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Currently, roughly 5.3 million borrowers are in default on their federal student loans. Referrals for collection had been put on hold since March 2020.
This will be the first time since March 2020 that borrowers who have either chosen not to or been unable to make their ...
Online lending apps (OLAs) might seem like a lifeline for quick cash, but miss a payment, and they’ll make your life a living ...
Besides raising the issue of collection agencies, the new legislation also stipulates that once a filer’s tax payment is ...
The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." ...
Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.
The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), ...
Senator Sherwin Gatchalian on Wednesday renewed his call to regulate abusive practices of online lending companies, decrying ...
The plan to resume debt collection for borrowers in default could put people in a precarious financial position amid a faltering economy.
Debt collectors may contact you in several ways, including by phone, email, letter or social media. A debt collector ...
Learn what debt collection is, how it works, and your rights as a consumer. Discover ways to handle debt collectors ...