Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently announced it finalized an enforcement action against debt-relief payment-processors RAM Payment and Account Management Systems (AMS), as well as AMS’s …
Scam Ringleaders Ordered to Pay More Than $8 Million to Consumers and Student Loan Borrowers Read More
WASHINGTON, D.C. — The Department of Veterans Affairs published a final rule in the Federal Register, on February 2, amending VA’s procedures for reporting debt to consumer reporting agencies.
VA Establishes New Threshold for Reporting Benefit and Medical Debt Read More
WASHINGTON, D.C. — A group of phantom debt collectors will be permanently banned from the debt collection industry and required to surrender the contents of numerous bank and investment accounts …
Phantom Debt Collectors Permanently Banned from Industry in FTC Settlement Read More
WASHINGTON, D.C. — An Atlanta-based debt collection company and its owners will be permanently banned from the debt collection industry under the terms of a settlement with the Federal Trade Commission.
Debt Collectors Allegedly Posed as Police, Attorneys to Threaten Consumers over Fake Debts Read More