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A new Government Accountability Office report found that the Internal Revenue Services uncollected tax debts rose 23% since 2009 to $380 billion while the agencys collection staff fell 23% during the same period after years of budget cuts.
July 30 -
A House Subcommittee on Communications and Technology hearing on the FCC's policy decisions prompted a discussion on the application of rules regarding robocalls.
July 29 -
One of the nation's largest non-profit colleges is facing an FTC investigation for allegedly deceptive marketing practices.
July 29 -
TransUnion Corp. reported its second-quarter revenue increased 16% in the company's first quarterly financial report since its initial public offering.
July 29 -
West Virginia Attorney General Patrick Morrisey is looking into hiring a lawyer licensed in California to collect a $13.8 million judgment against loan company CashCall Mortgage.
July 29 -
The auto lender, which has been operating under tight regulatory restrictions since its bailout during the financial crisis, will now be allowed to use its federally insured deposit base to fund more of its loan portfolio.
July 28 -
The Consumer Financial Protection Bureau on Tuesday charged Paymap Inc. and LoanCare LLC with deceiving consumers.
July 28 - Morning Scan: Faulty Credit Reports Targeted; Merchants Seek Dismissal of $6B Credit Card Settlement
Some Democratic lawmakers want to help consumers fight back against creditors. The Consumer Reporting Fairness Act, introduced by Sen. Sherrod Brown, D-Ohio, would make it easier to fix inaccurate credit reports.
July 28 -
Professional race car driver Scott Tucker is working on settling a Federal Trade Commission lawsuit accusing him of involvement in a payday lending scheme.
July 28 -
The House Financial Services Committee is meeting Tuesday to begin voting on several bills that are part of ABAs Agenda for Americas Hometown Banks.
July 28 -
The Consumer Financial Protection Bureau denied an auto dealer trade group's request for a document detailing limits imposed by Honda's financing arm on dealer price discretion.
July 27 -
Eagle Bancorp in Bethesda, Md., has sold its indirect auto loan portfolio to MainStreet Bank in Fairfax, Va.
July 27 -
A group of scammers who promised consumers new Medicare cards to obtain their bank account numbers and debit their accounts reached settlements with the Federal Trade Commission.
July 27 -
Officials in Stockton, Calif. are apologizing to thousands of city residents who were incorrectly notified that they were delinquent on their sewer bills.
July 27 -
A Mississippi woman filed a class-action complaint last week in Chicagos federal court against finance company First Tower Loan LLC for allegedly violating the Telephone Consumer Protection Act.
July 27 -
WASHINGTON Two years after a legal challenge to the Consumer Financial Protection Bureau's constitutionality was dismissed by a federal court, the case is unexpectedly back from the dead.
July 26 -
If the decision by the New York appeals court is upheld, banks and other lenders could have trouble finding buyers for credit card and other consumer loans.
July 24 -
The Small Business Administration has worked hard to make its flagship 7(a) loan program more attractive, adding lenders, slashing fees and cutting red tape to speed the review process. Now, the agency is paying the price for its efforts.
July 24 -
A new compromise package in a Senate highway funding bill proposes to raise $2.4 billion by handing the job of tax collection over to private collection agencies.
July 24 -
A lawsuit filed by Virginia Attorney General Mark Herring against B&B Pawnbrokers Inc. in Spotsylvania, Va. alleges the business has been making illegal, unlicensed motor vehicle title loans and charging excessive fees for them.
July 23



