Debt collection

A plan to restart a controversial program allowing the Internal Revenue Service to contract with private collection agencies to pursue millions of unpaid tax bills is now on the Senate floor.

DBA International, a debt-buying industry association, approved a new tagline that it will start using this month.

The pastors of New York City tabernacle must return $1.7 million in illegal loans.

U.S. foreclosure activity fell 1% in April as banks scheduled fewer auctions even as they reclaimed more homes, according to a report released Thursday by RealtyTrac, which tracks and compiles housing market data.

Two of the largest companies in the student loan market will pay $97 million to settle federal charges that they unlawfully charged military personnel high interest rates and late fees on student loans.

United Kingdom-based payday lender Cheque Centre is permanently leaving the payday loan business and has suspended related debt collection calls following enforcement action by the Financial Conduct Authority.

Collection efforts by businesses often damage customer relationships with negative communications tactics, according to a survey of 1,000 respondents commissioned by Nuance.

A new war is brewing between banks and their customers, and the fight is going public.

Six years after an investigation revealed EDebitPay LLC, Dale P. Cleveland and William R. Wilson and three now-defunct companies debited consumers' bank accounts without consent, checks totaling $3.7 million are finally on their way to the consumers.

Rep. Matt Cartwright (D-Pa.) introduced legislation to amend the Fair Debt Collection Practices Act, a response to a U.S. Supreme Court ruling last year.

Millennials know less about credit scores than other adult age groups, including which businesses use the scores and who collects information on which the scores are based, according to a new survey.

Sallie Mae's former loan-servicing business, spun off last week into an independent company called Navient, expects to pay up to $170 million to settle two federal investigations.

The San Diego-based debt buyer has actively acquired several international business in the past year.

The Consumer Financial Protection Bureau released a snapshot report reviewing mortgage debt challenges faced by older Americans.

State courts around the country are starting to reform the ways they handle lawsuits over unpaid bills, widening the regulatory overhaul of banks' and third parties' debt-collection practices.

An online operation in the business of finding potential borrowers for mortgage companies will pay a $225,000 civil penalty to settle Federal Trade Commission charges that it deceived people about mortgage terms.

The mortgage delinquency rate for homeowners more than 60 days late declined for the ninth consecutive quarter, according to a new report report.

The Government Accountability Office has asked the Consumer Financial Protection Bureau to improve some of its accounting procedures and internal controls, according to a new report.

Consumer borrowing in March rose by the most in a little more than a year as Americans used credit cards more often while also taking out school and auto loans, the Federal Reserve reported Wednesday.

Two of the largest consumer debt buyers agreed to drop lawsuits against borrowers and pay fines to settle allegations they violated a state's law in pursuing debtors.