Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The Federal Communications Commission (FCC) has released a draft order that would change how businesses handle some consumer requests
South Korea is moving to expand the Financial Supervisory Service’s role in combating illegal private lending and unlawful debt
Case Snapshot Court: U.S. District Court for the Middle District of North Carolina Case: Card v. R.J. Reynolds Tobacco
A former executive director of a publicly funded charter school in Tucson, Arizona, has been charged with 22 felony
South Dakota’s Obligation Recovery Center requests an average of 249 driver’s license suspensions each month to collect debts owed
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
A federal court in New Jersey has ruled that text messages can qualify as “telephone calls” under the Telephone Consumer
Case Snapshot Court: U.S. Court of Appeals for the 9th Circuit Case: United States v. Jackson, consolidated appeals Decision
A federal judge in Arizona has temporarily halted Credit Glory and its network of related credit repair companies following
Case Snapshot Court: U.S. District Court for the Western District of New York Case: United States v. Nicholas Janes Decision
The Federal Reserve has issued new supervisory guidance addressing credit risks that banking organizations may face when lending to individuals
The Washington Department of Licensing (DOL) is preparing to update professional license fees, with adjusted fee schedules set to
Healthcare affordability remains the leading healthcare concern among Americans, according to a new Commonwealth Fund survey conducted in partnership with
South Korean financial regulators are moving to standardize when financial firms must restrict debt collection against certain financially vulnerable
Case Snapshot Court: U.S. Supreme Court Case: Jeffrey Owen v. United States of America Petition Date: Aug. 12, 2026
A recent Congressional Research Service (CRS) report has identified new and developing disagreements among federal appeals courts over the
Sen. Bernie Sanders announced on August 17 that he plans to introduce legislation aimed at permanently blocking the federal
The CFPB has stopped publishing consumers’ written complaint narratives in its public Consumer Complaint Database, ending a practice that
Mumbai-based lending technology startup Rezolv has raised $12.5 million in Series A funding as it prepares to expand its
A South Korean appeals court has sentenced an unlicensed moneylender to three years and six months in prison in
Legacy Mortgage, LLC and a law firm it hired face a lawsuit in Puerto Rico over allegations that they
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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