Consumer lending

Santander Consumer USA Holdings in Dallas has named Ismail "Izzy" Dawood as chief financial officer.

A Massachusetts collection agency and debt buyer is the target of a federal complaint filed Monday by the Consumer Financial Protection Bureau. The agency is accused of reporting and collecting on old cellphone debts disputed by consumers.

The financial outlook for nonprofit healthcare facilities in the U.S. has improved enough that the hospital industry should be able to ward off upcoming shifts in government payments and moves by employers to coordinate care toward outpatient services, according to a report from Fitch Ratings.

The healthcare industry will be a target for data breaches next year because of the high value of medical records sold on the black market and the ongoing transition to electronic medical records, according to a new forecast.

Missouri Attorney General Chris Koster proposed reforms Thursday to stop debt collection practices that he believes unfairly target minority and low-income residents.

An estimated 1,300 former students of defunct for-profit Corinthian Colleges Inc. will have their federal student loans canceled by the U.S. Department of Education after it found students were tricked into taking on the loans, according to a government report released Thursday.

Huntington Bancshares in Columbus, Ohio, has brought on industry veteran Tom Wirth to fill the newly created position of auto finance product and strategy director.

The CFPB took action Thursday against a nationwide credit reporting company and its owner for allegedly illegally obtaining consumer credit reports.

There are still significant problems in the credit card market despite a 2009 reform law that curtailed billions of dollars in unexpected fees, the Consumer Financial Protection Bureau said in a report Thursday.

The operators of a business directory scam allegedly sent collection warnings demanding more than $2,000 for unwanted listings and posed as a third-party collection agency.

The lead plaintiff in a class-action lawsuit filed against Macy’s in New York City accuses the retailer of "coercive collection practice" against minority customers.

A federal appeals court has ruled that Visa and MasterCard were coerced by law enforcement into cutting ties with a website that runs sex-related ads. The decision is a powerful statement in the debate over how far government officials can go in enlisting financial institutions as their deputies.

An Indiana-based online test preparation company, sued this year by attorneys general in Indiana and New York, terminated employees and told them the firm is going "dormant." One of the firm's major creditors is accusing the company of fraud.

Banks are losing auto finance market share to captive lenders and finance companies, according to a new report from the credit bureau Experian.

Banks are losing auto-finance market share to captive lenders and finance companies, according to a new report from the credit bureau Experian.

Fallout from the Consumer Financial Protection Bureau’s proposed rules governing payday loans are starting to be felt with payday lending operations across the U.S.

The Iowa Court of Appeals has ruled that Capital One Bank (USA) didn’t violate an Iowa debt collection law by pursuing debt without registering with the state as a debt collector.

PRA Group announced Monday that Michelle Link, the company’s chief human resources officer, has been named to Human Resource Executive magazine’s 2015 HR Honor Roll.

A report from The Commonwealth Fund indicates consumers are reporting problems affording healthcare as a result of high premiums while the perception of the difficulty also influences care decisions.

It sounded like a sales pitch from the bubble years - "Subprime: The New Normal." But an account executive at the Atlanta mortgage lender Angel Oak Home Loans sought to draw a clear distinction between subprime products pitched today and the infamous stated-income loans of yore.