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2013

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USA: Proposal Would Limit Debt Collections Against Federal Workers in Virginia

Proposal Would Limit Debt Collections Against Federal Workers in Virginia Del. Bob Marshall wants to add protections for those affected by the government shutdown. A Virginia delegate wants to restrict debt collection activities against federal workers living in the state that might be affected by the government shutdown. Del. Bob Marshall, R-Manassas, told WTOP in Washington, D.C., that under his proposal, “No......
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USA: Consumer Loan Delinquencies Decline Significantly

Consumer Loan Delinquencies Decline Significantly The improving economy is a factor in delinquencies declining to below their 15-year average, and the trend is expected to continue. Consumer delinquencies declined in the third quarter of 2013 as the economy improved and people better managed their finances, according to results from the American Banker’s Association Consumer Credit Delinquency Bulletin released Jan. 9.......