The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment and cap interest at 3%, down from ...

New leadership at the Consumer Financial Protection Bureau is reassessing signature consumer protections on medical debt and ...

A debt collection trade group filed a complaint in federal court challenging a CFPB advisory opinion that warned debt collectors against seeking payment on unverified or potentially inflated medical ...

WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...

NEW YORK — The next text message you receive may not be a funny picture from your mom, or an update on how late your friend will be to brunch. It could be a debt collector. The Consumer Financial ...

If you use credit cards, owe money on a personal loan, or are paying a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error ...

When debts go to collections, the balance can suddenly grow. Here's why that happens and what you should do next.

On October 14, the Maryland Office of Financial Regulation issued guidance advising collection agencies and consumer reporting agencies to review ...

Dear Action Line: Does the Fair Debt Collection Practices Act mentioned Saturday apply to "first party" lien holders such as banks and credit unions? Please don't publish my initials. I could get in ...