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A debate Wednesday at a senate committee hearing discussed the effectiveness of the TCPA and how the the FCC has exposed businesses to litigation risk.
May 19 -
The National Consumer Law Center warned Congress on Wednesday that a change to federal law last year is troublesome because it now allows the government to use robocalls to collect debt.
May 19 -
The Consumer Financial Protection Bureau is expected to unveil its formal proposal to restrict payday lending on June 2, the first national regulations of short-term, small-dollar loans.
May 19 -
Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, introduced legislation Thursday to reform consumer credit reporting.
May 19 -
Data through April released by S&P Dow Jones Indices and Experian shows a consumer credit default composite rate of 0.86% in April, down seven basis points from March.
May 18 -
An appeals court panel has questioned whether Sallie Mae and SLM Corp. had actual knowledge of for-profit California Culinary Academys alleged scheme to prey on students and whether the lender perpetuated that lie to students.
May 18 -
One in five short-term auto title loan borrowers have their vehicle seized because they cannot pay the loan, according to a study released Wednesday by the Consumer Financial Protection Bureau.
May 18 -
MuniServices LLC, a business of debt-buying giant PRA Group, will offer aspiring municipal leaders a chance to learn about strategic financial administration through a new certification program.
May 17 -
A recent story in American Banker reported that at least three banks are planning to launch new small-dollar loans products after the Consumer Financial Protection Bureau's payday lending rule becomes effective.
May 17 -
The San Jose (Calif.) City Council is reviewing the best way to recover the overdue fines without also chasing people away.
May 17