Debt Collection Articles
& General Credit related blogs by
Marcadis Singer, PA
Florida Debt Collection Attorneys & Creditors’ Rights.
A Better World – Marcadis Singer PA, Debt Collection Attorneys
Credit Card Defaults On The Rise
All of a sudden Americans are defaulting on their credit cards The American economy has been fairly robust recently - unemployment hit the lowest level in 16 years and stocks reached an all-time high recently. So why have Americans, all of a sudden, stop paying off...
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U.S. Treasury reform – Consumer Financial Protection Bureau
Sweeping plans of the U.S. Treasury Department, including the Consumer Financial Protection Bureau (CFPB) were recently unveiled that would shake up the regulatory financial framework of the country and if implemented, would fulfill the wish list of big businesses on...
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Supreme Court will not expand debt-collection abuse law
In Santander case, Supreme Court will not expand debt-collection abuse law Santander’s main business is auto loans, which includes the subprime segment that is currently under close scrutiny The subprime lending sector is still under close scrutiny, the top court...
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5 Monthly Bills Impacted by your Credit Score
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Palm Reading Stops Debt Collection? Bad Excuses Continued.
This comes to us from a debt collection friend "up north" where a debtor explains their trip to a fortune teller, and why they are choosing to not pay their past due debt. "I had my palm read, and she said I had a very short lifeline. So I figure why bother...
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Trump to Cordray @ CFPB: You’re Not Fired
The many reasons why the CFPB (Consumer Financial Bureau) Chief should be fired. President Trump is famous for firing people, but he seems hesitant to pull the trigger on Richard Cordray Director of the Consumer Financial Protection Bureau (CFPB) even though a great...
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Debt Collection – Best Excuses
My bookkeeper had an accident, she was trying to put on a sports bra, sprained her neck, and has to wear a cervical collar so she can't look down to fill out checks. We don't claim to have gotten all of these excuses, they come to us from all over the internet....
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Florida Judgment Interest Rates, Q3 2017
Effective July 1, 2017, the Judgment Interest rate for the third quarter of 2017 (July 1 – September 30) will change to 5.17%. Florida Statute, 55.03 (1) On December 1, March 1, June 1, and September 1 of each year, the Chief Financial Officer shall set the rate of...
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Bill aims to shield veterans’ credit rating
Hultgren bill aims to shield veterans’ credit rating from VA medical payment waiting times A bill reintroduced by U.S. Rep. Randy Hultgren (R-IL) aims to protect the credit scores of veterans by having a grace period so that medical billing problems can be resolved at...
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Unintentional Repercussions of the TCPA
ACA Publishes Report Emphasizing the Unintentional Repercussions of the TCPA as it Fails to Adjust to Consumer Usage of Today's Technological Innovations ACA International, the Association of Credit and Collection Professionals, published a report, Unintended...
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Florida in Top 10 For Jobs! Is your Judgment now collectable?
Florida has been named among the country’s top 10 best states for job seekers by the folks at WalletHub. Is your Judgement now Collectable? During the recession, we watched a lot of people win judgments in court, and not be able to collect them. Our state's...
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More Debtor Excuses! Tired of excuses yet? Call!
Your check went in the phone company envelope by mistake. You must have their check. Please sort it out with them. As Florida Debt Collection Attorneys ... we've heard a batch of excuses, some lame, some heartbreaking, some hillarious. For the most part, debtors do...
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5 Approaches for Dealing with Student Loan Delinquency
5 Approaches for Dealing with Student Loan Delinquency The Federal Reserve Bank of New York published a quarterly report last month on household debt and it showed that student loan delinquencies were still rising. As of Q4 of 2016, 11.2% of all student loans were 90...
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