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Bank of Montreal, Canada's fourth-largest lender, has agreed to buy General Electric's transportation finance business in the U.S. and Canada.
September 10 -
West Virginia regulators filed a complaint against a company that owns residential rental properties, alleging the company charged tenants excessive fees in violation of the states consumer protection laws and engaged in unlawful debt collections.
September 10 -
The Consumer Financial Protection Bureau is attacking the much-maligned business tactics of the debt collection industry from multiple angles.
September 10 -
The Consumer Financial Protection Bureau is attacking the much-maligned business tactics of the debt collection industry from multiple angles.
September 10 -
The consumer agency, which recently reached a large settlement with JPMorgan Chase over collections practices, turned its focus Wednesday to the country's two largest debt buyers.
September 9 -
The Consumer Financial Protection Bureau took action Wednesday against the nations two largest debt buyers and collectors for allegedly using deceptive tactics to collect bad debts.
September 9 -
The Consumer Financial Protection Bureau imposed up to $79 million in penalties and refunds Wednesday in enforcement actions against the country's two largest debt buyers.
September 9 -
Americans had 314 million credit card accounts during the first three months of the year, the highest number since the fourth quarter of 2008, according to a report released Wednesday.
September 9 -
The Council of Better Business Bureaus released data showing that collection agencies received 21,576 complaints from consumers last year, the fifth most complained about financial sector.
September 9 -
Consumer borrowing rose by $19.1 billion in July, pushing the total to a record $3.45 trillion, according to the Federal Reserve.
September 9 -
Prestige Financial Services, a privately held subprime auto lender, is looking to spark growth by offering credit directly to consumers over the Internet.
September 8 -
Californias Court of Appeal has blocked a class-action lawsuit against against collection agency GC Services.
September 8 -
A partnership between collection agency ConServe in Fairport, N.Y. and Rochester Rehabilitation in Rochester, N.Y. is aiming to help employ people with disadvantages.
September 8 -
Prestige Financial Services, which focuses on car buyers who are in the bankruptcy process, is trying to keep pace in a fast-growing market.
September 8 -
WASHINGTON The Justice Department is continuing to find cases of lenders steering minority borrowers into higher-cost loans three years after the agency forced several large banks into landmark settlements cracking down on the practice, according to a top DOJ official.
September 4 -
A mortgage relief services company and its owner agreed Thursday to settle allegations that they illegally charged homeowners an upfront fee for help they promised but never provided.
September 4 -
The San Francisco company hopes to lower its costs by driving out human intervention as much as possible. To get there, it has made the counterintuitive decision to locate its operations staff in one of the countrys most expensive cities.
September 3 -
A recent poll shows that since the Consumer Financial Protection Bureau was established in 2011, consumers dont feel it has improved their lives but some believe the regulator should have more oversight.
September 3 -
Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.
September 3 -
Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.
September 2


