Sentences with phrase «debt collection industry»

The Consumer Financial Protection Bureau (CFPB) assumes the oversight of the consumer debt collection industry on January 1, 2013..

Even Washington's most powerful denizens aren't immune from the signature annoyance purveyed by the multibillion - dollar debt collection industry — and it could be about to get worse.

Abuses in the consumer debt collection industry are rampant.

The CFPB is considering new rules for the debt collection industry.

THE Federal Privacy Commissioner has effectively set a new standard for the debt collection industry as a result of a settlement with Alliance Factoring.

Hala says there were some in the movement who felt that by taking an approach of forgiveness the jubilee was in fact acknowledging these debts as legitimate despite the checkered history of the banking and debt collection industries.

And this, of course, is a boon to America's debt collection industry.

In his book, Jake Halpern explains how a lack of regulation has given rise to a host of bad practices within the debt collection industry.

In the late 1970s, the federal government enacted the Fair Debt Collection Practices Act (FDCPA) in order to give consumers greater protections against abusive debt collection practices; to eliminate harassment within the debt collection industry.

The rules are stringent in the debt collections industry.

In order to address widespread abuses in the debt collection industry, Congress passed the FDCPA in order to rein in the tactics of debt collectors.

This article will help you get up to speed on the debt collection industry and give you practical tips for dealing with the letters and phone calls.

I have learned a lot about the reality of the debt collection industry.

State and federal law regulate the debt collection industry.

Considering both the direct and indirect economic impacts of the debt collection industry, the total employment impact on the U.S. is nearly 302,000 jobs with a total payroll impact of $ 10.1 billion.

Also, the debt collection industry is booming.

But, in a lawsuit settlement with one of the biggest debt collectors, the FTC lets the debt collection industry know that collecting on expired, or time - barred debts, is not ok.

You could but the debt collections industry is tricky and an inexperienced debtor can unknowingly make some big mistakes, particularly since the collection industry has a high - turnover rate.

If I could wish for just one thing, it we be for the general public to know that negotiating settlements is common place in the debt collection industry.

The debt collection industry is big — estimated to be a $ 12 billion industry in fact, and growing.

Each year debt collectors put more than $ 40 billion back into the U.S. economy, according to ACA International, a trade group for the debt collection industry.

Features news and information for consumers about debt collection and dealing with debt collectors and the debt collection industry.

I have been a strong opponent of abusive debt collectors on my consumer rights blog, and I know the debt collection industry and their lawyers are reading.

Today the Consumer Financial Protection Bureau issued its final rule on oversight of the debt collection industry [PDF], which includes debt collection lawyers.

The CFPB's authority under the rule will extend to about 175 debt collectors, which — according to the New York Times — makes up about 63 percent of the debt collection industry in the United States.

«Disruptive dinnertime calls, downright deceit, and more besides drew Congress's eye to the debt collection industry,» he wrote.

Monitored statutory changes and court rulings specific to the creditor and debt collection industry