Late payments have long affected UK retail and supply chains, especially small and medium-sized firms with limited financial buffers. / Credit: Hakaroo Project via Shutterstock The UK government has introduced new legislation aimed at speeding up payments between businesses, in ...

Bank of America has agreed to a proposed 2.25 million dollar settlement to resolve a class‑action lawsuit over certain ATM fees charged at 7‑Eleven store ATMs operated by FCTI. What the lawsuit was about The case is Schertzer, et al ...

Capital One reported April 2026 monthly charge-off and delinquency metrics, including net charge-offs and 30+ day delinquencies for key portfolios. Key Highlights: Domestic credit card period-end loans held for investment: $255,320 million; net charge-offs: $1,042 million (4.94%). Domestic credit card ...

News1 Bank loan delinquency rates among Koreans in their 20s and 30s are rising as volatility in the domestic stock market expands. The market suspects a growing number of borrowers either took out excessive credit loans to invest in stocks ...

Serious delinquency (60+ DPD) on US auto is now heavily concentrated in subprime, running around the mid‑6% range versus well under 1% for prime, with overall auto 60+ DPD around the mid‑1% range. Current serious delinquency levels Overall auto (all ...

A 78‑year‑old great‑grandmother in Kent was mistakenly declared dead over a small unpaid water bill, prompting an apology and write‑off of the balance by Southern Water and its debt collection agency. What happened A great‑grandmother named Ginnette Bye from Folkestone ...

A recent federal court decision is providing important clarity for debt collectors and other businesses that rely on voicemail outreach, holding that “human-sounding” voicemails can still qualify as prerecorded messages under the Telephone Consumer Protection Act (TCPA). The ruling addresses ...

The FTC has announced a settlement requiring Cox Media Group and two partner firms to pay about 930,000 dollars and accept extensive conduct restrictions after allegedly deceiving advertisers about an AI-powered “Active Listening” ad-targeting service that supposedly used smart-device conversations ...

Based on recent reporting from Auto Finance News, Nissan Motor Acceptance Company (NMAC) is experiencing a shift in its auto loan application mix, with nonprime applications gradually increasing while prime application volumes decline. This trend reflects broader dynamics in the ...