Debt collection

The Consumer Financial Protection Bureau and the state of Florida were granted a final judgment against the Hoffman Law Group and corporate affiliates accused of using deceptive marketing practices and scamming homeowners into paying illegal advance fees.

A joint complaint filed Thursday by federal regulators, if approved by the court, would require Provident Funding Associates to pay $9 million in damages to African-American and Hispanic borrowers for charging higher broker fees on mortgage loans.

A joint complaint filed Thursday by federal regulators, if approved by the court, would require Provident Funding Associates to pay $9 million in damages to African-American and Hispanic borrowers for charging higher broker fees on mortgage loans.

The head of the FCC on Wednesday circulated a fact sheet on a proposal aimed at clarifying robocall regulations, among other issues. While the sheet is light on details, at least one consumer group praised the action.

An Atlanta collection agency will shut down after its owner settled alleged violations of the Georgia Fair Business Practices Act. The deal requires him to stay out of the industry for five years or pay a $445,000 penalty.

More than 71 million consumers had an auto loan in the first quarter, an increase from a year earlier and the largest growth since the economic downturn, according to a new report.

West Virginia Attorney General Patrick Morrisey’s office filed a lawsuit Tuesday against a Florida collection agency for allegedly trying to collect unverified and non-existent debts.

The Consumer Financial Protection Bureau officially delayed issuing new debt collection rules until at least December, after originally expecting “pre-rule activities” to last through this past April.

WASHINGTON — The Consumer Financial Protection Bureau is increasingly brandishing a post-crisis tool allowing it to label activities "abusive," but whether financial services firms are closer to understanding the term is still up for debate.

The Consumer Financial Protection Bureau's use of relatively new authority to punish actors for actions considered "abusive" is picking up steam, though the exact meaning of the term is not always easy to grasp.

A federal appeals court decision Friday allows a lawsuit involving interest rates in debt collection cases to move forward as a class action.

Some potential corporate customers of the nation's largest banks have recently received surprising responses to their loan applications: come back to us later when you've cleaned up your act.

Federal courts in New York and Georgia halted three debt collection operations that allegedly violated federal law by tricking and threatening consumers via emails, text messages and phone calls.

A payment processor and telemarketer Hal E. Smith must pay more than $1.7 million to settle charges of running a deceptive robocall credit card scheme.

The three major credit bureaus agreed Wednesday to pay more than $6 million to 31 states to cover the cost of a three-year investigation into credit reporting errors.

The credit card delinquency rate remained steady in the first quarter while the average credit card balance per borrower fell, according to a new report.

Ohio Attorney General Mike DeWine filed a lawsuit Tuesday against a debt collection operation accused of threatening, harassing and misleading consumers.

Eleven major mortgage lenders agreed Monday to maintain and monitor vacant properties in the state of New York where the loans are delinquent and the homes are abandoned - otherwise referred to as “zombie” properties.

The Consumer Financial Protection Bureau on Tuesday cited PayPal for illegally signing up consumers for online credit, the agency announced.

The U.S. Supreme Court announced Monday it will take on Campbell-Ewald Co. v. Gomez, where it will be presented with two key issues involving offers of judgment and the TCPA.