Please contact us if  Med-1 Solutions sued or attempted to collect money from you after October 18, 2011.… Read More

Study finds high default rates in payday lending By Lydia Wheeler – 03/31/15 05:52 PM EDT In studying payday loans in North Dakota, the Center for Responsible Lending found that nearly half of all borrowers default on a loan within their first two years of borrowing. The number — 46 percent — is attributed to… Read More

from Credit & Collection News (industry publication)   Business leaders across the country are warning of the dangers in massive student loan debt, which has overtaken credit card debt as the largest debt in the nation. New York State and federal lawmakers have been inventing new loan forgiveness programs, but for many it’s not enough.… Read More

Stand up to fake debt collectors April 10, 2015 by Lisa Lake Consumer Education Specialist, FTC The caller is irate, intimidating and — despite the foul language — sounds convincing. He says you must make good on a payday loanor your wages will be garnished. If you applied for a payday loan before, you might start… Read More

FTC, Illinois Attorney General Halt Chicago Area Operation Charged With Illegally Pressuring Consumers to Pay ‘Phantom’ Debts The Federal Trade Commission and the Illinois Attorney General’s Office have obtained a court order temporarily halting a fake debt collection scam located in Aurora, Illinois, a western suburb of Chicago. The defendants are charged with illegally using… Read More

A.G. Schneiderman Obtains Settlement With Fourth Debt Buyer Vacating $1.7m In Improperly Obtained Debt-Collection Actions Asta Funding, Inc. to Vacate Over 300 Judgments Totaling Over $1.7 Million; Reform Practices; Pay $100,000 in Penalties and Costs Schneiderman: My Office Will Hold Debt Collectors That Prey Upon New York Consumers Accountable NEW YORK – Attorney General Eric… Read More

National Mortgage Servicing Company Will Pay $63 Million to Settle FTC, CFPB Charges  Green Tree Servicing Allegedly Deceived Homeowners, Many of Whom Were Already in Financial Distress A national mortgage servicing company will pay $63 million to resolve Federal Trade Commission and Consumer Financial Protection Bureau charges that it harmed homeowners with illegal loan servicing… Read More