Merchant

WASHINGTON — The Consumer Financial Protection Bureau issued a bulletin Tuesday warning financial institutions about entering into agreements with third parties that share or hide information related to regulatory exams.

The traditional method of measuring mortgage denial rates is fundamentally flawed and can produce mistaken conclusions about access to credit.

In Russia, according to a report from The Moscow Times, an alarming debt collection trend involves collectors seizing household pets from debtors who have defaulted on their loans.

South Dakota's Senate Commerce and Energy Committee was scheduled to hold a hearing Tuesday on a state Revenue Department proposal to open a state debt collection office.

Peer-to-peer and institution-to-small business loan marketplace Funding Circle launched a new fractional loan marketplace today, the San Francisco company announced.

The launch of the U.S.'s first regulated bitcoin exchange gives an already curious merchant base more of a reason to jump into virtual currency.

The Supreme Court gave borrowers the path to file a rescission notice without going to court, but experts expect more banks to initiate legal proceedings to stop rescissions they see as frivolous.

Tax-related identity theft was the most common form of identity theft reported to the Federal Trade Commission in 2014, while the number of complaints from consumers about criminals impersonating IRS officials was nearly 24 times more than in 2013.

New legislation filed by U.S. Rep. John K. Delaney (D-Md.) would make student loans dischargeable under bankruptcy. Under existing law, student loan debt cannot be discharged.

The number of Americans buying autos neared a record high last year but a possible downside to the growth is drawing comparisons to the subprime mortgage boom.