​THE Senate approved on third and final reading Senate Bill 1744, which aims to protect borrowers from abusive and deceptive debt collection practices while allowing creditors to recover legitimate ...

On September 5, 2024, the Consumer Financial Protection Bureau (CFPB) released its annual report on debt collection, drawing attention to a range of activities with respect to medical and rental debt ...

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The Fostering Affordability and Integrity through Reasonable Business Practices Act, or FAIR Business Practices Act, was introduced and sponsored by New York state Attorney General Letitia James, ...

Debt collection activity has intensified significantly over the last year, and with borrowers now carrying over $1.23 trillion in collective credit card debt and household financial stress at elevated ...