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Ally Financial has blasted a proxy advisory firm for its recommendation that shareholders vote against the re-election of four of the Detroit company's directors.
April 19 -
Regions Financial has made clear that it wants to ramp up in consumer and small-business lending, and a big part of its strategy is teaming up with alternative lenders.
April 19 -
The Ninth Circuit Court of Appeals has rejected an attempt by Allstate Insurance Co. to stop a Telephone Consumer Protection Act class action.
April 19 -
Consumer credit default rates remained relatively flat in March despite a jump in bank card default rates, according to the S&P/Experian Consumer Credit Default Indices.
April 19 -
A purported nonprofit that allegedly benefitted from a massive landline phone bill cramming operation has agreed to turn over most of its assets in order to settle Federal Trade Commission charges.
April 18 -
A Meridian, Miss.-based collection agency told the Lauderdale County (Miss.) Board of Supervisors last week that they have the expertise to collect $7.2 million in unpaid fines and fees owed to the county since 1984.
April 18 -
A Las Vegas-based collection agency has filed more than a thousand medical debt collection lawsuits against St. Louis area residents since the end of 2014.
April 18 -
Senior members of the Obama Administration posted a blog advocating "a moral case" for putting an end to payday lending abuses, citing support from a variety of religious leaders.
April 15 -
Senior members of the Obama administration posted a blog under the headline: "A Moral Case for Putting a Stop to Payday Lending Abuses." White House officials are citing support from a diverse array of religious leaders for ending the cycle of debt caused by taking out multiple payday loans.
April 15 -
The Better Business Bureau serving the western part of Florida has issued an alert about a fraudulent debt collection operation using the name ACS Inc.
April 15