Consumer Insolvencies in Canada Climb to Highest in 8 Years

May 26, 2019CreditBy toptierfinancial

1 / 2 Consumer Insolvencies in Canada Climb to Highest in 8 Years (Bloomberg) — Canadian consumers filed the most insolvencies in eight years in March, an indication record debt levels may be catching up with an … Continue reading →

Read more: creditandcollectionnews.com

CFPB Targets Credit Card Late Fees As Junk Fees, Proposes Significant Reduction In Safe Harbor For Card Issuers

Mass AG Campbell Reaches $6.5 Million Settlement With Home Security Company

U.S. Foreclosre Activity In January Continues To Increase Annually For 21 Consecutive Months

Challenge To NY’s Rent Control Law Heads To US Supreme Court

CFPB Looks to Expand Its Oversight of Nonbanks through Two Controversial New Registries

$5MM TCPA Robocall Class Action Settlement

Illinois Passes Law To Give Bank Access To Low Income Communities

Credit card debt increased to record $931 billion

Nearly 1 in 4 Americans in relationships are hiding financial secrets from their partners

President and CEO Dan Schulman Announces Intention to Retire from PayPal at Year-End

Fifth Circuit Finds CFPB Funding Mechanism UnconstitutionalFifth Circuit Finds CFPB’s Funding Mechanism Unconstitutional

CFPB Takes Action To Address Junk Data In Credit Reports

87% Of U.S. Landline Calls Are Unwanted

U.S. FTC votes to strengthen rules against fake online reviews and hidden fees

The Fifth Circuit’s Decision Finding The CFPB Is Unconstitutional And Overturning Its Payday Lending Rule Is Legally Defective

CFPB/Fed/OCC increase exemption thresholds for appraisal requirement, Regs Z and M (UPDATED)

Elizabeth Warren among senators looking to crack down on ‘junk fees’ from remittance providers

Banks Saddled With $30 Billion in Unwanted Debt in Risk Exodus

Debt Collection Tips For Law Firms

8 updates on medical debt

Medical Debt, Collection Practices Targeted In New State Laws

CFPB Releases Findings On Credit Reporting Agencies’ Complaint Responses

Merchant Cash Advance Providers Banned From Industry, Ordered To Redress Small Businesses

New York Governor Signs Bill On Money Judgments

BNPL Gains Favor as Budgeting Tool for the Financially ‘Worry-Free’

Hudson River Community Credit Union donates $20,000 to area youth centers

Credit Conundrums: Paying Off The Holiday Debt Into The New Year

Consumer spending jumps past pre-pandemic levels amid online boom

Georgia Federal Court Dismisses Claims Against Debt Collector For Calls Made To Debtor’s Mother

ACA Renews Request For Emergency Injunction In Lawsuit Over Nevada Medical Debt Law SB 248

Biden Won’t Extend Student Loan Relief And Confirms Student Loan Payments Restart February 1

Medical debt in the US: 11 numbers to know

Banks unable to build on rate rise bounce

Equifax to add ‘Buy Now, Pay Later’ programs to credit history

Patients, Advocates Applaud State Medical Debt Rules For Better Protecting New Mexicans

Three New ACA Education Sessions Slated for January

New Medical Debt Collection Bill Protects Consumers

CFPB Opens Investigation Into Buy Now, Pay Later Credit Programs

Omaha man warns fishy debt collection call around holidays

Commercial Credit Acquires Keystone Equipment Finance

Student Loan Payment Pause Extended Through May 1

Credit Acceptance Settles Mississippi Lawsuit Over ‘Unfair And Deceptive Practices’

Pennsylvania Exempts Canceled Student Loans From Taxes

Tyndall Federal Credit Union deposits $11 million into members’ accounts

65% of Americans Have Made a Purchase with a Credit Card in the Last 12 Months

American Express Expands Partnership with Nova Credit to Help Extend Credit to More Newcomers to the U.S.

California Debt Collection Licenses Due By End Of Year

Almost 100,000 Americans fell victim to credit card fraud

Student Loan Payments Restart Soon: What You Need To Do Now

Using Debt Verification And Debt Validation Letters To Respond To Collectors

TransUnion Forecasts Slow Growth In Consumer Credit in 2022

The New Reg F: Updates To The Fair Debt Collection Practices Act

Buy Now, Pay Later In CFPB’s Crosshairs

When Do Credit Cards Get Reported to the Credit Bureaus?

New Debt Collection Rules Could Lead To Scams

Lawmakers Warn FinTechs About Potential Bias Baked Into AI-Based Financial Tools

‘Debt collectors are chasing me for a £1.99 toy ice cream van’

Credit Union Conferences in 2022: An Evolving List

TransUnion Forecasts Originations to Non-Prime Borrowers Will Continue to Rise for Many Credit Products in 2022

DFPI Reaches Agreement To End High-Interest Rate Loans Marketed By LoanMart For 21 Months

Phantom Debt Collectors Permanently Banned From Industry In FTC Settlement

Credit Unions in the West & East Welcome New Talent

Should You Use A Credit Card To Pay For Medical Bills?

Loans can become unwanted debt

More than 30% of Americans have medical debt

Medical Debt Crushes Black Americans As Hospitals Sue To Collect

Credit Card Debt Rose By $17 Billion In The Third Quarter

Half of Americans Believe That Debt Won’t End at Retirement

California DFPI Seeks Comments on Modifications to Proposed Regulations Under Debt Collection Licensing Act

In the BNPL Future, Everyone is a Lender

PSCU Collaborates with CPI Card Group to Reduce Plastic Waste

Most Americans with Medical Debt Owe More Than $2000

Senator Doubles Down On Data Privacy, Sends Letter to CFPB

Visa launches crypto advisory service for financial institutions, merchants

Receeve, a debt recovery and collection platform, takes total funding to $16M with ABN AMRO

Servus Credit Union shares $54.6 million in profits with member-owners

PenFed Credit Union receives four 2021 Sarpy County People’s Choice awards

Wisconsin Hospitals Revved Up Debt Collection

CFPB Clarifies How Debt Collectors Can Contact You On Social Media

CFPB Announces Ceiling On Allowable Charges Under FCRA Will Increase In 2022

Current Mortgage Rates Tick Higher

Debt Collectors Can Now DM Debtors On Social Media

Debt Collection Rule And Call Limits

Credit card applications are on the rise

NY Consumer Fairness Act Impacts Debt Collection

Credit Card Balances And Household Debt Rise To Pre-Pandemic Levels

Buffalo-Based Debt Collection Businesses Shut Down By NYS Attorney General’s Office

U.S. Bank Profits Dip On Slower Reduction In Loan Loss Provisions

Encore Announces Findings Of Economic Freedom Study

Mortgage debt growth accelerates, but borrowing activity stalls

Millions more are buying now but paying later, credit data company Equifax finds

Class Action Targets Credit Card Processor for Merchants’ Claims of Fraud

Millions of consumers have cut their debts, so why are financial experts sounding alarms?

Illinois Judge Sees No Injury Over Partial Reveal In Debt Collection Letter

Synchrony Bank To Pay $3.5M To Settle Debt Collections Lawsuit

Fair Debt Collection Suit Over Disclosure of Consumer Info Removed to Fed Court

PenFed Credit Union Partners with Wreaths Across America to Honor Veterans and Provide Remembrance Wreaths for Gold Star Families

Mountain West Credit Union Association President and CEO Scott Earl announces retirement

California Utilities Leaving Millions in Debt Relief on the Table

Equifax, Others Sued over Fair Credit Reporting Act Claims

Eleventh Circuit Revises FDCPA Decision In Hunstein Case

Congress Urges CFPB To Crack Down On Inaccurate Credit Reports

Americans Have Never Been In So Much Debt

Credit card interest rates are near all-time highs

43% of Americans Have Less Than $500 Saved for Medical Bills

More than 50% of Americans are credit card ‘deadbeats’

Leominster Credit Union donates to Fathering Fathers

Medical Debt and Reg F: Communication, Communication, Communication

More than 10-million in SA have impaired credit records

Americans Paying 25% More Towards Car Loans Than 10 Years Ago

CFPB Concerns About Section 1071 Regulatory Burdens on Small Banks

Freddie Mac Wants Landlords to Report Rent Payments. That Could Help Renters Build Credit

Irish Credit Bureau faces €1.84m redundancy costs as liquidation looms

Consumer Credit Use Grows At The Slowest Rate In 7 Months

U.S. Auto Loan Debt Balloons To $1.4 Trillion

Credit-card giants shrug off rising buy-now, pay-later threat

Alliant Credit Union Provides Three Loans Totaling $51M for Student Housing Deals in Southeast, Texas

FTC Returns Money To Consumers Harmed By Phantom Debt Collector

Small banks, credit unions warned to brace for pandemic aftershock

Congress’ Meddling With Your Credit Card Fees Could Cost You

Card Issuers Have Resisted Slashing Credit Limits During Pandemic

Painful Debt: How Credit Card Bills Can Hurt Your Health

Navigant Credit Union announces two promotions on award-winning residential mortgage team

Justice Department Obtains Over $1.5 Million from American Honda Finance Corporation to Compensate Servicemembers Whose Federal Rights Were Violated

Big banks resist most direct road map to net zero emissions

With U.S. Credit Default No Longer a Likely Threat, Eyes Turn Back Toward the Fed

CFPB Report Examines Credit Card Debt Decline

Minorities hit hardest by student loan debt

PenFed Credit Union Receives Gramercy Institute’s ‘2021 Financial Content Marketing Award’ in Consumer Lending Category

Tuberville Bill Would Nix Proposed IRS Bank Monitoring Measure

Record number of credit cards opened in June

Will Medical Bills Impact My Car Buying Ability?

Student Loan Forgiveness Won’t Be Available For Everyone, But This Plan Is Available Now

Equifax, Prosper Marketplace Sued Over Credit Report Claims

Big Credit Card Issuers Make Their Moves In Buy Now/Pay Later

Student Debt Weakens Retirement Security

Facebook To Act As Debt Collector For Everyone But Civilian White Men

NCUA has asked credit unions to comment on crypto. So far, crickets.

DFPI Bulletin Digest: September 2021

Monterey Financial Services Acquires Continental Central Credit

D.C. Mayor Makes The Call On Amended Debt Collection Legislation

Credit Card Revolving Debt Approaching $1 Trillion

Payday Lenders Lick Their Chops in Anticipation of New Loan Surge

No, Biden Can’t Forgive Student Loans By Executive Order

FTC Approves Changes to Five FCRA Rules

Education Department Garnished Wages For Student Loans Despite Covid-19 Moratorium, But 11,000 Borrowers Still Need A Refund

Credit Acceptance Announces Resolution Of Litigation With Massachusetts Attorney General

Mountain America Credit Union Celebrates 100th Branch in Henderson, Nevada

Debt Collector Hit By Massive Ransomware Attack

CFPB initiates new credit card agreement technical specs

6th Cir. Holds Mere Confusion Does Not Impart Article III Standing, Reverses FDCPA Ruling in Favor of Defendant

Credit Card Charge-Offs: The Lowest Rate since 1985

TransUnion To Buy Consumer-Data Aggregator Neustar For $3.1 Billion In Cash – Yahoo Finance

U.S. Bank Profits Drop As Industry Slows Reductions In Credit Loss Provisions

Debt Collecting Company Faces Lawsuit After Single Phone Call In Attempt To Collecting An Alleged Debt From The Plaintiff

Amazon and Walmart are cutting out banks as they crack the code for finance

FTC Clarification On FCRA Rules Applying To Motor Vehicle Dealers

TransUnion To Buy Information Services Firm Neustar For $3.1 Billion In Cash

Credit card debt plagues renters as eviction moratorium expires

Credit Acceptance (CACC) Settles Auto-Loan Lawsuit, To Pay $27.2M

Citigroup Credit Card Delinquency Rate Improves; AmEx Holds Steady

Minnesota Regulator Issues Consent Order Against Lexington Law

FTC Sends Refund Checks To People Harmed By Abusive Debt Collector

Why some backers of student lending product welcome CFPB crackdown

The CFPB Looks to Increase Transparency for Small Business Loans

CFPB Finds That Income Share Agreements Are Credit Products

U.S. Credit And Debit Card Spending Up 21% In July

Debt collection: The hidden downside of BNPL

The CFPB Latest Proposed Rule Focuses on Small Businesses’ Access to Credit

Debt Collector To Repay $1.6M To Washington Consumers

Negative Media Coverage Is Curtailing Medical Debt Lawsuits Against Patients

Rethink Debt Collection with AI and ML

CFPB Issues NPRM on Dodd-Frank 1071

How to minimize credit damage from medical bills

Hospitals Stopped Suing Patients For Unpaid Medical Debt After Media Exposure & Public Pressure

California Licensing Requirements Checklist Posted On NMLS

Judge Grants Final Approval To $1.1 Million Settlement Against Debt Collector

California must end legal abuse of borrowers by collection agencies

Mississippi hospital has sued more than a hundred of its own employees over medical debt

Credit Card Issuers Struggle To Meet Evolving Customer Expectations

Georgia Settles With Debt Collection Company

FHFA Announces Fannie and Freddie Housing Goals Through 2024

CFPB Says Loan Originations Rose in 2020, Led by Refinancing

Medical Debt Soars To $140B; States Without Medicaid Expansion Hit Hard

Funding Circle Debt Buyer Wrongly Shared PGs With Credit Agencies

Majority of Navient borrowers ‘underwater’ on student-loan payments

New Bill Would Allow Student Loan Bankruptcies

A senator said 3 decades ago the student-loan system was broken. Everything has gotten worse since.

California DFPI Seeks Several Comments On Draft Regulations, Including Debt Collection Licensing Act

Medical Debt Firm Liable For Violating Do-Not-Call Request, Appeals Court Rules

Fannie’s New Rental History Credit Boost Not as Simple as it Sounds

‘All-In’ 36% Rate Cap Would Reduce Access To Credit For Millions

T-Mobile Says Hack Exposed Personal Data of 40 Million People

64 Debt Collection firms file for registration with National Bank of Ukraine

10th Circuit Agrees Debt Collection Agency Violated Law In Contacting Consumer

Senators probe Amazon’s biometric payment system, Amazon One, over privacy concerns

Student loan companies spend millions on lobbying amid extended loan moratorium

Healthy Credit Market Drives Lending Rebound

Healthy Consumer Credit Market Drives Return to Lending

Student Loan Cancellation Through Bankruptcy More Likely Than Wide-Scale Student Loan Forgiveness If Congress Passes This New Bill

Americans’ debt rose $313B in Q2 – here’s how to help pay yours down

Medical debt is hitting hardest for people in the South

Consumer Credit Default Indices Show Fourth Straight Drop In Composite Rate In July 2021

Eastern District Of NY Dismiss Six FDCPA Cases Over Language Use

Georgia Reaches Settlement with Turtle Creek Assets after Allegations of Violating Fair Debt Collection Practices Act and Georgia Fair Business Practices Act

Small banks and credit unions fear heavier toll from new lockdowns

Millions Of Americans See Credit Card Limits Cut And Accounts Closed During COVID-19 Pandemic

Nearly one million credit cards offered on underground forum

FTC Sends Nearly $2.3 Million In Refunds To People Who Lost Money To Credit Card Debt Relief Schemes

Auto Loan, Credit Card Applications Hit Records in the US

‘It Broke My Heart’: St. Dominic’s Debt Collectors’ Tactics Cause Lasting Damage

June Case Filings Up For FDCPA, FCRA and TCPA

Senators Introduce Bipartisan Bill To Allow Student Loan Discharge In Bankruptcy

Lenders, Debt Collectors Got Millions In Pandemic Bailouts

NJ Court Rules In Favor Of Bank After Wrong Number Added

Eviction moratorium could leave landlords, tenants in the lurch with growing rental debt

Washington, DC City Council Unanimously Approves Amended Debt Collection Legislation

New Mexico Sets Rules To Launch Pandemic Debt Collection

Consumers are charging much more than credit card balances might suggest

Loan defaults drop below pre-pandemic levels

Can a Debt Settlement Firm Charge Upfront Fees?

Hunter Law Puts Limit On Debt Collecting For Municipal Ordinance Violations

A New Think Tank for Debt Collection Issues In California

Discharge Student Loans In Bankruptcy? Courts Disagree — But Reform Could Be Coming

7th Circuit Shrinks Lawyers’ $59 Million CFPB Penalties

Graduate Students Owe Nearly Half of All Student Loan Debt

Senate Economic Policy Subcommittee Sets Hearing On Student Loans

Californians Took Out 40% Fewer Payday Loans Amid Pandemic

$113M Caro Federal Credit Union takes on Wells Fargo

Medical Debt Now Outweighs All Other Personal Debt In U.S.

How Banks Are Helping Low-Income Americans Save for Their Futures

American Bankers Association cites value for businesses in accepting credit cards

7th Circuit Says Credit Agencies Need Not Dig Into Debt Ownership

AG Healey Warns Debt Collectors That Child Tax Credit Payments Are Off Limits

California Debt Collection License Applications Will Be Available Sept. 1

Tax Refund Offsets For Student Loans Set To Resume

Private Student Loans Can Be Discharged In Bankruptcy, Court Tells Navient

Consumer Delinquencies Fell In First Quarter

Colorado Repeals Ban on Credit Card Surcharges

Bill Would Allow Debt Settlement Companies To Operate In Ohio

Will Biden cancel student debt with an executive order?

New Rental Credit Reporting Partnership Aims to Help Renters—Will Landlords See Benefits, Too?

CFPB on Buy Now Pay Later and How to Put in Practice

3rd Circuit Ruling On Bar Codes Has Implications For Debt Collectors – JD Supra

Why Banks & Credit Unions Should Pounce on the ‘Payday Revolution’ – The Financial Brand

Navient must face broad borrower lawsuit over payment allocation – Reuters

DC makes moves to combat ‘aggressive debt collection’ after COVID protections expire – WTOP

Settlement Reached in Lawsuit Over Municipal CU’s Fraud & Corruption Case – Credit Union Times

President Biden Signs Bipartisan Bill to Curb Predatory Lending | The Crusader Newspaper Group – The Chicago Cusader

Biden administration cancels additional $55.6 million in student debt – USA TODAY

Americans Are At Least $27.6 Billion In Debt To Courts

Biden Removes Chief Of Housing Agency After Supreme Court Ruling

New Bills Would Reshape Credit Reporting For Private Student Loan Borrowers And Other Consumers

Consumer Demand For Auto Loans, Credit Cards Up 39 Pct In April

Preferred Collection And ACA Tell 11th Circuit That SCOTUS Opinion In Ramirez Supports Request For Rehearing In Hunstein

Consumer Files Complaint Against PayPal and TrueAccord Over Wrongful Debt Collection Practices

California Moves To Regulate Debt Settlement Industry

Credit Unions Helped Save Small Business

Senators call for consumer protections against ‘involuntary’ medical debt

New York DFS enters into two dealer finance charge consent orders

Congress considers credit-reporting overhaul, including putting government in charge of scores

Senators Urge Biden Admistration To Protect Patients From Medical Debt Collections

California Legislature Looks To Halt Child Support Debt Collections

Tori Spelling’s debt collector demands LA Sheriff’s Office force star to pay $6K debt

Transworld Systems Completes Acquisition Of Account Control Technology Holdings

CFPB Issues Consent Order Against Auto Lender For Fee And Interest Practices

Private Label Credit Cards Market Buffeted by COVID-19

Indiana District Court Grants Partial Summary Judgment for Defendant in FDCPA Case

Consumer Credit Default Indices Show Second Straight Drop In Composite Rate In May 2021

Connecticut Debt Collectors Can Continue To Work From Home

What Small Business Owners Need to Know About Credit

CFPB Releases Latest Supervisory Highlights on Consumer Reporting Accuracy, Debt Collection and Public Service Loan Forgiveness

Credit insurance industry ready to take back underwriting control as government reinsurance scheme ends

FHFA Follows CFPB To Protect Borrowers Once COVID-19 Foreclosure And Eviction Moratoriums End

New California laws address student loans

House Democrats Propose Government-Run Credit Reporting System

ABA Credit Conditions Index: Business and Consumer Credit Markets to Experience Sustained Rebound

Meet some Buffalo debt collectors accused of unlawful practices

Credit Card Balances Drop By Second-Largest Amount Since 1999

ACA International Welcomes New Members in May

Fears of Post-Hardship Defaults Overblown

Student Loans Report Claims Student Loan Servicers Failed You During Covid-19 Pandemic

Wisconsin District Court Orders Sanctions for Consumer Attorneys in Two Cases

As credit unions resume M&A, bankers renew attacks on tax exemption

What CFPB Data Sharing Rule Would Mean For Financial Institutions

Medical Debt Collection Bill Takes Effect July 1 In Nevada

U.S. government fails to collect over $1 billion in debt from nearly 1,300 colleges

Wisconsin Governor, Attorney General, Department Of Justice Sue Joint Finance Committee

Nevada Medical Debt Bill Clears Governor’s Desk

Subprime Auto Loan Company Settles Allegations It Turned Blind Eye to Shady Car Dealers

Nearly 9 million older Americans still have student loan debt

Trump Should Pay $560K For Border Visit Debt: Texas Judge

Agencies aren’t doing enough to stop online fraud

Minnesota Settlement On Medical Debt Saves Hutchinson Health Patients $184,000

Education Department discharges $500 million in debt for 18,000 ITT students

Big Banks Outperform Regions in Mobile Apps

Second Circuit Rules Debt Collector Did Not Violate FDCPA

Federal student aid head Richard Cordray talks student loans: ‘We intend and will hold the servicers accountable.’

American Express Ranks No. 1 in Customer Satisfaction in the J.D. Power U.S. Online & Mobile App Credit Card Satisfaction Studies

34% Of Consumers Have Found A Mistake On Their Credit Report

CUNA Strategic Services Announces Relationship with Zest AI to Support AI-Driven Lending

New Arizona Law Allows Debt Collectors Access To Your Home’s Equity

Consumer Debt Driven By New Mortgages, But Credit Card Debt At 6-Year Low

U.S. Household Debt Up Significantly Amid Pandemic, But Consumers Cutting Up Credit Cards

NCUA issues no bans for first time in four years

House Subcommittee Assesses Consumer Credit Reporting

Auto, Student Loans Fuel April Rise In US Consumer Borrowing

Debt Settlement Offer Without Interest Notice Upheld as Lawful

Credit Card Debt has Fallen during the Pandemic

With Credit Card Fraud Facing Extinction, ID Theft Looks To Fill The Void

Northern Credit Union to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

Eleventh Circuit Decision In Hunstein Places Debt Collection Business Models At Risk

Education Department Rescinds Policy Restricting State Oversight Of Student Loan Servicing Companies And Debt Collectors

U.S. Banks Are Poised For ‘Record Level’ Earnings In 2021

Credit Demand From Americans Fell During The Pandemic — Except In One Major Way

Debt Collectors May Be Called In To Recover $20m In Unpaid Hotel Quarantine Bills

Credit reporting accuracy benefits borrowers, lenders alike

Consumers have begun to open new credit card accounts

Delinquencies Fall For Real Estate-Backed Mortgages

Experian expands employment services with new tool

An Early Warning From Trades to Congress and Banks Over Military Base Issue

BrightStar Credit Union to break ground on new corporate headquarters

CFPB Auto Finance Consent Order: A Sign Of Things To Come For Add-On Products?

Fintech TrueAccord Reveals that CEO Ohad Samet Joins California Dept of Financial Protection and Innovation

United Federal Credit Union marks autism acceptance month with donation to the LOGAN Center

FDIC says credit card balances dropped in Q1

Subprime lenders battle for survival as regulator takes harder line

LendingClub CEO: Getting Ready For The US Consumer’s ‘Great Normalization’

NAFCU Introduces New Online Community: ONES + CFPB Supervision Network

Average National VantageScore® Credit Score Continues to Increase to 694; Up Six Points From Early Pandemic Levels

Wells Fargo, Bank of America Finance Predatory Lenders

Debt Collectors Can’t Garnish Your Stimulus Check

Credit card debt has plunged

Millions of Debt Mistakenly Added to Credit Report

House Passes Measure To Assist The Underbanked

Auto Loan Originations To Subprime Borrowers Drops While Prime-Risk Loans Increase

Auto Lenders Ease Credit Access In Q1

CFPB Orders DMB Financial To Pay $5.4M In Restitution To Consumers

Metrics Continue To Improve On Credit Card Delinquency

Toyota Motor shares gain for third day, hit record high

Mountain America Credit Union’s Goals Program with the Arizona Coyotes Donates $8,000 to Fighter Country Foundation

GreenState Credit Union looking to hire at least 40 people; offers incentive program for bilingual employees

House Passes Debt Collection Bill

New Law Blocks Debt Collectors From Stimulus Funds

Can Debt Collectors Haunt You Through Social Media?

Sample Language For Debt Collectors In Eviction Matters

Supreme Court Rules Attorney General Can Investigate Debt Resolution Company Accused Of Ripping-Off Clients

AG’s Office Takes Over Nearly $18M Of Pa. Student Debt

Visa switches on Apple Pay support in Japan

ACA Members and CEO Mark Neeb Share Implications of Hunstein Case for the ARM Industry in American Banker

Household Debt Climbs To $14.64 Trillion, Due To Jump In Mortgages And Car Loans

Bankers Worried Over Credit Card Balances Paid In Full

Illinois Will Now Grade Credit Unions and Mortgage Companies on Their Commitment to Fair Lending

Bristol University threatens to use debt collectors against rent strike students

Biden’s Education Secretary isn’t ruling out an extension of the student-loan payment freeze

U.S. Bankruptcies Have Been Cut In Half Since COVID Wave

DFPI Issues Proposal On Debt Collector Licensing Applications

After CFPB Refuses to Change FDCPA’s Strict Liability, 9th Circuit Permits Bona Fide Error Defense for Statute of Limitations Mistake

Fannie, Freddie overseer issues final rule on “living wills”

Credit Card Confidence Climbs Again in April

A millennial paid off $23,000 of student loans in 5 years thanks to 3 simple moves

Department of Financial Services investigating nursing home debt collection practices

Richard Cordray is Biden’s pick to oversee federal student loans

The Elizabeth Warren ally just picked to oversee US student loans could help make her debt-cancelation dream come true

1 In 4 Americans With Debt Are In Collections

Richard Cordray to oversee America’s student loans

California keeps millions in child support while parents drown in debt

Why Are Complaints About Credit Bureaus Soaring?

ACA Members Appointed to California’s New Debt Collection Advisory Committee

Debt Collectors Would Be Barred From Taking COVID-19 Stimulus Money

Student Loan Debtors Seek High Court Standard In Debt Discharge

More Americans’ Medical Debt Going To Collection Agencies Since Pandemic

Is the U.S. Student Loan Program in a Deep Hole? One Banker Thinks So.

UK Payday Lenders Start Suspending New Loans In Covid

WA Lawsuit Targets Court Practice Of Sending Unpaid Fees To Collections

ACLU files class-action lawsuit against Pierce County over court fees

Historical U.S. Credit Card Delinquency Rate Study

CFPB Rescinds Additional Policy Statements on Credit Reporting

CFPB Takes Action Against A Debt Settlement Firm For Directing Consumers To High-Cost Loans

Mortgage Payments Higher Priority Than Cars, Credit Cards

Paying Off Credit Cards Takes Money and the Right Mindset

Your Unpaid Dental Office Bills Need a Debt Collector ASAP!

Illinois is paying off $25 million in student loans

Third Circuit Rejects Debtor’s Claim that Invitation to Call Deceives Debtors of Legally Effective Means of Disputing a Debt

Auto Loan Delinquencies Rising; Cards Next?

New York State Debt Collection Suspended For 13th Time

House Financial Services Committee To Mark-Up Bills Dealing With Debt Collection

Attorney General Urges Action to Help Students With Loan Debt

CFPB Opens Comments On Proposed Delay In Effective Date

Freddie Mac Resources for Homeownership: In Times of Crisis, #HelpStartHere

Emergency Rule Bans Credit Scoring In Washington For 3 years

Consumers Shifted Credit Payment Behaviors in the U.S. and Other Global Markets as a Result of COVID-19

Wells Fargo profit beats estimates as credit costs stabilize

Department Of Education Halts Collections For Defaulted Borrowers

Federal Student Loan Debt Burden on Display in Senate Subcommittee Hearing

Ontario regulator to provide $500M credit facility to PACE Credit Union

United Federal Credit Union names Bill Golden Mortgage advisor in Carson City, Nevada

IRS fails to collect billions of dollars in tax debt each year

CFPB Fines Debt-Settlement Firm SettleIt For Abusive Practices

Bill On Medical Debt Awaits Governor’s Action

Community Association Pitfalls: State & Fed. Debt Collection Laws

Top mortgage lenders of 2020, according to early HMDA analyses

Biden Wants to Shut Down Credit Bureaus – What Would That Mean for You?

CFPB Seeks To Delay Effective Date Of Debt Collection Final Rules (Regulation F)

Acceleration in Student Loan Debt Could Block Millions From Homeownership

Maryland Medical Debt Collection Requirements Bill Awaits Governor’s Signature

9th Cir. Holds FDCPA ‘Bona Fide Error’ Defense Can Be Raised In ‘Out of Statute’ (Time-Barred) Debt Cases

5th Circuit Rules Law Firm Allowed To Send Debt Dispute Letters On Behalf Of Clients

Most big debt collectors backed off during the pandemic. One pressed ahead

CFPB And FTC To Crack Down On Unfair Eviction Practices

Medical, student debt to New York State suspension continued through April

CFPB Considers Extending Mortgage Forbearances through Year-End; What About Cards?

Oregon asks US Dept. of Education to forgive more ITT Tech student loans

Justices’ View on Credit Reports Carries Impact for Data Claims

Credit Market Conditions Improve Sharply for Consumers and Businesses

Senator Toomey Blocks Bill Protecting Stimulus Money From Debt Collectors

Pandemic, Credit Reporting Issues Send CFPB Complaints Up 54%

House Bill Would Protect Consumers From Predatory Debt Collectors

US Canceling Student Loan Debt for Over 40K Americans With Disabilities

Medical Debt Collector, 41 US States Reach Settlement Over Hack Of 21Mln Americans’ Data

Here’s a strategy to help you reduce credit card debt—if you do it right

Credit card borrowing falls to lowest in level in 4 years

What happens once the ban on foreclosures, evictions end?

Consumer Groups Say Medical Debt Bill Is a First Step, But More Is Needed

AG James Issues Guidance To Protect New Yorkers’ Stimulus Payments From Debt Collectors

What Is the FDCPA?

Delinquent Student And Non Fraud Past Felons Can Now Receive PPP Loans

Oregon Continues To Bar Debt Collectors From Going After Stimulus Money

CFPB charges student loan debt-relief operation

CFPB Encourages Financial Institutions And Debt Collectors To Allow Stimulus Payments to Reach Consumers

Congress May Cancel Student Loans More Than Once

WalletHub Reports Record $83B drop in credit card debt in 2020

41 States Settle With Collection Agency Over Data Breach Affecting About 21 Million Americans

CFPB Rules Discrimination By Lenders Based On Sexual Orientation And Gender Identity Is Illegal

IC Federal’s new CEO leans into outsider status

NY AG James Blocks Debt Collectors From Stimulus

Minnesota Legislators Push To End State Collection Of Tax Refunds For Private Hospital Debt

Credit Repair Industry Loses Bid to Halt CFPB, FTC Enforcement

7th Cir. Holds ‘Stress and Confusion’ Not Enough for Standing in FDCPA Case

FTC Staff Provides Annual Letter To CFPB On Debt Collection Activities

Toomey Blocks Bill That Prevents Debt Collectors From Taking Stimulus Checks.

Biden Just Canceled $1 Billion In Student Loan Debt

Consumer Credit Default Indices

After CFPB Refuses to Change FDCPA’s Strict Liability, Ninth Circuit Permits Bona Fide Error Defense for Statute of Limitations Mistake

Congress Urged to Stop Debt Collectors From Snatching Relief Checks

Hospital Debt-Collection Lawsuits Spur New Ways To Push Back

Consumer Credit Card Debt Hits Lowest Point Since 2017

Millionaires Owe IRS More Than $2B in Unpaid Taxes

Americans Paid Off $83 Billion In Credit Card Debt During Pandemic

Private Debt Collectors Can Seize $1,400 Coronavirus Relief Checks To Pay Creditors

NCUA board members call for reforming de novo process

Consumers In Mortgage Forbearance Could Drop Out Of Auto Market

Consumer Complaints Against Credit-Reporting Agencies Double During Pandemic

Van Hollen Looks To Curb Medical Debt Collections, Wage Garnishments

New York Extends State Debt Collection Until March 31

Why Americans will receive 48 billion robocalls this year

USDA temporarily suspends farm loan debt collections, foreclosures

NACM’s January Credit Managers’ Index Soars in the New Year

Will Biden’s CFPB Clamp Down On Subprime Auto Lenders?