The Consumer Financial Protection Bureau (CFPB) has found that debt collectors are using illegal tactics, and it is taking steps to ensure they follow consumer financial protection laws. The regulator said this in a Thursday (Sept. 5) press release announcing findings from its annual report on debt collection,...
Weave has debuted a feature to help healthcare practices collect more outstanding balances. The experience platform for small and medium-sized medical practices has introduced Payment Reminders, a feature that lets clients turn payment invoices or text-to-pay requests into a “set-it-and-forget-it” collection campaign, the company said...
House Republicans are attacking a proposal that would remove medical bills from consumer credit reports. The Consumer Financial Protection Bureau (CFPB) issued its proposed rule in June, quickly drawing a rebuke from Rep. Patrick McHenry, the North Carolina Republican who heads the House Financial Services...
The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer Financial Protection Bureau (CFPB), which found numerous failures in student and auto loan servicing, deceptive and abusive debt collection practices, and...
July 19, 2019
More than a quarter of consumers have one debt in collections, according to data from the Consumer Financial Protection Bureau. A large swath of that is tied to medical debt — but it depends on who is trying to collect, according to a recent agency study.
September 05, 2024
New Mountain Capital is reportedly combining three HealthTech firms in a $3 billion deal. The merger is designed to employ artificial intelligence (AI) to help improve payments from health plans to providers, Bloomberg reported Thursday (Sept. 5). According to the report, the deal will bring together three companies from New Mountain’s portfolio: The Rawlings Group, […]
September 05, 2024
The Consumer Financial Protection Bureau (CFPB) has found that debt collectors are using illegal tactics, and it is taking steps to ensure they follow consumer financial protection laws. The regulator said...
August 27, 2024
Weave has debuted a feature to help healthcare practices collect more outstanding balances. The experience platform for small and medium-sized medical practices has introduced Payment Reminders, a feature that lets...
August 15, 2024
House Republicans are attacking a proposal that would remove medical bills from consumer credit reports. The Consumer Financial Protection Bureau (CFPB) issued its proposed rule in June, quickly drawing a...
