Debt collection

The U.S. Department of Education has proposed regulations to strengthen a rule against predatory practices by post-secondary institutions.

Lawsuit filings for all key statutes impacting debt collectors dropped in May, according to the latest numbers pulled from U.S. district courts.

The head of an allegedly unlawful debt collection operation is banned from that business under a court order obtained by the Federal Trade Commission.

The operators of an alleged mortgage relief scam are charged with bilking millions of dollars from homeowners by falsely telling them they could join a so-called "mass joinder" lawsuit that would save them from foreclosure and provide additional financial awards.

At least one school district will soon review hiring a collection agency to offset aid it is not receiving as a result of the state's budget crisis.

The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations reveals that consumers’ earnings and household income expectations for the coming year declined slightly from April to May while credit availability perceptions compared to last year and the coming year remained unchanged.

Debt collectors, credit card companies and mortgage lenders have borne the brunt of the Consumer Financial Protection Bureau's public enforcement actions over the past four years, yet banks have paid the most in penalties and restitution, according to a new study released by an agency insider.

The FTC and the Florida Attorney General’s office have charged a web of related defendants with bombarding consumers with illegal robocalls in an attempt to sell them bogus credit card interest rate reduction and debt relief services.

Mortgage lenders, debt collectors and credit card companies have borne the brunt of the Consumer Financial Protection Bureau's public enforcement actions over the past four years, yet banks have paid the most in penalties and restitution, according to a new study released by an agency insider.

Consumer advocates are urging the Consumer Financial Protection Bureau to strengthen its proposal to rein in payday lending, arguing it would still allow borrowers to be abused.