Court Denies Collection Agency's Petition to Revisit FDCPA Case
An appeals court chose not to revisit a ruling that a collection agency violated the Fair Debt Collection Practices Act when it sent a collection letter revealing a debtor's account number through the envelope's address window. The agency now can either let the decision stand or try taking the case to the Supreme Court.
  more »
Collection company USCB Inc. agreed to pay $2.75 million to settle a Telephone Consumer Protection Act class action lawsuit. more »
Two federal regulators announced lawsuits on Wednesday against two separate payday lending operations.?? more »
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. more »
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. more »
Collection agencies and debt buyers collecting from people in Arkansas must have a license to operate in the state if they want to legally do so, the Arkansas Supreme Court has ruled. more »
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 »
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. more »
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. more »
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. more »
A class-action settlement resolving claims that Bank of America violated the Telephone Consumer Protection Act received a federal district court's final approval - with some changes. The dollar amount, while large, is less than half of a recent record case involving Capital One. more »
The settlement requires Google to change certain billing practices and refund consumers at least $19 million. more »
WASHINGTON — The Consumer Financial Protection Bureau issued a warning Wednesday to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates. more »

Email Newsletters

Get the Payments Update and the Morning Scan when you sign up for a free trial.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.