TransUnion Corp. restarted the process for an initial public offering, three years after the credit-reporting company was acquired in a $3 billion deal that ended its earlier run at going public. more »
February litigation against collection agencies increased from Januarys across-the-board decline but Telephone Consumer Protection Act litigation continues to significantly lag. more »
The Consumer Financial Protection Bureau issued an enforcement action against a debt collection agency that allegedly threatened borrowers with criminal prosecution and jail time if they failed to pay extra fees for writing bounced checks. more »
Michigan lawmakers adopted a resolution recognizing and commending DBA International for its efforts to protect consumers and creditors through its national Receivables Management Certification Program.
A federal court has halted the operations of a company that calls itself "FTC Credit Solutions." The company allegedly used false affiliation with the FTC to market bogus credit repair services to Spanish-speaking consumers.
The National Foundation for Credit Counseling's acquisition, announced Monday, will create the largest national nonprofit network of certified student loan counselors.
CardFlex Inc. and its principals have settled charges that they illegally processed more than $26 million in consumer charges on behalf of a company called I Works.
A nationwide and cross-border crackdown on auto sales, including loan modifications, has included 252 enforcement actions.
WASHINGTON Large mortgage servicers continued to shed delinquencies as overall loan performance improved in the fourth quarter, the Office of the Comptroller of the Currency said Friday.
Wells Fargo will close its home-lending servicing office in Milwaukee and cut 1,000 jobs, saying fewer homeowners are falling behind on payments and seeking help keeping their homes.
The Public Prosecution Service of Canada has issued a notice seeking collection agencies to pursue a $136 million backlog of delinquent court fines.