Tags » Debt Collectors

Former Lobbyist, Son Of Student Loan Debt-Collector, Resigns From Dept. Of Education

In our recent story on the Trump administration’s decision to roll back protections for potentially millions of student loan borrowers, we also told you about new Department of Education advisor Taylor Hansen, a former lobbyist for the for-profit college industry whose father is the CEO of a student loan debt collection company that has been suing Taylor’s new employer since 2015 for the right to charge thousands of dollars in fees to people who are already having trouble paying back their loans. 678 more words

Government Policy

Man Charged With Operating Illegal Debt Collection Business

GLENVIEW — A north suburban man has been charged with operating an illegal debt collection business in violation of a 2015 court order.

Nelson Macwan, 46, of Glenview was arraigned Friday on charges of indirect criminal contempt for operating a debt collection business in Illinois, according to a statement from Attorney General Lisa Madigan’s office. 150 more words


Lawmakers Try Again To Close Loophole Allowing Government To Make Debt-Collection Robocalls

Once again, federal lawmakers are trying to close a recently opened loophole that allows the federal government — and, by extension, contractors working for the government — to blast out automated, unwanted, possibly incorrect, debt-collection robocalls. 243 more words

Telecom & Technology

1st Credit a distant second twice this week

Two good results this week for the Consumer Team at Howlett Clarke, firstly 1st Credit were silly enough to go head to head with me and Tom Brennan, and as a result, lost in spectacular form, and also they faced my colleague Chris Chapman in another matter. 292 more words


Many Americans at one point or another will go into debt. It’s a slippery slope and some are unable to dig themselves out of debt quickly enough to avoid the eventual harassing calls from debt collectors. 116 more words


2 Investigators: Debt 'Collectors' Trick People Into Paying Money They Don't Owe

(CBS) – Debt-collection scams are one of the most popular for con artists preying on the citizens of Illinois.

As CBS 2’s Pam Zekman reports, one woman who was taken for $30,000 was the victim of a repeat offender. 428 more words