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Debt

Federal Trade Commission (FTC)
National

FTC Permanently Bans Blackstone Legal for Fake Debt Collection Practices

June 22, 2025June 22, 2025 - by Maryann Pugh

WASHINGTON, D.C. — Blackstone Legal and its owners will be permanently banned from the debt collection industry following a Federal Trade Commission (FTC) lawsuit that alleged the operation misled and harassed …

FTC Permanently Bans Blackstone Legal for Fake Debt Collection Practices Read More

Financial decisions
Personal Finance

Should You Pay Off Debts or Invest?

June 12, 2025June 12, 2025 - by Joe Oliver

Some financial decisions can be challenging — like whether to use your money to reduce your debt or to invest. If you already have a significant amount of debt and …

Should You Pay Off Debts or Invest? Read More
Federal Trade Commission
National

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts!

May 4, 2025May 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced decisive action against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, over allegations of widespread fraudulent debt collection …

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts! Read More

Financial Stability
Personal Finance

Three Stops on the Road to Financial Stability

April 17, 2025April 17, 2025 - by Joe Oliver

Achieving financial stability doesn’t happen overnight — it takes a journey. And, as with every journey, you’ll need to make some stops along the way. These stops, or milestones, can …

Three Stops on the Road to Financial Stability Read More
Settlement
Pennsylvania

Scammed Out of Thousands? PA Attorney General Fights Back and Wins Big for Victims

April 5, 2025April 5, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania Attorney General Sunday has reached a settlement requiring Accelerated Debt Settlement, Inc. and its affiliated entities to pay $550,000 in penalties and refunds for allegedly illegal …

Scammed Out of Thousands? PA Attorney General Fights Back and Wins Big for Victims Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations

March 30, 2025March 29, 2025 - by Maryann Pugh

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced on Friday, March 28, that it will be deprioritizing enforcement and supervision actions related to penalties under the Payment Withdrawal …

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations Read More
Federal Trade Commission
National

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has taken decisive action to shut down a phantom debt collection scheme, freezing its assets and temporarily halting operations following a lawsuit filed by …

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats Read More

Funds
National

FTC Issues Refunds to Victims of Abusive Debt Collection Practices

December 17, 2024December 17, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced the distribution of more than $540,000 in refunds to 1,625 individuals targeted by unlawful debt collection practices. Each affected consumer is …

FTC Issues Refunds to Victims of Abusive Debt Collection Practices Read More
Federal Trade Commission
National

FTC Cracks Down on Georgia Debt Collector for Deceptive Practices

November 10, 2024November 10, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has intervened against Global Circulation, Inc. (GCI), a Georgia-based debt collection agency accused of deceiving consumers into paying over $7.6 million in …

FTC Cracks Down on Georgia Debt Collector for Deceptive Practices Read More
Enviri Corporation
Regional

Enviri Corporation Strengthens Financial Flexibility with Amended Credit Facility

September 7, 2024September 7, 2024 - by Timothy Alexander

PHILADELPHIA, PA — Enviri Corporation (NYSE: NVRI) has announced a strategic amendment and extension of its senior secured revolving credit facility. This move introduces a new $625 million revolving credit facility, …

Enviri Corporation Strengthens Financial Flexibility with Amended Credit Facility Read More

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