CFPB Kicks Off Rulemaking to Remove Medical Bills from Credit Reports
The Consumer Financial Protection Bureau (CFPB) today announced it is beginning a rulemaking process to remove medical bills from Americans’ credit reports.
Newsroom
CFPB Pone en Marcha la Creación de Normativa para Eliminar Facturas Médicas en Informes de Crédito
CFPB anuncia el comienzo del proceso normativo para eliminar las facturas médicas de los informes de crédito de la gente.
Prepared Remarks of CFPB Director Rohit Chopra on Medical Debt at a Press Call Hosted by Vice President Kamala Harris
The Consumer Financial Protection Bureau is launching a rulemaking to block medical debt collectors from weaponizing the credit reporting system to coerce patients into paying bills they may not even owe.
CFPB Exams Find Unfair, Deceptive, and Abusive Practices Across a Wide Array of Consumer Financial Product Lines
Today, the Consumer Financial Protection Bureau (CFPB) released a new Supervisory Highlights report which found unfair, deceptive, and abusive acts or practices across many consumer financial products.
CFPB Sues Snap Finance for Illegally Luring Americans into Expensive Financing and Bullying Borrowers Using False Threats
The CFPB sued lease-to-own finance company Snap Finance for deceiving consumers, obscuring the terms of its financing agreements, and making false threats.
CFPB Demanda a la Compañía Snap Finance por Convencer a Consumidores a Tomar Costoso Financiamiento y por Abusar a sus Prestatarios Usando Falsas Amenazas
CFPB demanda a la compañía Snap Finance por engañar a los consumidores, ocultar términos en sus contratos de financiamiento y por hacer falsas amenazas.
State Partners and CFPB Sue Prehired For Illegal Student Lending Practices
Today, the Consumer Financial Protection Bureau (CFPB) joined with several state attorneys general and a state regulator to take action against Prehired for deceptive marketing and debt collection practices.
Autoridades Estatales y la CFPB Demandan a Prehired por sus Prácticas Ilegales en Préstamos
CFPB y varios fiscales generales y reguladores estatales toman acción contra Prehired por usar prácticas engañosas de mercadeo y cobranzas.
CFPB Takes Action Against Phoenix Financial Services for Illegal Medical Debt Collection and Credit Reporting Practices
The Consumer Financial Protection Bureau (CFPB) took action against medical debt collector Phoenix Financial Services (Phoenix) for numerous debt collection and credit reporting violations.
CFPB Toma Acción Contra Phoenix Financial Services por Prácticas Ilegales de Cobro de Deudas Médicas y Reporte del Crédito
CFPB tomó acción contra Phoenix Financial Services, por violaciones a las leyes en materia del cobro de deudas y el reporte del crédito.
Prepared Remarks of Director Rohit Chopra at the American Association of Healthcare Administration Management
Director Chopra delivered remarks at the May 4, 2023, meeting of the American Association of Healthcare Administration Management's Government Relations Committee and Executive Board.
CFPB Issues Guidance to Protect Homeowners from Illegal Collection Tactics on Zombie Mortgages
Today, the Consumer Financial Protection Bureau (CFPB) issued guidance on debt collectors, covered by the Fair Debt Collection Practices Act, threatening to foreclose on homes with mortgages past the statute of limitations.
Prepared Remarks of Director Rohit Chopra on Zombie Mortgage Debt
Director Chopra hosted a discussion with local community organizations, advocates, leaders, and members of the public about “zombie” second mortgages and other debt collection issues.
CFPB emite directrices contra tácticas ilegales de cobro de hipotecas zombis
CFPB emite directrices a cobradores, cubiertos por la Ley de Prácticas Justas en el Cobro de Deudas, que amenacen con ejecutar viviendas que tengan hipotecas caducadas.
CFPB ordena a delincuente reincidente, pagar $24 millones
La CFPB tomó acción contra Portfolio Recovery Associates, uno de los cobradores más grandes del país, por violar una orden del año 2015 y otras leyes.
CFPB Orders Repeat Offender Portfolio Recovery Associates to Pay More Than $24 Million for Continued Illegal Debt Collection Practices and Consumer Reporting Violations
The Consumer Financial Protection Bureau (CFPB) took action today against Portfolio Recovery Associates, one of the largest debt collectors in the nation, for violating a 2015 CFPB order and engaging in other violations of law.
CFPB Finds One-Third Decline in Collections Items on Consumer Credit Reports
Today, the CFPB released a report examining trends in credit reporting of debt in collections from 2018 to 2022.
CFPB toma acción contra demandas falsas a consumidores
La CFPB llegó a un acuerdo en su demanda contra la firma de abogados Forster & Garbus, LLP por sus prácticas ilegales de cobro de deudas.
CFPB Takes Action to Halt Debt Collection Mill From Bombarding Consumers with Junk Lawsuits
The Consumer Financial Protection Bureau has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices.
Director Chopra’s Prepared Remarks at the CFPB Field Hearing on Nursing Home Debt Collection Practices
Director Chopra delivered remarks at a virtual roundtable exploring challenges around nursing home debt collection practices, and the impact they can have on the financial wellbeing of caregivers, their families, and friends.
CFPB Report Highlights Experiences of Military Families with Medical Billing, Credit Reporting, and Debt Collection
Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on the top financial concerns facing servicemembers, veterans, and military families, based on the complaints they submitted to the CFPB. Servicemembers told the CFPB about billing inaccuracies and that debt collectors used aggressive tactics to recover allegedly unpaid medical bills.
CFPB and New York Attorney General Shut Down Debt Collection Ring
The Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed stipulated judgment in federal court to settle its case against a debt collection enterprise and its owners and managers. The judgment would order all participants in the scheme, based in upstate New York, to exit the debt collection market after their history of deception and harassment. Their debt collection companies would also be shuttered and required to pay a total of $4 million in penalties.
CFPB Report Spotlights Medical Billing Challenges
A report issued today by the Consumer Financial Protection Bureau (CFPB) examines the financial consequences of medical billing and collections endured by individuals and families across the country. The report draws from the rising volume of medical billing and collection complaints submitted to the CFPB.
CFPB Issues Bulletin to Prevent Unlawful Medical Debt Collection and Credit Reporting
The Consumer Financial Protection Bureau (CFPB) today released a bulletin reminding debt collectors and credit bureaus of their legal obligations in light of the No Surprises Act, which protects consumers from certain unexpected medical bills.
CFPB Sues United Holding Group, Its Affiliates, and Its Owners for Illegal Debt Collection Practices
The debt collection company and its owners knowingly used third-party collectors that engaged in unlawful and deceptive tactics.