Debt collection

Community banks must pay more attention to their clients' problems, needs and desires. Unfortunately, too many small banks have embraced a one-size-fits all marketing model.

A proposal from city council members in Arlington, Texas would impose stronger restrictions on payday and auto title lenders, including limiting where and in what type of buildings they can do business.

Subprime consumers are being offered more credit cards but delinquency rates remain low, according to the latest TransUnion Industry Insights Report.

The CFPB is considering suing Navient Corp., the largest student loan company in the U.S., for allegedly cheating borrowers. Navient officials disclosed Monday in a Securities and Exchange Commission filing.

For proof that events in emerging markets can influence capital markets in the rest of the world, one need only look at the developments of the last few weeks.

A Kentucky town has filed for bankruptcy, the result of a contract dispute with a local company. It became the first municipality to file for bankruptcy since Detroit did so two years ago.

A Kentucky town has filed for bankruptcy, the result of a contract dispute with a local company. It became the first municipality to file for bankruptcy since Detroit did so two years ago.

A Jackson, Miss. city council member has floated a plan to have local police collect millions of dollars in overdue water bills.

The CFPB and the New York Department of Financial Services filed a lawsuit in federal court against two companies, Pension Funding LLC and Pension Income LLC, and three of the companies’ individual managers for allegedly deceiving consumers about the costs and risks of their pension advance loans.

Eighteen marketers that allegedly cheated U.S. and Canadian consumers out of more than $7 million are banned from selling business or work-at-home opportunities under court orders obtained by the Federal Trade Commission.

Bank repossessions of distressed homes hit a 30-month high in July, as financial institutions continue to work through the backlog of bubble-era loans.

Illinois has amended provisions of the Illinois Collection Agency Act, including removing language about debt collectors and raising the maximum civil penalty for unlicensed practices.

The Consumer Financial Protection Bureau has ordered Springstone Financial LLC to provide $700,000 in relief to victims of allegedly deceptive credit enrollment tactics.

The U.S. trustee who oversees the bankruptcy case filed by Hutcheson Medical Center in Fort Oglethorpe, Ga. said the case should be dismissed because the financial condition of the hospital is too far gone.

There's good reason to be wary of government data collection. But not all government data collection is problematic. The facts about particular government data collection programs matter.

An auto loan company that allegedly offered illegal loans to Oregon residents is being sued by the state's attorney general.

The mortgage delinquency rate - the rate of borrowers 60 days or more delinquent on their mortgages - continued its fast decline, falling to 2.72% in the second quarter ended June 30, according to TransUnion.

Once again the markets have fallen in love with a group of young, aggressive and not very regulated lenders.

City officials in Trenton, N.J. have hired a collection agency to pursue more than $2.9 million in outstanding municipal court fines.

Two research associations have filed a joint motion to intervene in a court case against new telephone rules issued by the Federal Communications Commission.