Merchant

More borrowers are paying off their mortgage loans before their credit card debts, reversing a trend first seen in September 2008, according to a TransUnion study.

A court-appointed trustee will operate an Indiana collection agency after it failed Tuesday to get a time extension to devise a refinancing plan to pay off its creditors.

Wine may improve with age, but point of sale technology does not. Years ago, when ShopKeep POS founder Jason Richelson operated the Green Grape wine store in Fort Greene, Brooklyn, he struggled so often with archaic point of sale systems that it motivated him to develop his own alternative.

Ontario Systems, a leading receivables management technology and services provider, has announced Chief Compliance Officer Rozanne Andersen will present at the 18th annual National Collections & Operational Risk Conference in Miami next week.

Collectors and compliance officers are listed among the top jobs to have in business in U.S. News and World Report's 2014 list of the 100 Best Jobs in America.

Two federal investigations into General Electric Co.'s credit card business are underway to determine if the unit violated consumer finance laws.

A payday lending bill in Idaho, designed to dictate how much payday lenders can give borrowers, won passage in the state's House of Representatives on Monday by the slimmest of margins.

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) is calling on Consumer Financial Protection Bureau Director Richard Cordray to end the bureau’s closed-door meeting policy for its four advisory councils.

JPMorgan Chase illegally won thousands of default judgments in credit card collection lawsuits by robosigning affidavits, according to a class action lawsuit filed in the U.S. District Court for the Southern District of Florida.

Credit card debt declined in January but borrowing for student and auto loans increased, leading to an uptick in non-revolving credit, according to data from the Federal Reserve's G.19 report.