Credit Card Defaults Down, Debt Levels On the Rise
Taylor White for MarketWatch
Usually, a charge-off occurs when an individual doesn’t make payments – usually for six months. This is more than just a credit card status though. It affects your relationship with your credit card issuer, your general credit standing, your ability to get a credit card or loan approved and other...
READ MOREIRS to Increase Number of Cases in Collections
The IRS is revving up its private debt collection program, assigning collection companies thousands of more accounts. Our Aaron Lorenzo…
FDCPA Doesn't Apply to Repossessor's Demand for Retrieval Fee
The U.S. Court of Appeals for the Seventh Circuit recently ruled that an auto repossession company's alleged demand that a…
Consumers to Spend More This Holiday Season
Nearly 9 in 10 Americans (89%) plan to buy gifts for friends and loved ones this holiday season, according to…
Allstate Insurance $6.5 Million Settlement Over Fax TCPA Violation
By way of background, most TCPA classes look at broad populations containing consenting and non-consenting class members alike. Recognizing the…
Text Message Platform’s Billions of Texts Enough to Allege ATDS Usage
A decision to (allegedly) advertise that it has sent over 4 billion text messages has lead at least one court…
Citizens Bank to Launch Commercial Real-Time Payments in 2019
Citizens Bank plans to phase in real-time payments for its commercial banking business starting in 2019. The bank, which is…
Millennials with Student Debt are Buying Smaller Homes with Bigger Mortgages
While the decision to purchase a home can be a wise choice in planning for long-term financial stability, some first-time…
Walmart Pharmacy Hit with TCPA Class Action for Sending Fax
Lifeback Recovery Center, PLLC has brought a TCPA class action complaint against Walmart Pharmacy in the Western District of Kentucky…
Consumer Reporting Agency Reaches $3.3 Million Settlement in Lawsuit Over Alleged FCRA Violations
A $3.3 million settlement has been reached in a class action lawsuit that claimed a Consumer Reporting Agency (CRA) allegedly…
