Consumer lending

The Federal Trade Commission, as a result of a federal court ruling, may attempt to collect up to $3.2 million from marketers who lied about their finances to the FTC when they agreed to settle deceptive advertising charges in 2014.

PRA Group's fourth-quarter financial results reported Thursday showed drops in both revenue and income and mixed news for cash collections.

The Sixth Circuit recently upheld an Ohio federal court's decision to throw out a Telephone Consumer Protection Act suit brought by two hospital patients.

Professional race car driver Scott Tucker has pleaded not guilty in New York to charges in a payday lending scam.

Debt held by consumers in the U.S. as they age is rising, according to an analysis by the Federal Reserve Bank of New York.

Dublin, Ala., an unincorporated borough in Montgomery County, is reviewing whether to hire a collection agency to pursue nearly $100,000 in overdue water, sewer and trash accounts.

The Federal Trade Commission has charged a debt relief operation with falsely representing to financially distressed homeowners and student loan borrowers that it would help get their mortgages and student loans modified.

More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.

The Consumer Financial Protection Bureau on Tuesday hit Citigroup with $8 million in fines and restitution for allegedly selling credit card debt with inflated interest rates and failing to send consumer payments to debt buyers.

Violations of state and local debt collection statutes aren’t violations of the Fair Debt Collection Practices Act, the U.S. Court of Appeals for the Second Circuit ruled Monday.

A TransUnion analysis found that prior evictions and rental-related collection records are highly predictive of future evictions.

Taiwan-based computer hardware maker ASUSTeK Computer Inc. agreed to settle FTC charges that critical security flaws in its routers put the home networks of hundreds of thousands of consumers at risk.

A bill passed by the Wisconsin state legislature last week alters consumer law to ease regulations for debt collectors.

A recent story published by media in Houston stated that a Texas man had been arrested for failing to pay his student loan debts. In fact, the man, Paul Aker, was arrested for failing to appear in court.

Many consumers expecting a tax refund this year will use it to pay down debt or save the money, according to the National Retail Federation’s annual Tax Returns Survey.

The Consumer Financial Protection Bureau's use of enforcement actions to try and make broad changes to the auto lending market is fragmenting the industry further and potentially limiting a consumer's ability to negotiate for a lower interest rate.

Wisconsin lawmakers are reviewing a plan to send Milwaukee County’s debt to the state’s Department of Revenue for collection.

An estimated 6,200 accounts at Western Missouri Medical Center in Warrensburg, Mo. were inadvertently sent to a collection agency because of a computer glitch.

Shoppers who finance the purchase of cars, furniture and home improvements are protected under a decades-old federal regulation. Now consumer groups are urging the FTC to update its rule and consider offering the same protections to victims of home-mortgage or auto-leasing scams.

Key differences in the CFPB's agreements with Toyota and Honda are making it harder for the CFPB to make systemwide changes to the auto lending market. Here's why.