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Latest Updates for the Debt Relief Industry

May 28, 2020

Americans fell behind on nearly 18 million credit-card and auto-loan payments last month

Business Insider

May 28, 2020

Americans Skipping Credit Card Payments, Racking Up Significant Debt

Forbes

May 28, 2020

Debt settlement bill moves to North Carolina Senate

The Center Square – North Carolina

Federal Regulators

May 27, 2020

FTC Finalizes Settlement in LendEDU Case Related to Deceptive Rankings and Fake Reviews

May 23, 2020

FTC Halts Deceptive Payday Lender That Took Millions From Consumers’ Accounts Without Authorization

May 22, 2020

CFPB Takes Action to Help Struggling Homeowners Seeking Mitigation Efforts; Consumers Seeking Small-Dollar Loans

May 22, 2020

Consumer Financial Protection Bureau and Commonwealth of Massachusetts File Suit Against Credit-Repair Telemarketers

May 21, 2020

Consumer Financial Protection Bureau Issues Consumer Complaint Bulletin

May 19, 2020

CFPB to Provide Additional Extension of Comment Period for Supplemental Notice of Proposed Rulemaking on Time Barred Debt

Consumer Financial Protection Bureau (CFPB)

May 22, 2020

CFPB Takes Action to Help Struggling Homeowners Seeking Mitigation Efforts; Consumers Seeking Small-Dollar Loans

May 22, 2020

Consumer Financial Protection Bureau and Commonwealth of Massachusetts File Suit Against Credit-Repair Telemarketers

May 21, 2020

Consumer Financial Protection Bureau Issues Consumer Complaint Bulletin

May 19, 2020

CFPB to Provide Additional Extension of Comment Period for Supplemental Notice of Proposed Rulemaking on Time Barred Debt

May 15, 2020

CFPB, CSBS Issue Consumer Guide on Mortgage Relief Options

May 15, 2020

Director Kraninger Remarks During Financial Stability Oversight Council Meeting

Federal Trade Commission (FTC)

May 27, 2020

FTC Finalizes Settlement in LendEDU Case Related to Deceptive Rankings and Fake Reviews

May 23, 2020

FTC Halts Deceptive Payday Lender That Took Millions From Consumers’ Accounts Without Authorization

May 19, 2020

FTC Sends More Than $12 Million in Full Refunds to Victims of Online Billing Scam

May 19, 2020

FTC and SBA Warn Operator of SBA.com and Lead Generator Lendio to Stop Potentially Misleading Coronavirus Relief Loan Marketing

May 14, 2020

FTC Files Complaint Alleging Telemarketers and Debt Collectors Worked Together To Bilk Organizations for Subscriptions and Books They Never Ordered

May 2, 2020

FTC to Co-Host Second Conference on Marketing and Consumer Protection on October 2

State Regulators

State, Top News

May 28, 2020

Debt settlement bill moves to North Carolina Senate

State, Top News

May 22, 2020

Bipartisan Bill HB 1067, the “Debt Modernization Act,” continues to move through the North Carolina State Legislature at a rapid pace

State, Top News

May 20, 2020

CA Prorater Bill No. 2524 Passed Initial Vote in Assembly Committee on Banking and Finance; Bill will Return to Committee for Further Revisions

State, Top News

May 14, 2020

California Proposed Prorater Bill No. 2524, Amended on May 12, 2020.

State, Top News

May 13, 2020

California Bill No. 2443, Proposing to Amend the Consumer Legal Remedies Act

State, Top News

May 13, 2020

North Carolina Senate General Assembly has proposed, though not yet introduced, the “Modernize Debt Settlement Prohibition” Bill