Consumer lending

Recent high-profile settlements and a New York Times article have drawn fresh attention to problems in the debt collection industry. Many of these could be resolved with the deployment of a trusted national database for consumer debt.

Debt buyer PRA Group announced that Lance L. Weaver has been appointed by the company's board of directors to serve as an independent director.

A voter initiative in South Dakota to cap payday loan interest rates at 36% will be on the state’s ballot next year despite complaints from payday lenders that it will put them out of business.

WASHINGTON — An investigation into potential discriminatory lending practices of a company owned by Berkshire Hathaway is spurring attention by the Consumer Financial Protection Bureau.

A federal court has halted and frozen the assets of an operation that the FTC alleges bilked millions of dollars from nonprofit organizations and small businesses through an office supply scam.

A federal court has halted and frozen the assets of an operation that the FTC alleges bilked millions of dollars from nonprofit organizations and small businesses through an office supply scam.

Some lost their jobs while others made major missteps or faced serious challenges to their business plans. Here are the folks who had a rough 2015 and are looking forward to better times in 2016.

Frederick J. Hanna & Associates agreed Monday to pay $3.1 million to settle a CFPB lawsuit that alleged the firm illegally operated a debt collection lawsuit mill. The law firm has responded to the proposed settlement.

Freddie Mac is one-upping Fannie Mae by offering to retain some home loans that have defects but without requiring that mortgage lenders pay a fee.

The Minnesota Department of Commerce is warning consumers about a debt collection scam where criminals are falsely using the name of a St. Paul, Minn.-based law firm to target victims.