Nanci Hellmich, USA TODAY About two-thirds of card holders who requested a lower interest rate received it, a survey shows. Many credit card holders who request lower interest rates or a break on late payment fees on their cards are getting what they ask for, according to a report out today from CreditCards.com Credit card…
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Old Debts, Fresh Pain: Weak Laws Offer Debtors Little Protection. Critics say the 1968 federal law that allows collectors to take 25 percent of debtors’ wages, or every penny in their bank accounts, is out of date and overly harsh.
by Paul Kiel, ProPublica, and Chris Arnold, NPR, Like any American family living paycheck to paycheck, Conrad Goetzinger and Cassandra Rose hope that if they make the right choices, their $13-an-hour jobs will keep the lights on, put food in the fridge and gas in the car. Debt Collection Stories We asked readers to tell…
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Overview of the Florida Consumer Collection Practice Act
Adam Brandon As discussed in a prior post, the Florida Consumer Collection Practices Act (FCCPA) can apply to both debt collectors (like collection agencies) and lenders who seek to collect their own debts. The FCCPA is broader than the federal Fair Debt Collections Practices Act (FDCPA), which only regulates the behavior of third-party “debt collectors.” This…
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Donate to the ASPCA and Help Animals
Donate to the ASPCA and Help Animals For over 140 years, the ASPCA has worked tirelessly to end animal cruelty. From education and care to adoption and rescue, the ASPCA is making a life-changing difference for animals across America. Your support will mean so much to the animals right in your community. Thank you for…
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