A group of defendants will pay approximately $10 million to the Federal Trade Commission to settle charges that they operated a massive scam. more »
Consumer credit default ranks showed an uptick in September, according to the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults. more »
Complaints against the collection industry logged with the Consumer Financial Protection Bureau dropped last month. more »
Immigrant reform advocates want an Arizona judge to block two laws that have been the legal foundation for raids on businesses and the arrest of immigrant workers using stolen or fake IDs to get jobs. Supporters of the laws say ID theft victims can run into many problems as a result, including obtaining loans.
The biggest fear cited by nearly 1,400 people who were polled is that they won't have enough money to pay the monthly bills.
The average annual cost of cybercrime to companies has nearly doubled in the last five years, a new report from a cybersecurity research firm says.
Northland Group Inc., based in Minneapolis, recently acquired the collection business of Accounts Receivable Management Inc.
Consumer litigation against debt collectors jumped in September after an August slowdown.
A U.S. district court has stopped a group of marketers in California and Nevada from conducting business using "free" trial offers and tricking consumers into disclosing their credit and debit card information.
A New York federal judge erred in ruling a collection agency did not violate the Telephone Consumer Protection Act, an appeals court ruled Thursday.
Community Health Systems Inc., a Franklin, Tenn.-based for-profit hospital operator, faces a lawsuit as a result of a large data theft that left patient information of an estimated 4.5 million people at risk.
Minnesota Attorney General Lori Swanson's office on Wednesday sued Texas-based Apex Merchant Group LLC for using "bait and switch" tactics against small businesses.