Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
A recent ruling from the U.S. Court of Appeals for the Tenth Circuit could have significant implications for consumers
New filing data from TCPAWorld indicates that Telephone Consumer Protection Act (TCPA) class action litigation may be showing early signs
Case Snapshot Court: U.S. District Court for the Northern District of California; U.S. Court of Appeals for the 9th Circuit
A recent Illinois appellate court decision could have significant implications for companies that purchase defaulted mortgage loans and enforce
Legislative Snapshot Bill: S. 4097, State-Based Education Loan Awareness Act Jurisdiction: United States Senate Status: Advanced by the Senate
New Jersey Governor Mikie Sherrill has announced her intention to nominate Christopher L. Peterson as Director of the New
The Senate Judiciary Committee has postponed a scheduled vote on whether to advance Todd Blanche’s nomination as U.S. attorney
Nearly one in five federal student loan borrowers in Illinois is now in default, underscoring the financial challenges many borrowers
North Carolina Attorney General Jeff Jackson is leading a bipartisan coalition of 50 attorneys general in urging the Federal
Chile's government has begun an aggressive effort to recover overdue student loan debt, targeting hundreds of thousands of borrowers
The Washington State Department of Financial Institutions (DFI) has officially entered into a consent order with a residential mortgage
Case Snapshot Case Name: Ward v. National Credit Systems, Inc. Court: U.S. Court of Appeals for the Tenth Circuit
Brian Johnson, President Donald Trump's nominee to lead the Consumer Financial Protection Bureau (CFPB), told the Senate Banking Committee
The Commodity Futures Trading Commission has lost roughly one-quarter of its workforce during President Donald Trump’s second administration, reducing
The Securities and Exchange Commission (SEC) of the Philippines has fined Inclusive Credit Lending, Inc. ₱1.03 million after finding
FinCap is calling for increased and sustainable funding for financial mentoring as its latest report shows that client debt
The use of artificial intelligence in outbound calling continues to draw legal scrutiny as a newly filed class action
South Korean police announced an intensive nationwide crackdown on illegal private lending crimes on Wednesday as authorities respond to
A new report from The Business Research Company projects the global debt collection agencies market will grow to $35.32
Case Snapshot Court: U.S. District Court for the Northern District of California Case: Caroline Wong v. LaserAway, LLC, No.
Legislative Snapshot Bill: Senate Bill 992 Jurisdiction: Pennsylvania Status: Signed into law by Gov. Josh Shapiro Effective Date: Oct.
A new report from The Pew Charitable Trusts found that debt collection lawsuits continue to increase across several U.S.
Egypt’s Financial Regulatory Authority (FRA) has extended the grace period for companies and entities operating in the non-banking financial
The Consumer Data Industry Association (CDIA) has approved a new Metro 2 Special Comment Code designed to give lenders
The U.S. Senate Committee on Banking, Housing, and Urban Affairs has scheduled a confirmation hearing for Brian Johnson, President
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Latest News
- South Korean Loan Shark Sentenced After Charging Interest Rates as High as 6,083%
- Legacy Mortgage Faces Lawsuit Over Alleged Collection of Discharged Debt
- Amazon Agrees to $2.25M Settlement Over Alleged FCRA Violations
- Capital One Faces Florida Class Action Over Alleged Late-Night Debt Collection Calls
- Australian Debt Collector Pays $59,400 After Regulator Raises Harassment, Misleading Notice Concerns