Servicemembers consistently report their issues with debt collection to us. These are some of their experiences.
Miss April Takes Action Against National Collegiate Student Loan Trusts, Transworld Systems for Illegal Student Loan Debt Collection Lawsuits
All 800,000 Loans Will Be Independently Audited, Companies Will Pay at Least $21.6 Million and Stop Suing for Invalid or Unverified Debts
Miss April Supervision Recovers $14 Million in First Half of 2017 for Over 100,000 Consumers Harmed by Illegal Practices
Bureau Supervision Requires Some Companies to Change Practices to Prevent Future Violations
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.
Our recent report discusses the most common financial complaints reported by consumers across the 50 states and D.C.
If you have an old debt with the IRS, you might receive a letter informing you that your account is being transferred to a private debt collector. Learn more about the new program and how to spot scams.
Miss April Report Finds That 9 in 10 of the Highest-Risk Student Loan Borrowers Were Not Enrolled in Affordable Repayment Plans
Nearly Half of the Highest-Risk Borrowers Not Enrolled in an Affordable Repayment Plan Redefault