The operators of the scheme the falsely promised to help consumers get loans, but instead used personal financial data to take money from bank accounts without consent, have settled FTC charges. more »
WASHINGTON The Consumer Financial Protection Bureau has yet to issue broad rules for payday lenders, but the bureau's $10 million settlement with ACE Cash Express Thursday sends another strong message about the practices it may target. more »
Amazon.com is accused in a lawsuit filed Thursday of billing customers millions of dollars in charges racked up unknowingly by children. more »
A debt collection telephone scam in West Virginia is targeting consumers by summoning them to court over unpaid credit card accounts - debt that in most cases apparently does not exist.
The Consumer Financial Protection Bureau on Tuesday clarified that when a borrower dies, the name of the borrowers heir generally may be added to the mortgage without triggering its' Ability-to-Repay rule.
Farming should be at the center of the Farm Credit System. Unfortunately, a too-big-to-fail approach has allowed this $247 billion government-sponsored enterprise to overstep its purpose and crowd out private lenders.
The Texas-based lender, charged with various illegal debt collection tactics, has responded to the action.
Overall U.S. consumer borrowing, including credit card borrowing, increased in May - primarily the result of Americans taking out more loans to buy cars.
Australian financial authorities have updated a publication that is partly geared to ensuring collection activity is handled in keeping with the country's consumer protection laws.
The plaintiff seeks class-action status, alleging World Acceptance misled investors and failed to disclose unfavorable business facts.
The Federal Trade Commission added new charges of mobile cramming to a complaint filed against an operation that allegedly sent millions of unwanted text messages and robocalls to consumers.