Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
A recent ruling by the U.S. Court of Appeals for the Seventh Circuit, along with several district court decisions,
The Consumer Financial Protection Bureau could see an unusual leadership arrangement in the coming weeks, with reports indicating that
An independent audit of the Australian Taxation Office (ATO) is urging the agency to adopt measurable targets for reducing small
The Consumer Financial Protection Bureau (CFPB) has implemented significant changes to its consumer complaint system, introducing new identity verification requirements,
The Washington State Department of Financial Institutions (DFI) has finalized a consent order requiring mortgage lender West Capital Lending
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
The U.S. Small Business Administration (SBA) has suspended 7,800 borrowers in Wisconsin who are allegedly connected to approximately $375
The Canadian Home Improvement Credit Corporation (CHICC) has agreed to refund approximately C$113,000 to affected consumers in British Columbia following
Court Case Snapshot Case Name: Arizona ex rel. Mayes v. Michael D. Lansky, L.L.C., et al. Court: U.S. District Court
State and local courts across the United States continued to experience a sharp increase in consumer debt collection lawsuits
The New York City Department of Consumer and Worker Protection (DCWP) has postponed the implementation of its SHIELD Rule
Massachusetts Governor Maura Healey has proposed new regulations that would prevent certain healthcare providers and the debt collectors working
Hawaii has launched a new medical debt relief program that is expected to eliminate about $91 million in medical
South Korea is moving to curb a long-standing debt collection practice that has allowed financial institutions to extend the
A major restructuring of the federal student loan system may soon be written into law. House Republicans have introduced
Case Snapshot Court: U.S. Court of Appeals for the Seventh Circuit Case: Steidinger v. Blackstone Medical Services, No. 25-2398
Michigan Gov. Gretchen Whitmer has vetoed two debt collection and garnishment bills that had been delayed for more than
Pennsylvania is seeing significant changes affecting the accounts receivable management industry, with new court procedures aimed at speeding up
A Kansas nonprofit hospital has agreed to settle 11 medical debt collection cases. The lawsuits alleged that patients who
A new national poll released by the Center for Responsible Lending (CRL) and Americans for Financial Reform (AFR) indicates that
Brazil has moved a step closer to strengthening consumer protections against unwanted telephone calls. This happened after a Senate
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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