Senate Banking Committee Chairman Sen. Tim Johnson (D-S.D.) is calling for joint action between the Department of Education, Department of Treasury and the Consumer Financial Protection Bureau to address student loan industry issues - including debt collection and loan servicing. more »
T-Mobile has agreed to fully refund its customers for unwanted third-party charges it placed on their phone bills, paying at least $90 million to settle a Federal Trade Commission lawsuit filed earlier this year. more »
In Thailand, the National Legislative Assembly on Friday passed a draft law outlining a ban to protect people from being targeted by rogue debt collectors. more »
The Consumer Financial Protection Bureau is suing a Texas-based company, Union Workers Credit Services, for allegedly deceiving consumers into paying fees to sign up for a sham credit card.
The Texas Attorney General's office is investigating an alleged identity theft ring where the callers sometimes are claiming to be collecting on behalf of a government agency.
Staples Inc., the largest U.S. office-supply retailer, said 1.16 million payment cards may have been affected in a series of data breaches that occurred from July into September.
The Federal Trade Commission and Consumer Financial Protection Bureau hosted a Debt Collection and the Latino Community Roundtable in October to examine how collection and credit reporting impact Latino consumers - particularly those with Limited English Proficiency (LEP).
WASHINGTON - One day a mobile phone giant, the next day a furniture store catering to military service members.
Thirteen St. Louis suburbs are named in a civil lawsuit filed Thursday by Missouri Attorney General Chris Koster's office for alleged predatory traffic ticketing.
One of the defendants behind a massive landline cramming operation that placed more than $70 million in unauthorized charges on consumers phone bills has agreed to settle Federal Trade Commission charges against him.
On Friday, May 4, 2012, I ended my career at the National Federation of CDCUs. I attended a White House conference on cooperatives, flew back to New York that evening and locked the door behind me. On Monday, May 7, I reported to work as Assistant Director of the Consumer Financial Protection Bureau.
The Securities Exchange Commission charged the co-owners of Buffalo, N.Y.-based Reliance Financial Advisors with fraud for allegedly misleading clients about risks associated with a hedge fund managed by a former debt collector.