Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The U.S. Department of Education has reclassified most graduate theology programs as nonprofessional for federal student loan purposes, reducing the
Merchants Bank of Indiana has filed an interpleader action in federal court after receiving conflicting demands over more than
Case Snapshot Court: U.S. District Court for the District of Delaware Case: Neal v. Transworld Systems, Inc. Decision Date:
A growing number of U.S. states are adopting new laws to ease the burden of medical debt as millions
Millions of federal student loan borrowers are entering a new repayment system after the Saving on a Valuable Education
Case Snapshot Case: McCormick v. Texakoma Financial, Inc. Court: U.S. District Court for the Eastern District of Texas Decision
Artificial intelligence regulation is entering a new phase as policymakers, technology companies, courts, and content creators continue to debate
Case Snapshot Case: Gaines v. LPC Survival, Ltd., No. 2:25-cv-08495 (C.D. Cal. June 16, 2026) Court: U.S. District Court
The American Bankers Association, National Consumer Law Center, and ACA International have asked the FCC to revise its TCPA "revoke
The House Financial Services Committee has advanced three banking-related bills backed by the American Bankers Association (ABA), moving forward proposals
Tennessee Legislature Approves New Oversight and Volume Limits for Automated Telephone Solicitations
Legislative Snapshot Bill: HB 2408 / SB 2659 Jurisdiction: Tennessee General Assembly Status: Passed by both chambers and transmitted
South Carolina lawmakers are moving forward with legislation that would impose new transparency requirements on healthcare billing practices while
Sangnoksu Jeil Securitization Specialty Co., a private distressed-debt management company established after South Korea’s 2003 credit card crisis, has
New York utility regulators have launched a statewide investigation into utility debt-collection and service termination practices after comments made
Case Snapshot Court: U.S. District Court for the Southern District of Florida Case: Cicale v. Professional Parking Management Corporation Core
Case Snapshot Court: California Department of Financial Protection and Innovation administrative proceeding Case: In the Matter of the Commissioner of
The U.S. District Court for the Eastern District of Missouri recently issued two separate rulings addressing procedural disputes in Telephone
Case Snapshot Court: U.S. District Court for the Eastern District of Michigan Case: Boyd v. H&R Accounts, Inc. Core
Case Snapshot Court: U.S. District Court for the Middle District of Georgia Case: Caudell v. NewRez LLC d/b/a Shellpoint
Consumer litigation filings increased sharply in March, driven by substantial month-over-month gains in Fair Credit Reporting Act (FCRA) and
Case Snapshot Court: U.S. District Court, Northern District of Illinois Case: Rabbitt v. Rohrman Midwest Motors, Inc. Decision Date:
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Schultz v. Credit Control, LLC Decision
The U.S. Court of Appeals for the Eleventh Circuit has affirmed a lower court decision refusing to enforce an
A federal magistrate judge has temporarily halted enforcement of Colorado’s artificial intelligence law just weeks before it was set
Chicago City Comptroller Michael Belsky is pushing back on a recent report examining millions in unpaid debt owed to
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Latest News
- Snap Finance Reaches $664.9 Million Settlement With 17 States Over Lease-to-Own Practices
- Federal Court Preserves Jury Trial Rights in FTC Debt Relief Enforcement Case
- Alabama Court Rejects I.C. System’s Bona Fide Error Defense in FDCPA Case
- TransUnion Launches Fraud Scores for Credit Denials, Targeting Credit Washing and Synthetic Identities
- South Korea Debt Collection Outsourcing Surges 14.6% as Lenders Cut Costs