Debt collection

Heritage Global Inc. has acquired National Loan Exchange Inc. (NLEX), the largest volume broker of charged-off receivables in the U.S. and Canada.

ACA International has filed an amicus curiae brief with the Sixth Circuit Court of Appeals in the case of Buchanan v. Northland Group Inc.

A new study reveals hospitals in 25 states that chose to expand Medicaid under the Affordable Care Act treated fewer uninsured patients and charity cases in the first quarter.

Total outstanding balances and new credit in auto lending reached record highs this year as the sector continues to lead the economic recovery, according to the latest Equifax National Consumer Credit Trends Report.

The Federal Trade Commission has charged an operation that billed consumers up to $10,000 after falsely claiming it would settle debts and repair their credit.

U.S. consumer daily spending jumped in May, fueled by highest three-day average since 2008.

One of the largest jury awards against a credit reporting agency was reduced on appeal and the agency is appealing again.

A payday lending operation affiliated with a Native American tribe is liable for engaging in deceptive practices and violating federal law by failing to disclose loan terms, U.S. District Judge Gloria Navarro in Las Vegas has ruled.

A new law in Connecticut is designed to reduce unsolicited commercial phone intrusions by banning text messages.

The city of Los Angeles accused JPMorgan Chase & Co. of targeting minority borrowers with predatory loans in a lawsuit filed Friday in U.S. District Court.

A survey of working age low- and middle-income households finds that they accrue credit card debt not necessarily because of irresponsible spending habits.

The lawsuit against a former county deputy clerk seeks to recover more than $75,000 in public funds she allegedly misappropriated before being fired.

A national subprime auto lender will pay more than $5.5 million to settle charges that it used illegal tactics to service and collect consumers’ loans.

The largest real estate company in Alabama was ordered by the Consumer Financial Protection Bureau to pay for practices that illegally benefited an affiliated firm.

Americans don't understand their credit scores, specifically the way they are calculated, and are possibly damaging their credit reports as a result, according to a new survey.

With the reduction in payday loans, prompted by a 2009 law, comes a drop in payday loan stores.

Telephone Consumer Protection Act lawsuits in April overtook Fair Credit Reporting Act legislation as the number two largest category behind Fair Debt Collection Practices Act cases.

Philadelphia collected more than $45 million in back property taxes during the first four months of the year and cut the number of tax delinquent properties by an estimated 30,000, 25% down from the previous year, records show.

The FTC wants Congress to consider legislation to make data broker practices more visible to consumers and to give consumers greater control over their information.

The House Financial Services Committee passed three bills last week that could make mortgage lending a little easier.