Coronavirus

1 min read

District of Columbia Places Broad Restrictions on Near All Collections Activity

April 9, 2020 Cucolle1

Like many states, the District of Columbia Council has unanimously passed emergency legislation limiting...

1 min read

Repossession and Collections Moratorium Proposal to be Included in Next Phase of Stimulus Spending

April 8, 2020 Cucolle1

CUCollector.com is attempting to receive a copy of a ten-page memo shared with House...

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Ex-CFPB Director Cordray Pushing a Nationwide Repossession Moratorium to Congress

April 7, 2020 Cucolle1

Former Director of the Consumer Financial protection Bureau (CFPB), Richard Cordray, issued a “White...

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NAFCU Advice on Mortgage Loan Modifications After Forbearance

April 2, 2020 Cucolle1

The other day, we blogged about mortgage loan forbearance and the requirements under the Coronavirus...

3 min read

Understaffed Credit Union Collections Departments Overwhelmed with Deferment Requests

March 31, 2020 Cucolle1

EDITORIAL Amid the unprecedented crippling economic lockdown, the calls by the many members seeking...

1 min read

AFC Launches Customer Relief Program in Response to COVID-19 Impact on Economic Conditions

March 25, 2020 Cucolle1

Eligible Customers Can Defer Curtailment Payments Through End of May on Eligible Unsold Units...

1 min read

Collections and Repossessions Bill that Prohibits All Activity Hits the Senate Floor!

March 24, 2020 Cucolle1

Today, a sweeping amendment to the Fair Debt Collections Act (FDCPA) was introduced into...