Debt collection

Home sellers realized an average price gain since purchase of 11% ($20,378) last year, the biggest average price gain since 2007, according to RealtyTrac's Year-End 2015 U.S. Home Sales Report.

The Ninth Circuit Court of Appeals ruled Wednesday in Baird v. Sabre Inc., et al. that a consumer provided prior express consent required by the Telephone Consumer Protection Act when she provided her cellphone number on a contact sheet.

City officials in Hazard, Ky., are ramping up efforts to collect approximately $200,000 in back taxes after sending out 1,100 letters to delinquent taxpayers last week.

A senior equal employment opportunity specialist with the Consumer Financial Protection Bureau’s Office of Civil Rights is alleging the bureau violated the Equal Pay Act.

The Consumer Financial Protection Bureau on Wednesday urged the 25 largest retail banks to make checking and saving accounts accessible to millions of unbanked Americans and help customers avoid overdraft fees.

The Consumer Financial Protection Bureau on Wednesday urged the 25 largest retail banks to make checking and saving accounts accessible to millions of unbanked Americans and help customers avoid overdraft fees.

A Texas-based collections law firm announced Wednesday that it has helped communities across the state collect an estimated $2.2 million in property taxes from Radio Shack as the company works its way through bankruptcy proceedings.

Payday lending in Alabama hasn't declined in the last six months despite ongoing complaints last year from consumer advocates to rein in the practice in the state, according to the Alabama Banking Department.

Toyota Motor Credit Corp. will change its pricing and compensation system to reduce dealer discretion and financial incentives to mark up interest rates, under an enforcement action by the Consumer Financial Protection Bureau and Department of Justice.

Lawmakers in Connecticut want to curb deceptive and abusive collection tactics being used by banks and third-party collectors but details on how to proceed were sparse.

Victoria’s Secret faces a class-action lawsuit over allegations that the retailer violated the Telephone Consumer Protection Act by sending a customer 97 text messages in a single day.

First-mortgage originations for subprime borrowers showed steady growth last year from January to October, with more than 312,000 new mortgages originated, totaling $50.7 billion, according to data from the latest Equifax National Consumer Credit Trends Report.

Washington Attorney General Bob Ferguson has requested legislation that would create a program allowing Washington drivers to set up payment plans to pay traffic-based fines. The program aims to reduce the number of people in the state with suspended driver’s licenses, lower court costs and boost local revenue.

The Shareholders Foundation Inc. announced that a lawsuit is pending in South Carolina on behalf of certain buyers of shares of World Acceptance Corp. over the company's alleged violations of laws concerning securities.

It's easier than ever for consumers to take out personal loans to pay down high-cost debt or fund big-ticket purchases, and two new studies show that they are taking full advantage of their options.

The U.S. House of Representatives this week likely will consider legislation to end Operation Choke Point, sponsored by U.S. Rep. Blaine Luetkemeyer (R-Mo.).

Wisconsin lawmakers are reviewing a plan to allow employees of licensed debt collection companies to work from home.

Prospect Medical Group, a California-based hospital chain, is one of the first healthcare providers sued since the FCC clarified TCPA language last July concerning auto-dialing cell phones, consent to call and calling wrong numbers.

The CFPB has released its latest monthly consumer complaint snapshot, highlighting consumer complaints in December about financial services such as collections, debt settlement and credit repair.

Identity theft victims for the first time can go online and get a free ID theft recovery plan to help them in alerting credit bureaus and law enforcement.