Plain-language articles on credit reports, disputes, consumer rules and business credit. Educational only, not legal advice.
PIERRE, S.D. (KELO) — A company that since 2015 has worked to corral money that people owe to South Dakota state government now plans to step aside. State Administration Commissioner Scott Bollinger gave the news Wednesday to the…
If you’re out of work because your position was cut during the pandemic, you are certainly not alone. Many service-based industries have made substantial job cuts…
CHICAGO (WLS) — Former students of the now-defunct ITT Tech in Illinois will receive student loan debt relief thanks to settlements with Attorneys General across the…
The industry has largely praised the Consumer Financial Protection Bureau’s cautious approach to regulating debt collection, but at the same time the agency has been willing…
J. Crew has a chance to recapture its cool factor. The parent company, J. Crew Group, has emerged from bankruptcy, completing a four-month restructuring process involving…
Photo: Richard Drew ALBANY — The state attorney general’s office has reached an agreement with a student debt collection firm that will result in the dismissal…
When the coronavirus pandemic forced businesses across the country to close, the government created the Paycheck Protection Program (PPP) to give small businesses an immediate influx…
Several Amherst-based debt collection companies, two owners and two of their managers are being sued by state Attorney General Letitia James and the Consumer Financial Protection…
Even since a major reform of the bankruptcy laws in 2005, discharging private student loans through bankruptcy has been very difficult if not almost impossible. But…
A recent court decision involving Navy Federal Credit Union could have long-term ramifications in the courtroom for other FCUs. The U.S. Court of Appeals for the…
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