital Financial Services
December 05, 2019  |  Alternative Finances

While much of the world is profoundly different at the end of this decade than at the beginning, there are few places on the planet...

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CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...

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Congresswoman’s Bill Seeks To Curb Aggressive Debt Collection
Congresswoman’s Bill Seeks To Curb Aggressive Debt Collection
October 11, 2019  |  CFPB

U.S. Rep. Ayanna Pressley of Massachusetts has introduced new legislation that would require the Consumer Financial Protection Bureau (CFPB) to regulate the debt collection industry....

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Can Payments Solve Healthcare’s $20K-Per-Family Cost Burden?
Can Payments Solve Healthcare’s $20K-Per-Family Cost Burden?
September 30, 2019  |  Healthcare

We all know the drill. After receiving treatment at a hospital (whether an in-and-out affair, such as an MRI, or a multi-day stay in a...

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Comment Period Extended For CFBP Debt Proposal
Comment Period Extended For CFBP Debt Proposal
August 02, 2019  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has extended the comment period for its Notice of Proposed Rulemaking (NPRM) before it implements the Fair Debt Collection...

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CFPB Report: One In Four Consumers Have Debt In Collections
CFPB Report: One In Four Consumers Have Debt In Collections
July 19, 2019  |  Debt

More than a quarter of consumers have one debt in collections, according to data from the Consumer Financial Protection Bureau. A large swath of that is...

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Senators Urge CFPB To Reconsider Debt Collection Overhaul
Senators Urge CFPB To Reconsider Debt Collection Overhaul
June 10, 2019  |  Regulation

A group of senators is urging the Consumer Financial Protection Bureau to reconsider a recently proposed overhaul of debt collection practices that among other things...

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