Italy's Record €32.7 Billion Tax Recovery in 2024
Italy's 2024 tax recovery reached a record €32.7 billion, surpassing 2023's €31 billion due to increased government-agency coordination and a new agency head; the success is linked to both ordinary and extraordinary tax measures, with ongoing debate about potential future tax forgiveness.
Italy's Record €32.7 Billion Tax Recovery in 2024
Italy's 2024 tax recovery reached a record €32.7 billion, surpassing 2023's €31 billion due to increased government-agency coordination and a new agency head; the success is linked to both ordinary and extraordinary tax measures, with ongoing debate about potential future tax forgiveness.
Progress
60% Bias Score
Record-High Credit Card Debt Fuels Delinquency Crisis
As of Q3 2024, the average American credit card debt reached nearly $8,000, with a 9% delinquency rate, causing credit damage and leading to legal debt sales to third-party collectors, a practice permitted under federal law and regulated by the FDCPA.
Record-High Credit Card Debt Fuels Delinquency Crisis
As of Q3 2024, the average American credit card debt reached nearly $8,000, with a 9% delinquency rate, causing credit damage and leading to legal debt sales to third-party collectors, a practice permitted under federal law and regulated by the FDCPA.
Progress
28% Bias Score
Texas Man Arrested for Threatening Debt Collection Agency
Taylor Bullard, a 34-year-old Texas man, was arrested on Friday for sending threatening emails to a debt collection agency over a disputed $543 debt, referencing using a machete and gasoline, and citing prior threats made to other companies in 2017 and 2022; he was released on $25,000 bond.
Texas Man Arrested for Threatening Debt Collection Agency
Taylor Bullard, a 34-year-old Texas man, was arrested on Friday for sending threatening emails to a debt collection agency over a disputed $543 debt, referencing using a machete and gasoline, and citing prior threats made to other companies in 2017 and 2022; he was released on $25,000 bond.
Progress
36% Bias Score
Putin Signs Laws Increasing Penalties for Financial Fraud and Debt Collection Abuse
Russian President Vladimir Putin signed laws increasing penalties for financial fraud and abusive debt collection, expanding pension eligibility in new regions, and regulating data transparency during wartime.
Putin Signs Laws Increasing Penalties for Financial Fraud and Debt Collection Abuse
Russian President Vladimir Putin signed laws increasing penalties for financial fraud and abusive debt collection, expanding pension eligibility in new regions, and regulating data transparency during wartime.
Progress
24% Bias Score
Credit Card Delinquency Surge Prompts Debt Collection Concerns
Facing rising credit card debt, millions of Americans are struggling with payments; 20% of users are maxed out, and 9% of payments are delinquent, leading to potential legal action from debt collectors, but the FDCPA protects consumers from harassment and deceptive practices.
Credit Card Delinquency Surge Prompts Debt Collection Concerns
Facing rising credit card debt, millions of Americans are struggling with payments; 20% of users are maxed out, and 9% of payments are delinquent, leading to potential legal action from debt collectors, but the FDCPA protects consumers from harassment and deceptive practices.
Progress
32% Bias Score
Debt Collection: Consumer Protections Under the FDCPA
The Fair Debt Collection Practices Act (FDCPA) requires debt collectors to provide detailed documentation proving the validity of a debt (original credit agreement, account statements, etc.) when contacted; failure to do so makes collection efforts illegal; 53% of 2023 CFPB complaints concerned debt...
Debt Collection: Consumer Protections Under the FDCPA
The Fair Debt Collection Practices Act (FDCPA) requires debt collectors to provide detailed documentation proving the validity of a debt (original credit agreement, account statements, etc.) when contacted; failure to do so makes collection efforts illegal; 53% of 2023 CFPB complaints concerned debt...
Progress
44% Bias Score
Germany Shortens Schufa Negative Entry Deletion Time
Starting January 1st, 2025, Germany's Schufa credit agency will delete single overdue payment records after 18 months (instead of 36), if paid within 100 days of notification; impacting approximately 120,000 people.
Germany Shortens Schufa Negative Entry Deletion Time
Starting January 1st, 2025, Germany's Schufa credit agency will delete single overdue payment records after 18 months (instead of 36), if paid within 100 days of notification; impacting approximately 120,000 people.
Progress
44% Bias Score