debt collection

Debt Collection Industry and Merchant Accounts

The market research firm IBIS World reports that the debt collection industry represented a $13 billion market in the US as of May 2013. There… Read More »Debt Collection Industry and Merchant Accounts

Debt collection has been growing in the recent years with the average US household debt rising to more than $130.000. Quite naturally, the most important… Read More »Get Your Debt Collection High Risk Merchant Account

The process of collecting debts can be tricky to newcomers. It is generally unfavorable to startups as well. Traditional banks and many credit processing providers… Read More »CFPB Released Outline Regarding Debt Collection Industry

Victoria’s Secret, one of the world’s most successful lingerie retailers, is facing a class action lawsuit for violating the Telephone Consumer Protection Act. The lawsuit… Read More »Victoria’s Secret Lawsuit Claims Violation of TCPA | Debt Collection Merchant Account

Debt collections scams are on the rise, and it was recently announces that nearly 95,000 victims will split an estimated $4 million US dollars in… Read More »Victims of Debt Collections Scam Get $4 Million

The people of Michigan are being harassed by bad credit repair outfits and debt collectors. The Attorney General Bill Schuette released a list of the… Read More »Michigan Consumers Harassed by Fake Debt Collectors

Debt collectors are never popular with those they collect from, but for the Federal Trade Commission received the 2nd highest number of consumer complaints about… Read More »Gripes of Wrath: Debt Collection 2nd Highest Consumer Complaint Industry

ACA International (the Association of Credit and Collections Professionals) has been investigating complaints to the CFPB Consumer Financial Protections Bureau concerning debt collection methods and… Read More »Are Consumer Complaints about Debt Collection on the Decline?

With medical debt increasing rapidly in the current day and age, the Wall Street Journal has recently made the move of reporting about the uplifting… Read More »Medical Debt to Impact Consumer’s Credit Rating on a Much Lesser Scale