Servicemembers consistently report their issues with debt collection to us. These are some of their experiences.
When we take an enforcement action against a person or company for violating a consumer financial protection law, that person or company may have to compensate people for the harm they caused.
If you were one of the thousands of people who paid illegal upfront fees for debt settlement services to Morgan Drexen, you may be eligible to receive compensation.
When bills are piling up, it’s important to remember that you’re still in control. While you are ultimately responsible for paying all of your bills on time, there are things you can do if you fall short one month and don’t have enough money to cover everything.
Receiving a call from a debt collector can be stressful. Your first instinct may be to hide or ignore the situation and hope it goes away. But that can make things worse. We have resources to help you respond to debt collectors.
Arbitration clauses in consumer financial product and service contracts like credit cards and bank accounts prevent groups of people from taking companies to court for harms that affect many people. Our new rule will help the many people who are harmed together take action together.