Editorial News

Independent analyses — by sources ranging from Yale University to the Wharton School to the Congressional Budget Office – have each said that President Donald Trump’s budget plan will add trillions of dollars to the U.S. deficit over the next 10 years.  What’s at stake if…

Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight month, hitting the highest level since December, according to a recent report by LendingTree. Now, the average annual percentage rate is just…

On April 29, Acting Comptroller of the Currency Rodney Hood delivered pre-recorded remarks at the National Fair Housing Alliance’s Responsible AI Symposium.  In his speech, Hood reiterated the OCC’s commitment to deploying AI responsibly within the banking sector and highlighted the agency’s…

By David N. Anthony on April 23, 2025 Posted in All Entries, Consumer Financial Protection Bureau (CFPB), FCRA, FDCPA, State Attorneys General, CFPB + FTC, TCPA According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), the Telephone Consumer…

The Business Research Company’s Debt Collection Agencies Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 31, 2025 /EINPresswire.com/ — Get 20% off on Global Market Reports until March 31st! Use…

Landlords are turning to a hardball tactic to go after their tenants in rent disputes: tanking their credit scores. When David Murray moved out of his St. Louis apartment two months early, he thought he had settled up by giving…

Canadian drivers are racking up over a million-dollars-a-year in unpaid tolls, penalties and other fees on Port Authority crossings in New York and New Jersey, according to documents reviewed by The Post. The Port Authority of New York and New…

Technology adoption and potential regulatory changes will be top of mind for collections agencies for 2025. Technology will help increase agency efficiency and increase collections. And potential regulatory changes could result in substantial changes to the collections landscape. Here is a brief look…

The Consumer Financial Protection Bureau (CFPB) is working to prevent unlawful debt collection targeting consumers at their workplace. The regulator said in a Thursday (Jan. 2) blog post that it continues to crack down on companies that harass consumers, pointing to actions it took in 2014 and 2018 against…

A sharp rise in mortgage interest rates toward the end of December took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year. Total mortgage application volume for the two weeks…