Fredrick J. Hanna & Associates filed a motion Friday in U.S. District Court to dismiss the Consumer Financial Protection Bureau's lawsuit charging the firm and its three principal partners with operating a collection lawsuit mill. more »
The city of El Paso, Texas is reviewing whether to make a zoning change that would limit where payday and auto loan companies can operate. more »
Compensation, long believed to be the top motivating factor in loan officers' choice of where to hang their licenses, was a runner-up to concerns about professionalism and quality, according to a new survey. more »
Collection agency Convergent Outsourcing filed a petition on Wednesday asking the Third Circuit Court of Appeals to revisit a recent appellate decision in Douglass v. Convergent Outsourcing.
An Internet-based operation that finds potential borrowers for mortgage refinancing lenders will pay a $500,000 penalty to settle charges it tricked consumers with false ads.
ACA International CEO Pat Morris issues a statement regarding the work being done in resolving medical accounts.
In an article published by Education & The Workforce Committee, Rep. Virginia Foxx, R-N.C., argues that the nation needs to move closer to addressing soaring student loan debt and the overall cost of higher education.
Rep. Maxine Waters, D-Calif., plans to introduce the Fair Credit Reporting Improvement Act of 2014 on Wednesday, a measure to overhaul the 44-year-old law governing how lenders report consumer payments to credit bureaus.
Auto loans are in the midst of a U.S. boom that is coming to "the end of the road," according to Pierre Lapointe, head of global strategy and research at Pavilion Global Markets.
The operators of an illegal robocall scheme, under an order Tuesday from a federal district court in New York, can no longer falsely promise to obtain refunds for consumers from the Federal Trade Commission.
Three former executives of a lucrative payday loan operation owned by Montana's Chippewa Cree Tribe received secret payments through a management company, a new lawsuit claims.