Debt collection

In Australia, more than 2 million people, or 13% of the estimated 16 million in the country who are using credit, are at risk of credit default.

The House Oversight Committee, which earlier this year admonished the Department of Justice over its tactics for combating fraud in the payments system, has turned its focus to the role of the Federal Trade Commission in the ongoing crackdown.

The Consumer Financial Protection Bureau responded Friday to collection law firm Frederick J. Hanna & Associates' motion to dismiss a lawsuit that charges the firm with operating a collection lawsuit mill. Parts of the response likely will draw the collection industry's ire.

A federal court on Thursday halted a telemarketing scheme that duped senior citizens by pretending to be part of Medicare and took millions of dollars from consumers' bank accounts without consent.

Online payday lenders operate a Wild West marketplace full of financial fraud and consumer abuses, according to a new report released by the Pew Charitable Trusts.

Just when it seemed that some banks might be putting their legal woes behind them, another threat has emerged that could involve the entire industry — debt- collections litigation.

New York's top banking regulator has the power to regulate online lenders owned by Native American tribes, the U.S. Court of Appeals in New York ruled Wednesday.

Kristen Albert, a supervisor at a Massachusetts collection agency, took the stand in a murder trial on Tuesday.

A lawsuit filed Wednesday by New York Attorney General Eric T. Schneiderman's office accuses two law firms and their lead attorney of participating in a fraudulent mortgage rescue scheme.

Kristen Albert, a supervisor at a Massachusetts collection agency, took the stand in a murder trial on Tuesday.

Manufactured-home owners often pay higher interest rates for their loans than borrowers whose homes were built onsite, according to a report released Wednesday

Student loan debt totals a record $1.2 trillion but the rampant growth could slow as the strengthening economy reduces the number of new loans, Deputy Treasury Secretary Sarah Bloom Raskin said Monday.

Debt collectors scored a major victory when a court reversed a ruling in the case of Gulf Coast Collection Bureau Inc. v. Mais.

Consumer spending recovered in August as steady income growth and employment gains led more Americans to auto dealerships and retail stores, the Commerce Department said Monday.

The U.S. Department of Defense has issued a proposal that would expand the types of credit products that are covered by the 36% rate cap and other military-specific protections under the Military Lending Act.

The National Association of Retail Collection Attorneys has responded to the Consumer Financial Protection Bureau's proposal to make consumer narratives public.

Hospitals will save $5.7 billion in uncompensated care costs this year because of the Affordable Care Act, with those found in states that have expanded Medicaid projected to save the bulk of the total, according to a report from the Department of Health and Human Services.

Federal student loan defaults fell for the first time in several years but stayed far above levels reported before the recession, and there are questions about how the rates are calculated.

Arrow Global Group, a UK-based buyer of delinquent debt from credit card companies and banks, will acquire rival Capquest from a private equity fund for $258 million.

A U.S. appellate court on Wednesday upheld a district court ruling that several defendants operated a scheme selling phony debt relief programs and mortgage assistance.