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Debt Collectors

Hunter Stuart

Debt Collection 'Factory' Preyed On Broke Americans: Lawsuit

HuffingtonPost.com | Hunter Stuart | Posted 07.15.2014 | Business

A federal watchdog is suing a collection agency that allegedly operated like a "factory" churning out lawsuits against cash-strapped borrowers, often ...

Hunter Stuart

Debt Collectors Have Figured Out A Way To Seize Your Wages And Savings

HuffingtonPost.com | Hunter Stuart | Posted 06.03.2014 | Business

People with overdue bills have long complained of harassment from debt collectors, from late-night phone calls to frightening in-person visits. Now it...

An Ungrateful Nation

Bill Bartmann | Posted 05.18.2014 | Politics
Bill Bartmann

Knowing that many active-duty service personnel and veterans face financial hardships, there is much we can -- and should -- do to ease that burden.

Debt Collectors Targeting Members Of The Armed Services

Center for Public Integrity | Daniel Wagner | Posted 03.11.2014 | Politics

By Daniel Wagner Center for Public Integrity Debt collectors are targeting members of the Armed Services by calling their superior officers, threa...

Debt Collectors Are More Likely To Go After Black People

The Huffington Post | Emily Cohn | Posted 12.17.2013 | Business

A new survey finds that African-Americans are much more likely than whites to be called by debt collectors, despite both groups reporting relatively e...

Educational Opportunity? Globe University's Murky Student Loan Partnership With Debt Collection Agency

Kyle McCarthy | Posted 01.23.2014 | Business
Kyle McCarthy

For years, the EdOp Loan has been marketed as one of the "primary sources of financial aid" and carried an 18% interest rate. As I mentioned in my previous article, the mailing address listed on EdOpLoan.com happens to be the same mailing address for American Accounts and Advisers, a debt collection agency.

Reflecting on Rescuing Stranded Starfish and Abolishing Medical Debt

Jerry Ashton | Posted 01.23.2014 | New York
Jerry Ashton

What was it like to open up a letter announcing that the burden of a large medical debt had been taken away? "I was dumbfounded," replies Terrance Lavalle, referring to a letter he received in November from Occupy Wall Street's working group, "The Rolling Jubilee."

An Open Letter to the CFPB

Bill Bartmann | Posted 01.23.2014 | Business
Bill Bartmann

Having spent a lot of time thinking about this problem, I want to offer to you five simple ideas that will suppress the "criminal enterprise", uplift families, protect the safety and soundness of the banking system and ensure a functional credit and debt collection process.

These Four Organizations Are Also Spying On You, And You Had No Idea

The Huffington Post | Cezary Jan Strusiewicz | Posted 11.21.2013 | Politics

When Edward Snowden revealed that the National Security Agency has been accessing phone and email records of American citizens, the news shook the wor...

Chris Kirkham

Text-Messaging Debt Collector Hit With $1 Million Fine

HuffingtonPost.com | Chris Kirkham | Posted 09.26.2013 | Business

The personalized text messages went out to more than a million cell phones over the last 18 months, warning of a critical legal issue. "It is URGEN...

A Debt Collector Came After Me for $8.97

Credit.com | Posted 06.10.2013 | Business
Credit.com

By Deanna Templeton We recently received a question from a reader who is looking for help with a past due movie rental that went to collections: Toda...

9 Ways to Successfully Handle Debt Collectors

Tiffany Aliche | Posted 06.04.2013 | Business
Tiffany Aliche

1) Get organized Start a file cabinet where you begin to collect all of your financial papers. Need help? Read one of David Bach's Finish Rich books....

When the Private Sector Goes Bad: Preying on Troops and Veterans

Hal Donahue | Posted 05.19.2013 | Politics
Hal Donahue

With President Reagan's election, the majority of the American people embraced an economic and political philosophy enshrining the private sector as the driver of US life and values. The results are in. Look around.

Helping Debt Collectors?

Reuters | Posted 05.07.2013 | Business

By Aruna Viswanatha and Rick Rothacker March 7 (Reuters) - The largest U.S. banks face a multi-state investigation into whether they h...

Debt Collector Threatened Dead Woman

The Huffington Post | Harry Bradford | Posted 02.22.2013 | Business

A Houston woman has called a debt collector “cruel” and “despicable” after the collector threatened her sister. Her sister, she says, died ba...

Times Are Tough for Many Consumers

Bill Bartmann | Posted 03.11.2013 | Business
Bill Bartmann

I suggest putting a freeze on those debt collector lawsuits until unemployment falls to some more reasonable level -- 6 percent. That would give millions of Americans the breathing space to get back to work -- and then they can catch up on all those old past due debts.

Medical Bills & Minors: What You Should Know

Credit.com | Posted 02.09.2013 | Health News
Credit.com

By Gerri Detweiler It's bad enough to owe medical debt you can't pay. But what if you're young and being hounded by collectors for medical bills that...

The One Personal Finance Book Banks Don't Want You To Read

The Huffington Post | Catherine New | Posted 11.15.2012 | Money

Occupy Wall Street alumni have hatched a new plan: Raise money and then bail people out of debt. The campaign, called Rolling Jubilee, kicks off Thurs...

The People's Bailout of The People (VIDEO)

Dennis Trainor | Posted 01.15.2013 | Money
Dennis Trainor

Occupy Wall Street is getting ready to start literally making some debt disappear.

The People's Bailout

David Rees | Posted 01.15.2013 | Money
David Rees

We're in debt, as individuals, because of a lack of services. If Washington lacks the political will to address these issues and kick a little ass, we'll do it ourselves. Our message to Americans is simple: You are not a loan. And you are not alone.

Strange Bedfellows: Occupy Wall Street and the Bill Collector!

Jerry Ashton | Posted 11.14.2012 | Business
Jerry Ashton

OWS is certainly muscling (buying?) its way in, but with a "business" model that collection agencies and debt buyers would not have entertained in a lifetime.

Catherine New

Occupiers' Next Move Is To Bail Out Consumers

HuffingtonPost.com | Catherine New | Posted 11.12.2012 | Money

Occupy Wall Street movement supporters were outraged by the bank bailout. Now they want to start a bailout that people can actually get behind. Dub...

Jobs That Make Workers Feel Really Guilty

The Huffington Post | Harry Bradford | Posted 10.20.2012 | Business

Everyone has to pay the bills somehow. Some people just don't feel great about the means to that end. Sure, feeling dissatisfied or unhappy at wor...

When Debt Collectors Attack (Disabled American War Heroes)

Adam Levin | Posted 12.19.2012 | Business
Adam Levin

When it comes to scandalous behavior by debt collectors, I thought I'd heard it all. Still, the case of war veteran Michael Collier is a new low and paints a clear picture of a truly ugly nook in the financial services industry.

Harassed For A Bill She NEVER Owed

The Huffington Post | Caroline Fairchild | Posted 10.18.2012 | Money

It's one thing to be harassed about an unpaid bill. It's another thing to be harassed about a bill you never actually owed. Brandy De Alba, a Calif...