Credit and Collection News

May 7, 2026

Experian stock slips as senators scrutinize buy now, pay later data

Highlights Experian's integration of its real-time income and employment verification service with Launcher Solutions' appTRAKER platform enhances its position in digital lending infrastructure. Regulatory concerns over Experian's reporting of buy now, pay later loan data have emerged as Democratic senators ...

May 7, 2026

Zillow, Redfin fail to end FTC lawsuit claiming they suppressed rental competition

A federal judge has refused to throw out the FTC and state AGs’ antitrust case against Zillow and Redfin over their $100 million rentals partnership, so the lawsuit will proceed toward discovery and trial rather than ending at the motion‑to‑dismiss ...

May 10, 2026

NYS Regulator Demands Documents On Utilities’ Debt-Collection Practices

The state’s top utility regulator demanded an expansive list of documents about the debt-collection practices of 11 top utilities across New York in launching a probe that follows revelations in Newsday about PSEG Long Island’ s efforts to get tardy customers ...

May 6, 2026

22% BNPL Growth Gives Credit Unions a Member Loyalty Opening

Buy now, pay later may have started as a checkout convenience, but for credit union members it is becoming a cash flow tool that could use a better home. That is the central opportunity outlined in the March 2026 Credit Union ...

May 7, 2026

Ohio Attorney General Dave Yost to resign from office in surprise move

Ohio Attorney General Dave Yost is expected to announce May 7 that he is resigning from office, a move that could shake up statewide leadership months before the November election, according to two sources. The surprise announcement means Gov. Mike ...

May 6, 2026

Encore Capital boosts Q1 profit and raises 2026 outlook

ENCORE CAPITAL GROUP, INC. Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities ...

May 6, 2026

Global Debt Hits $353 Trillion as Investors Shift from US Treasuries

Global debt hits record of near $353 trillion, with signs of move away from US Global Debt Trends and Shifting Investment Patterns By Karin Strohecker LONDON, May 6 (Reuters) - Investors are showing signs of diversifying away from U.S. Treasuries ...

May 9, 2026

Debt collectors and court orders – restaurant suppliers play hardball

SINGAPORE – Sending debt collectors to a restaurant to get it to pay up used to be the last resort for Mr Bryan Lian, who runs Shiki, a company that supplies about 150 restaurants with ingredients. The 36-year-old says: “It’s ...

May 5, 2026

FCC Is Taking More Steps To End Robocalls

The FCC is implementing stricter KYC rules for telecom service providers. Carriers may be penalized based on the number of spam calls originating from their networks. It is also cracking down on foreign manufacturers utilizing loopholes to sell equipment in ...

May 10, 2026

Tax Delinquency Increasing Among Federal, Retired Employees, IRS Watchdog Reveals

Tax noncompliance among federal employees and retirees has increased over recent years, partly due to the suspension of certain collection programs during the COVID-19 pandemic, according to a May 6 report from the Treasury Inspector General for Tax Administration (TIGTA) ...