On Your Side: Federal Trade Commission to refund $5 Million to customers of debit relief
The Federal Trade Commission filed a lawsuit against ACRO Services in November of 2022 and from that lawsuit the FTC will be ...
NBC Los Angeles2d
FTC issues over $5 million in refunds to victims of credit repair scheme
A November 2022 lawsuit filed by the organization alleged ACRO Services stole millions of dollars from customers under the ...
Business Insider3d
You can pay to get debt relief — but most people overlook 3 key facts before signing up
I know someone who ran up a $40,000 credit card bill and tried to negotiate ... Foundation for Credit Counseling (NFCC). The ...
What is the credit card debt collection process?
Understanding these steps can demystify the process and help you find the right approach to get rid of your debt.
How do you prove a credit card debt is uncollectible?
C redit card debt has become a serious issue for millions of Americans. In late 2024, the total amount of U.S. consumer ...
ConsumerAffairs2d
ACRO Services customers getting $5 million in refunds
The Federal Trade Commission (FTC) is sending over $5 million in refunds to people who were affected by a deceptive credit ...
CNBC14d
Credit card late fees cost Americans billions a year — now they're capped at $8
New government regulations are slashing the late fees charged by many credit card companies. On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty ...
Marketplace1d
Consumers are still strong, despite rising debt delinquencies
Though many households are faltering on credit card and auto loan payments, wealthier Americans are keeping the spending metrics robust.