Sen. Elizabeth Warren (D-Mass.) promised Wednesday to keep pushing for student loan legislation after a bill allowing borrowers to refinance their debts failed to come up for a vote this week. more »
WASHINGTON The Consumer Financial Protection Bureau has taken a sweeping approach in using its authority to propose supervision of the largest nonbank auto lenders, unveiling a plan that would effectively cover 90% of the market. more »
City officials hope to soon devise a plan that will help recover the money, including presumably out-of-statute debts. more »
Consumer default rates rose slightly in August, reversing a downward trend, according to the latest S&P/Experian Consumer Credit Default Indices.
Several key statistics tracked carefully by collection agencies and creditors surprisingly dropped in August, including lawsuits and complaints filed with the Consumer Financial Protection Bureau.
The state of New York's court system announced new rules Tuesday designed to ban collecting debts that consumers already have paid off, did not incur or where the six-year statute of limitations has expired.
Two fraudulent online payday lending operations based in the Kansas City area have been temporarily shut down after being sued by federal authorities.
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.
New York Attorney General Eric Schneiderman on Tuesday announced the arrest of five people, including three bank tellers, for taking part in an identity theft ring.
The House of Representatives approved an update to the Truth in Caller ID Act of 2009 that protects consumers from receiving calls and text messages on cell phones from a phone number that is deliberately falsified.
Tucker, Albin and Associates Inc. earned a spot on the latest Inc. 5000 list published by Inc. magazine. The list honors growing privately held U.S. companies.
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.