courtneyk / Getty Images/iStockphoto Medical debt has long played an extensive role on credit reports, but concerns about medical debt collections and related reporting are becoming particularly elevated due to the COVID-19 pandemic. See: Equifax, Experian & TransUnion Want to ...

How Americans can get out of debt© s_kawee/Envato It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant inflation, it’s equally unsurprising that credit card balances are on ...

Democratic Senator Elizabeth Warren urged President Donald Trump to work with regulators to stop what she called unjustified closing of bank accounts held by citizens and businesses, arguing that efforts to mute the Consumer Financial Protection Bureau will worsen the ...

Credit/Shutterstock Eight credit unions had losses exceeding $10 million in the fourth quarter as assets and loan quality declined. NCUA data gathered through Callahan’s Peer Suite showed those eight credit unions lost $350.7 million in the fourth quarter, or a ...

ACA International issued letters supporting congressional hearings this week that explored community banks’ relationships with businesses and potential reforms. The House Financial Services Committee and Senate Committee on Banking, Housing and Urban Affairs held hearings Feb. 5 on  “debanking” in ...

Despite a strong employment picture, TransUnion acknowledged some consumers are still struggling financially due to elevated inflation and higher than normal interest rates. TransUnion also pointed out that the lowest income households — ones earning less than $50,000 — face ...

On January 16, 2025, the Federal Trade Commission (“FTC”) and the State of Colorado (collectively, “Plaintiffs”) filed a lawsuit against the “largest multi-family rental property manager in the United States,” Greystar Real Estate Partners, LLC (“Greystar”), accusing it of deceiving ...

Civil lawsuit filings in Virginia's General District Courts increased more than 6% in 2024. The biggest increase? Warrants in debt (collection lawsuits) increased by 27%. A warrant in debt is a civil lawsuit to pursue recovery of money damages, usually ...

Democrats are calling on Treasury Secretary Scott Bessent to cancel his stop work order for the Consumer Financial Protection Bureau (CFPB) after employees with Elon Musk’s Department of Government Efficiency (DOGE) targeted the agency as part of their overhaul of ...