-
Financial institutions that make routine collection calls now face the threat of "robocall" class action lawsuits. Earlier this month, things went from bad to worse for banks that have not committed any abusive robo-calling practices.
July 31 -
Mortgage servicer Residential Credit Solutions agreed Thursday to pay $1.5 million for blocking consumers attempts to keep their homes from foreclosure.
July 30 -
The FTC is mailing nearly $1 million to people who lost money in a credit card interest rate reduction scam.
July 30 -
A new Government Accountability Office report found that the Internal Revenue Services uncollected tax debts rose 23% since 2009 to $380 billion while the agencys collection staff fell 23% during the same period after years of budget cuts.
July 30 -
A House Subcommittee on Communications and Technology hearing on the FCC's policy decisions prompted a discussion on the application of rules regarding robocalls.
July 29 -
One of the nation's largest non-profit colleges is facing an FTC investigation for allegedly deceptive marketing practices.
July 29 -
TransUnion Corp. reported its second-quarter revenue increased 16% in the company's first quarterly financial report since its initial public offering.
July 29 -
West Virginia Attorney General Patrick Morrisey is looking into hiring a lawyer licensed in California to collect a $13.8 million judgment against loan company CashCall Mortgage.
July 29 -
The Consumer Financial Protection Bureau on Tuesday charged Paymap Inc. and LoanCare LLC with deceiving consumers.
July 28 - Morning Scan: Faulty Credit Reports Targeted; Merchants Seek Dismissal of $6B Credit Card Settlement
Some Democratic lawmakers want to help consumers fight back against creditors. The Consumer Reporting Fairness Act, introduced by Sen. Sherrod Brown, D-Ohio, would make it easier to fix inaccurate credit reports.
July 28