The Federal Deposit Insurance Corporation (FDIC) is advancing plans to create an independent organization dedicated to developing and applying uniform benchmarks for third-party vendors that supply services to banks. Working alongside banking and financial technology industry groups, the agency aims ...

Centrelink is pursuing $4.93bn in unpaid debts, with the oldest dating back more than 40 years, despite the government agreeing to implement a six-year statute of limitations on debt recovery. A growing list of advocates, including peak legal body Economic ...

Credit card balances in the U.S. now sit at about US$1.26t, with more borrowers falling 90+ days behind and many using plastic just to cover essentials. That combination can strain households, yet it can also shift attention to companies that ...

New York Fed data show a modest decline in overall past-due balances in the second quarter, while fresh mortgage delinquencies reached their highest level since 2015. U.S. household credit performance showed modest improvement in the second quarter, though the New ...

PRA Group Inc. (Nasdaq: PRAA) delivered a sharp earnings surprise in the second quarter of 2026, as management’s comprehensive review of European portfolios pushed estimated remaining collections (ERC) to a record level and turned modest cash-collection growth into a 29% ...

By David N. Anthony, Stefanie Jackman & Ethan G. Ostroff on August 12, 2026 POSTED IN ALL ENTRIES, CREDIT REPORTING + DATA BROKERS, DEBT BUYERS + COLLECTORS, FDCPA, FEATURED POSTS, REGULATORY ENFORCEMENT + COMPLIANCE, STATE ATTORNEYS GENERAL As we previously ...

ACA International has launched a new Industry Reputation Management Task Force aimed at reshaping how policymakers, the media, and consumers perceive the accounts receivable management (ARM) industry, developing practical tools to counter misinformation and highlight positive contributions. ACA Launches Reputation ...

What Is A Late Rent Notice And How To Write One A late rent payment will not automatically tank a consumer’s credit score—but it can cause meaningful damage when the delinquency is reported to a credit bureau or transferred to ...

New Jersey federal court finds policy exclusion bars Yellowstone Capital’s bid to shift costs of landmark attorney general enforcement action to its D&O insurer. A federal judge in New Jersey has ruled that Argonaut Insurance Co. does not have to ...