Debt collection

Auto loan delinquency rates rose more than 9% in the second quarter ended June 30 versus the same period last year while auto loan debts rose for the 13th straight quarter, according to TransUnion.

Louisiana payday loan industry officials have created the Louisiana Payday Loan Association to help inform consumers and legislators about the accomplishments and goals of the industry.

The rising student loan debt is inconsistent with trends for other U.S. consumer debt categories, according to analysis by Experian.

The Federal Reserve Board and the Consumer Financial Protection Bureau on Tuesday announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions.

Three former executives of a lucrative payday loan operation owned by Montana's Chippewa Cree Tribe received secret payments through a management company, a new lawsuit claims.

A Wednesday hearing by a House Financial Services Subcommittee will examine whether medical debt should be considered part of the credit scoring and reporting system.

The operators of an illegal robocall scheme, under an order Tuesday from a federal district court in New York, can no longer falsely promise to obtain refunds for consumers from the Federal Trade Commission.

Fueled by demand for auto loans and higher credit card balances, U.S. consumer borrowing soared in July and posted its biggest jump since November 2001.

U.S. bankruptcy filings totaled 75,170 in August, down 16% from 88,962 in August 2013. It's the largest year-to-year drop so far in 2014, according to data from Epiq Systems Inc.

National Bank of Commerce in Birmingham, Ala. has purchased a majority stake in the parent company of a collections and accounts receivable management firm.

Ontario Systems has been honored with the 2014 When Work Works Award for its use of effective workplace strategies to increase business and employee success.

The income gap between wealthy and average consumers in the U.S. is growing while overall debt held by consumers dropped, according to the Federal Reserve's September survey on consumer finances.

A class-action settlement resolving claims that Bank of America violated the Telephone Consumer Protection Act received a federal district court's final approval - with some changes. The dollar amount, while large, is less than half of a recent record case involving Capital One.

While the average debt among Canadians increased when compared to the same quarter last year, the national delinquency rate reached its lowest level since 2008.

Wells Fargo Bank plans to lay off 115 call center employees at a facility in Roanoke County, Va. as a result of reductions in delinquencies and foreclosures, according to a spokeswoman.

The settlement requires Google to change certain billing practices and refund consumers at least $19 million.

A record number of consumers took out loans to buy cars in the second quarter, fueled by people purchasing used vehicles, according to data from Experian Plc.

Balances on new cards are still below levels reported before the 2008 recession, despite an increase in open accounts.

The federal government should stop paying private collection agencies to pursue defaulted student loans, according to a report released Wednesday.

New York financial regulators filed a lawsuit Tuesday against a bank that allegedly denied access to mortgage loans to predominately African-American neighborhoods in Buffalo, N.Y.