Jun 21, 2022 | Debt Collection
By: Account Management Resources Recently, the three major credit reporting agencies (CRAs) announced they will no longer report medical debt under $500 and will extend reporting overall medical debt from six months to one year. Stacy Willis, Director of Operations...
Jan 21, 2022 | Debt Collection, Student Loans
The U.S. Department of Education (USDE)’s automatic student loan forbearance policy, enacted in March 2020, means borrowers haven’t been required to make student loan payments, their balances accrued no interest and debt collection agencies have been barred from...
Mar 30, 2021 | CFPB, Consumer Protection, Debt Collection
Debt collection has been getting a lot of attention in the news lately, and the Consumer Financial Protection Bureau newly released guidelines have changed the way collectors will communicate with the parties from whom they seek payment. These new rules increase the...
