Debt collection

Washington Attorney General Bob Ferguson has requested legislation that would create a program allowing Washington drivers to set up payment plans to pay traffic-based fines. The program aims to reduce the number of people in the state with suspended driver’s licenses, lower court costs and boost local revenue.

The Shareholders Foundation Inc. announced that a lawsuit is pending in South Carolina on behalf of certain buyers of shares of World Acceptance Corp. over the company's alleged violations of laws concerning securities.

It's easier than ever for consumers to take out personal loans to pay down high-cost debt or fund big-ticket purchases, and two new studies show that they are taking full advantage of their options.

The U.S. House of Representatives this week likely will consider legislation to end Operation Choke Point, sponsored by U.S. Rep. Blaine Luetkemeyer (R-Mo.).

Wisconsin lawmakers are reviewing a plan to allow employees of licensed debt collection companies to work from home.

Prospect Medical Group, a California-based hospital chain, is one of the first healthcare providers sued since the FCC clarified TCPA language last July concerning auto-dialing cell phones, consent to call and calling wrong numbers.

The CFPB has released its latest monthly consumer complaint snapshot, highlighting consumer complaints in December about financial services such as collections, debt settlement and credit repair.

Identity theft victims for the first time can go online and get a free ID theft recovery plan to help them in alerting credit bureaus and law enforcement.

Police in Texas are helping collect delinquent court fines by using license plate scanners and credit card readers that allow them to take payments on the spot, with the vehicle data collected and stored by a private company.

Discover Financial Services reported a slowdown in growth in its credit card business but vowed to take steps to reverse the trend.