March

CFPB Reports on Debt Collection Complaints The Consumer Financial Protection Bureau report includes top complaints from consumers received by the bureau since July 2013. Companies have already responded to 82 percent of the complaints. On March 20, 2014, the Consumer Financial Protection Bureau issued a report on the more than 30,000 consumer complaints it has received about the debt collection......

ARMing Heroes Celebrates Five Years Helping Veterans Collection industry charity has donated more than $100,000 to military veterans in need since its inception in 2009. ARMing Heroes, the collection industry’s charity for military veterans, reached a major milestone this month, celebrating five years of helping vets struggling with financial problems. Since its inception in March 2009, donors have generously donated......

Consumer Debt in Canada Remains Flat Canadians depended less on credit during the holiday season, a time of year when debt usually increases, and delinquency rates are declining. Average consumer debt in Canada remained nearly the same between the third and fourth quarters of 2013, according to new data from TransUnion. The third to fourth quarter increase in consumer debt to end......