#debt-collection

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#student-loans #trump-administration #education-policy #financial-hardship #economic-impact
US politics
fromenglish.elpais.com
1 week ago

ICE's $1,000-a-day fines pressure immigrants to self-deport

The Trump administration is pursuing over $6 billion in fines against deportation-ordered immigrants, using financial coercion, debt collection, and tax measures to enforce compliance.
UK news
fromwww.theguardian.com
3 weeks ago

Britain's biggest bailiff firm forced into refunds programme after overcharging

Marston Holdings overcharged individuals for unpaid debts, prompting a refunds programme and regulatory scrutiny.
US politics
fromwww.housingwire.com
1 month ago

Cypress Loan Servicing settles foreclosure case for $2M

Cypress signed a settlement denying allegations but agrees to ensure consumer protections and compliance with laws regarding mortgage servicing.
US politics
fromwww.independent.co.uk
1 month ago

Martin Lewis' charity says DWP is more aggressive than banks' in clawing back debt

The DWP's rapid debt collection practices for benefit overpayments are severe and can significantly impact vulnerable claimants.
#student-loans
fromBusiness Insider
3 months ago
NYC parents

Thousands of student-loan borrowers are at risk of losing a portion of their Social Security checks starting this month

Bootstrapping
fromBusiness Insider
3 months ago

A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck

Trump's restart of student loan collections is creating financial strain for borrowers like James Southern, who faces a difficult repayment situation.
NYC parents
fromBusiness Insider
3 months ago

Student-loan debt followed them into retirement. Now it threatens their Social Security checks.

Older borrowers with fixed incomes struggle under the resumption of student loan collections, putting their Social Security benefits at risk.
fromBusiness Insider
3 months ago
NYC parents

Thousands of student-loan borrowers are at risk of losing a portion of their Social Security checks starting this month

Bootstrapping
fromBusiness Insider
3 months ago

A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck

Trump's restart of student loan collections is creating financial strain for borrowers like James Southern, who faces a difficult repayment situation.
more#student-loans
UK politics
fromwww.independent.co.uk
2 months ago

Martin Lewis reveals how council tax could change and urges people to act

The Independent advocates for accessible journalism while highlighting key issues like Council Tax reforms and vulnerable populations affected by debt collection practices.
US news
fromFortune
2 months ago

Summer schooling: 2 million student loan holders could have their wages garnished by the government this summer

Nearly 2 million Americans may face wage garnishment this summer due to loan defaults, increasing economic pressure amid policy shifts.
fromFast Company
2 months ago

Credit scores are sinking for millions in the U.S. Here's why

Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection.
Non-profit organizations
#late-payments
more#late-payments
US news
fromwww.npr.org
3 months ago

China is now the biggest debt collector in the developing world, report says

China is shifting from lender to debt collector for poorer nations, impacting poverty reduction efforts.
fromThe Local Germany
3 months ago

EXPLAINED: The consequences for not paying off debts in Germany

If you miss a bill, and a few reminders to pay, in the mail, your German bank account can be slapped with a garnishment.
Germany politics
NYC parents
fromNewsday
4 months ago

What should Long Islanders know as student loan debt collection is set to resume in May

Resumption of student loan collections could harm Long Island's economy, especially with its high proportion of degree holders.
fromBusiness Insider
4 months ago

Trump will revive penalties for student-loan borrowers who are behind on payments. Here's what to expect.

'Going forward, the Department of Education, in conjunction with the Department of Treasury, will shepherd the student loan program responsibly and according to the law...' Education Secretary Linda McMahon.
NYC parents
NYC parents
fromNew York Post
4 months ago

Trump's education boss reveals greedy truth behind Biden's student loan forgiveness: 'They have profited massively'

Linda McMahon defends student loan debt collections, blaming universities for profiting and students burdened by debt.
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