Credit and Collection News

March 12, 2026

Fintech firms accelerate account wins as digital momentum reshapes banking competition

“Fintech firms accelerate account wins as digital momentum reshapes banking competition” is a fresh headline summarizing new research showing that neobanks and fintech brands are growing their share of new banking and investment accounts faster than traditional institutions, largely driven ...

March 9, 2026

Americans Took Longer Car Loans To Afford Higher Prices. Now Some Are Defaulting Years Later

Car payments have been climbing for years, and for many buyers, the numbers are starting to stretch household budgets. Higher vehicle prices and rising interest rates have pushed monthly payments into a territory that once seemed unthinkable for a typical ...

March 13, 2026

What to do after a data breach, according to identity theft experts

(InvestigateTV) — A data breach doesn’t always mean a person’s identity has been stolen, but experts say it increases the risk and is a reason to monitor accounts and credit closely. James Lee, president of the Identity Theft Resource Center ...

March 11, 2026

Virginia AG Joins Multistate Suit Over CFPB Funding Signaling More Aggressive Enforcement

Virginia’s new AG Jay Jones has joined Democratic AGs in a multistate suit to force restoration of CFPB funding, and that move is a clear signal that Virginia is shifting toward more aggressive consumer‑financial enforcement aligned with pro‑CFPB states. What ...

March 12, 2026

Soft Selling Text Messages Could Count As Solicitations Under The TCPA

The U.S. District Court for the Northern District of Georgia, in Veronica Bramlett, on behalf of herself and all others similarly situated v. RES 360 LLC and Peach City Properties LLC, No. 1:25-CV-3312-MLB (N.D. Ga. Mar. 4, 2026) recently granted in ...

March 13, 2026

Experian Announces UK’s Credit Score App Launch Inside ChatGPT

Experian and OpenAI have launched what they describe as the UK’s first credit score app inside ChatGPT, built around postcode‑based, aggregated credit score benchmarks rather than individual credit files. What the app actually does Provides postcode-based average Experian Credit Scores ...

March 7, 2026

TransUnion’s New AI Credit Tool And What It Means For TRU Stock

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. TransUnion (NYSE:TRU) has launched its AI Analytics Orchestrator Agent, a new tool designed to deliver transparent and explainable credit ...

March 9, 2026

Big banks’ lending slows to near 2-year low in January

Lending by big banks, or universal and commercial banks (U/KBs), grew at its slowest pace in nearly two years in January, dragged down by a deeper contraction in foreign loans and modest growth in domestic lending. The latest data from ...

March 8, 2026

The FCC Tackles Call Center Offshoring With Proposed Rules

The FCC has released a proposal aimed at tightening rules on offshore call centers used by telecom and other covered communications providers, with a focus on disclosure, consumer choice, and limits on overseas handling of calls and sensitive data. Core ...

March 9, 2026

ELGA Credit Union Completes Acquisition of Marine Bank

Brings Its Community Banking Model to Florida, Creating a $2.3 Billion Credit Union Serving Over 115,000 Members Marine to rebrand as: Marine - A Division of ELGA Credit Union GRAND BLANC, Mich. & VERO BEACH, Fla.--(BUSINESS WIRE)--ELGA Credit Union (“ELGA ...