An ACLU chapter sued Benton County, Wash., accusing it of sending people to jail or forcing them to toil on work crews if they fail to pay their court fines. The class-action case wants a ruling on the constitutionality of the county's collection strategies.
Consumer borrowing rose in August at the slowest pace in six months, reflecting a cooling in lending for student loans and autos, but still reached a record $3.47 trillion, according to Federal Reserve figures.
U.S. bankruptcy filings totaled 629,570 in the first nine months of the year, an 11% decrease from the 705,728 total filings during the same period a year ago, according to the American Bankruptcy Institute.
When Experian acknowledged Thursday that hackers had broken into one of its servers, it was bad news for everyone. Not just the 15 million T-Mobile customers whose personal information was compromised.
The head of a sham debt relief operation agreed to a judgment of more than $7.9 million to settle Federal Trade Commission charges that he deceived consumers and charged them thousands of dollars while providing nothing in return.
Collection agency Pioneer Credit Recovery on Thursday began a one-year contract to pursue nearly $3 million in unpaid Trenton (N.J.) Municipal Court fines from people who lost their traffic, drug or other court cases.