Consumer lending

Credit unions have a dominant auto lending presence in the West, boasting as much as a 50% market share in some areas. Credit Union Journal explores what is driving that dominance.

The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather, it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.

A court ruling that struck down key sections of a Missouri law limiting the ability of cities to profit from court fines and traffic tickets will be appealed by Missouri Attorney General Chris Koster.

Bankers are warming up to a program that aims to improve the credit profile of entrepreneurs while giving banks a new way to compete with online lenders.

The subprime consumer lender currently rejects many of its personal loan applicants. It hopes to qualify more borrowers by offering cash to those who are willing to put their cars up as collateral.

The Urban Institute has released a report reviewing data from 118 million homeowners and 127 million renters to help understand how mortgages relate to other consumer debts.

The CFPB's annual report to Congress updates the current status of proposed debt collection rules and lists four key themes that emerged from the more than 23,000 comments received after the CFPB’s 2013 debt collection Advanced Notice of Proposed Rulemaking.

Thousands of students who were defrauded by Corinthian Colleges could receive billions in debt forgiveness from the federal government, the U.S. Department of Education announced Friday.

A Georgia-based debt collection law firm and a debt buyer didn't violate federal law by misleading consumers into believing that they would be sued if they didn't pay the amount they owed, the 2nd Circuit U.S. Court of Appeals has ruled.

The Federal Trade Commission, hoping to strengthen cross-border cooperation on anti-spam and Do Not Call enforcement, signed a memorandum of understanding with the Canadian Radio-Television and Telecommunications Commission.