Debt collection

The industry is waiting to see if banks will get the same no-cost land leases on military bases that credit unions currently enjoy.

Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

Asset Recovery Associates told borrowers that it could sue them, garnish their wages and place liens against their homes, according to a consent order by the consumer bureau.

Regulatory efforts to protect consumers from harassment and robocalling are forcing big changes. Attorney Quyen Truong at Stroock & Stroock explains.

Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.

Issuers like Chase and Citi that added installment features to compete with digital lenders will need to think beyond traditional card options.

The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations.

The CFPB is giving the public an additional 30 days so consumer groups have more time to respond.

“Digital Vault” will allow customers to store encrypted documents on third-party servers; bank accuses Orcel of misdeeds.