Retail & Commercial

Encore Capital Group Inc., a San Diego-based debt buying firm, announced it is providing $124,000 in scholarships to students at 43 community colleges across the U.S., as part of its new national program, the Encore Capital Group Scholarship Fund.

Premier Consulting Group settled CFPB charges on Thursday, a month after another debt settlement firm's case closed with a nine-year prison sentence for its owner.

The biggest bank in the country now lets opted-in mobile Android and Apple customers view their balances without entering their user names and passwords.

The Fair Debt Collection Practices Act, which imposes tough requirements on third-party collectors, exempts banks that handle debt collections in-house. Now banks are worried that they are going to lose that special treatment.

Borrowers who have made five years of payments on their modified loans will be eligible to earn $5,000 in the next year to reduce their outstanding balance.

Bank debt is back in vogue. The question is for how long.

Security National Bank in Sioux City, Iowa, said Thursday that it has agreed to purchase First Trust & Savings Bank in Moville, Iowa.

Heartland Financial in Dubuque, Iowa, has split the positions of president and chief executive, the company announced Wednesday.

Most big companies achieve success by squeezing vendors, lowering prices, improving efficiency and giving consumers what they want. But in the topsy-turvy world of banking, the most disliked financial institutions end up at the top of the food chain.

Daily spending among middle- and lower-income Americans, those with annual household incomes of less than $90,000 a year, increased to $79 in November from $76 in October, according to a new Gallup poll.