Consumer lending

Payday lenders on Wednesday pushed back against Google's plan to ban payday loan advertisements, arguing it was discriminatory and "a form of censorship."

Debt-buying giant Encore Capital Group Inc. reported first quarter earnings of $25.7 million.

Navient has been recognized as a 2020 Women on Boards Winning "W" Company for the second consecutive year. The national award is presented to companies with at least 20% women on their board of directors.

Google said Wednesday it will ban ads for payday loans to protect its customers from what it considers deceptive and harmful financial products. The ban goes into effect on July 13.

Defunct online lender Integrity Advance has filed a lawsuit accusing the Consumer Financial Protection Bureau of launching an enforcement action against the company without the legal authority to do so.

If alternative small-business lenders don't get engaged in the regulatory dialogue, they risk letting a few bad apples determine their fate.

The steady stream of bad news continues for online marketplace lenders.

U.S. consumers who lost money to a Canada-based debt and mortgage relief scam will receive nearly $1.87 million.

A debt collection agency will pay civil penalties and be required to adopt new procedures to settle Federal Trade Commission charges that it violated the requirements of the Fair Credit Reporting Act.

At least three U.S. banks are preparing to go to market with new small-dollar installment loan products in a move that could potentially disrupt the payday lending industry.