Debt collection

A new Gallup poll finds that 62% of Americans prefer saving their money compared to 34% who enjoy spending, a percentage gap that is one of the widest since the poll began in 2001.

Idaho, South Dakota and Wisconsin have the nation’s highest interest rates for payday loans, according to a report released by the Pew Charitable Trusts.

U.S. hospitals increasingly are reviewing patients' credit scores. The idea is to identify patients needing counseling options about payment plans or charity care but the information also helps with debt collections.

Sallie Mae's contract with the Education Department to collect payments on federal student loans could be at risk as a result of a federal probe looking at whether the lender cheated military borrowers.

The head of an operation that allowed telemarketers to make robocalls offering credit card services, hide Caller ID information and call numbers on the National Do Not Call Registry is banned under a settlement with the federal government.

Scammers in Maine are calling residents and telling them they owe money to the state's Bureau of Motor Vehicles.

A report on student loan debt suggests that borrowing by people in graduate and professional degree programs is rising and could total a larger-than-expected portion of the nation’s $1 trillion in total outstanding federal student loans.

A federal judge approved a class-action settlement against a law firm and collection agency for alleged Fair Debt Collection Practices Act violations.

The shut down comes three years after a Canadian company purchased the business.

A federal worker union is battling a bipartisan push in Congress to restart the Internal Revenue Service's controversial use of private collection agencies to pursue tax debts.

National consumer credit default rates fell in March to the lowest post-recession rate, according to data released Tuesday.

Canadian payday loan provider Cash Store Financial Services Inc. is seeking protection from creditors as it faces liquidity woes resulting from the suspension of its right to offer loans in the province of Ontario.

The Social Security Administration announced Monday the suspension of a program to collect more than 10-year-old taxpayers' debts by seizing tax refunds.

The Minnesota-based agency agreed to pay a civil penalty in North Carolina to refund processing fees customers in the state submitted along with monthly payments.

Navient, a company formed from Sallie Mae, will launch next month and take over Sallie Mae's loan management and asset recovery business.

The odds are stacked against anyone who uses the telephone to make a living. Before you get a word in, people are quoting bits and pieces of anti-collection propaganda - and they often are misinformed.

A South Dakota-based payday lending operation settles charges after using tribal affiliation to illegally garnish wages.

An Indiana man allegedly charged $170,000 in personal expenses to his company credit card before a supervisor discovered the wrongdoing.

One of the largest UK debt buyers is adding jobs and moving into offices that will accommodate more than 1,000 people.

Discover Financial Service agreed to an $8.7 million settlement of a class-action lawsuit filed in 2012.