Browsing: Debt collection

Newsbytes

The Consumer Financial Protection Bureau today released a report on consumer experiences with debt collection, relying upon surveys of consumers regarding their experiences with both first-party and third-party debt collectors.

Newsbytes

The Consumer Financial Protection Bureau today ordered Navy Federal Credit Union — the nation’s largest credit union — to pay $28.5 million in restitution and penalties for making undue threats to delinquent customers and cutting off electronic access to accounts and bank cards for customers that failed to pay delinquent loans.