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Florida Attorney General Pam Bondi is warning consumers about an increase in robocall complaints and, apparently, scams.
July 14 -
The Third Circuit Court of Appeals ruled Monday that debt collectors contacting third parties must prove in Fair Debt Collection Practices Act cases that contact was made solely to find the debtor.
July 14 -
Wisconsin Gov. Scott Walker has vetoed sections of the state budget that would have paved the way for a major expansion of payday lenders' authority.
July 14 -
Regency Financial Services Inc. and its CEO Ivan Levy agreed to a permanent ban on telemarketing and the advertising, marketing or sale of any debt relief products or services.
July 13 -
The Federal Communications Commission on Friday released its Telephone Consumer Protection Act Omnibus Declaratory Ruling and Order, which takes effect immediately.
July 11 -
The operators of a fraudulent collection scheme are banned from debt collections in a settlement of Federal Trade Commission charges that they bilked millions of dollars from Spanish-speaking consumers.
July 9 -
A Liverpool, N.Y. collection agency that allegedly engaged in threatening and abusive practices must close permanently and pay back $400,000 to debtors, according to a court order.
July 9 -
Late payments on home equity credit lines hit their lowest level in more than six years, defying warnings about the looming aftershocks of loose bubble-era lending standards.
July 9 -
JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.
July 8 -
U.S. bankruptcy filings totaled 422,782 during the first six months of the year, a 12% drop from the 479,573 filings reported during the same period last year, according to the American Bankruptcy Institute, using data from by Epiq Systems Inc.
July 8 -
An exclusive Reuters report reveals JPMorgan Chase & Co. will pay at least $125 million to settle investigations by federal and state authorities that the bank sought to improperly collect and sell consumer credit card debt.
July 8 -
WASHINGTON A landmark agreement signed by one of the country's largest credit bureaus and hailed by federal and state officials as a "tough fix-it order" was supposed to usher in a new era where such firms would clean up inaccuracies and better respond to consumer complaints.
July 8 -
The Consumer Financial Protection Bureau released a report detailing shortcomings found in how student loan servicers treat military borrowers.
July 8 -
A federal court has halted and frozen the assets of a nationwide credit card debt relief scam that allegedly stole millions of dollars from consumers.
July 7 -
The operators of a scheme that allegedly bilked millions of dollars from consumers by trapping them into loans they didn't authorize will be banned from the consumer lending business under settlements with the FTC.
July 7 -
Regulators in New York plan to crack down on high-interest loans made to military service members by closing a critical loophole.
July 6 -
Residential mortgage loans in active foreclosure that are at least two years delinquent experienced large gains in the last seven months, according to a new report.
July 6 -
WASHINGTON Three of the nation's largest indirect auto lenders are poised to limit discretionary pricing for dealers after regulators accused them of allowing partners to mark up loans at higher rates to minorities, according to confidential documents.
July 3 -
A New York City law regulating collections doesnt have more power than the state's authority to regulate the industry, the New York Court of Appeals ruled Tuesday.
July 1 -
More than a year after a collection operation settled charges of extorting payments, the Federal Trade Commission is mailing nearly 95,000 checks totaling approximately $4 million to consumers who lost money in the scam.
July 1
