A collection scam reported in Florida involves e-mails that appear to come from the state attorney's office but originate overseas. more »
The Consumer Financial Protection Bureau has started fielding complaints about nonbank products such as debt settlement, credit repair and pawn and title loans. more »
A U.S. district court on Monday halted a Buffalo, N.Y.-based collection agency from doing business, froze the operation's assets and appointed a temporary receiver to take over the defendants' business pending trial. more »
Federal regulators hope hackers can help put a stop to automated telemarketing calls such as the well known "Rachel from Cardholder Services."
The U.S. Department of Education has not properly overseen the collection agencies it hired to pursue delinquent federal student loans, according to an audit released by the department's inspector general.
Missouri regulators are weighing whether to stop a practice in the state of allowing payday lenders to collect utility bill payments from customers.
New rules published by New York State regulators include better disclosures for collection communications, provisions for email, protections against time-barred collection and stronger verification procedures.
A new report shows a total of 613,874 U.S. properties with foreclosure filings - default notices, scheduled auctions and bank repossessions - in the first half of 2014, a 19% drop from the previous six months.
Expert Global Solutions, the holding firm for collections giant NCO Financial, is selling part of its accounts receivable management business to a private equity firm. Financial details of the pending deal were not disclosed.
Frederick J. Hanna & Associates responded to a lawsuit filed Monday by the Consumer Financial Protection Bureau.
Illinois Attorney General Lisa Madigan filed lawsuits Monday against two student loan servicers, alleging the unlicensed companies imposed illegal fees on delinquent student loan borrowers and deceptively marketed debt solutions.