Nearly every one of those is a third-party debt collector, meaning they typically buy debt for a fraction of its initial value and then try to recoup as much of the original amount as possible. “The real issue is: who enforces anything?” Aldine said. ‘Get medical help’ State legisla...
A House Democrat has introduced a bill to crack down on robocalls from debt collectors seeking to collect on federal loans. Rep.Anna Eshoo(D-Calif.) unveiled her Help Americans Never Get Unwanted Phone calls (HANGUP) Act on Friday, the same day that the House Energy and Commerce C...
PERIOD!If you don’t have the cash on hand, you shouldn’t be going into to debt to buy things. Resisting the temptation to borrow is the biggest money saver of them all! Go back to the old way of working and saving for something you need instead of charging something and then franti...
1 in every 7 Americans is being pursued by a debt collector. of indebted households used credit cards to pay for basic living expenses. The Move Your Money campaign -- the ongoing effort to encourage mega-bank customers to move their money to local institutions has had great success. The Oc...