Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The Florida Office of Financial Regulation has ordered BYDcash, Incorporated, formerly known as BYDcash, LLC, to pay a $107,250
A local authority in England has advised residents to stop making debt payments to Whyte & Co after the
Legislative Snapshot Bill: H.R. 10184, Consumer Financial Protection Accountability and Reform Act of 2026 Jurisdiction: Federal Status: Ordered reported,
Case SnapshotCourt: U.S. District Court for the Northern District of AlabamaCase: Conrad v. Hart Consumer Products Inc., No. 4:24-cv-307-CLMDecision Date:
The Senate Committee on Banking, Housing and Urban Affairs has advanced Brian Johnson’s nomination to serve as director of
Law firms and companies that market legal services in Texas are facing increased litigation over unsolicited calls and messages to
Consumers’ perceived risk of missing a minimum debt payment increased for the second consecutive month in August, reaching 13.2% and
Case Snapshot Case: Jaber v. Title Premier Court: U.S. District Court for the Eastern District of Missouri Case No.: 4:26
ACA International has acquired the Women in Consumer Finance conference and plans to relaunch the event in fall 2027,
California has created a new path for children and their families to pursue legal action against operators of AI
Washington, D.C., has enacted a new law that will place broad restrictions on how medical debt can be collected
The Consumer Financial Protection Bureau has released an updated version of its Your Home Loan Toolkit, giving mortgage lenders, brokers,
Case Snapshot Plaintiff: Andrea Velazquez Defendant: Telescents Inc., doing business as FragranceNet Court: U.S. District Court for the Central District
South Korea’s debt collection industry is raising concerns as personal rehabilitation filings and debt adjustment applications climb. Credit information
The United Kingdom’s HM Revenue & Customs (HMRC) has begun engaging with the market as it considers the future
The Federal Communications Commission is taking a two-pronged approach to its ongoing fight against illegal robocalls, removing 14 voice
Legislative Snapshot Bill: Consumer Financial Protection Accountability and Reform Act of 2026 Jurisdiction: Federal Status: Introduced following release of
Norwegian authorities have seized a Russian vessel at the request of Ukrainian state-owned energy company Naftogaz as the company
A proposed Massachusetts settlement could eliminate thousands of alleged consumer debts and permanently end the defendants’ debt collection operations
The Consumer Financial Protection Bureau is defending the operational changes it made in early 2025 after an Inspector General
California is considering a court rule that could allow trained nonlawyers to provide limited legal assistance to low-income consumers,
A federal judge in Texas has entered a $23,405 default judgment against Cloud City Commercial Capital, LLC, doing business
The South African Revenue Service is intensifying collection of unpaid tax debt, including using its statutory authority to direct
Federal student loan borrowers have until September 30, 2026, to enroll in automatic payments and take advantage of a
American Express National Bank is facing a lawsuit from a consumer who claims the bank reported settled accounts as
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Latest News
- 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
- The Business of Bad Debt Advice: How Scams Exploit Consumers Struggling With Debt
- Treasury Reportedly Preparing to Hire Private Debt Collectors for Defaulted Student Loans
- Social Security COLA Set at 3.6% for 2027, but FERS Retirees Receive Less