Credit and Collection News

May 11, 2026

Netflix Sued by Texas Attorney General

Texas Attorney General Ken Paxton has filed a lawsuit against Netflix accusing the company of illegally tracking users (including children), designing its service to be “addictive,” and misleading consumers about data collection and advertising practices. What the lawsuit alleges Netflix ...

May 7, 2026

AI, Cybersecurity and UPI Take Centre Stage at World Fintech Summit 2026

AI, cybersecurity, and India’s UPI stack are being framed as the core pillars of “Fintech 3.0” at the 2nd World Fintech Summit 2026 in Bengaluru, with regulators, banks, and fintechs positioning them as the foundation for real‑time, inclusive, and secure ...

May 6, 2026

Senate Democrats Press Experian, Equifax And TransUnion On BNPL Reporting Practices

Mounting use of buy now, pay later loans is drawing new scrutiny over how the debt may affect consumer credit files in the U.S. Four Democratic senators are asking Experian, Equifax and TransUnion to explain how they incorporate BNPL data, ...

May 11, 2026

Gov. DeWine names interim attorney general

OHIO — Gov. Mike DeWine, R-Ohio, on Monday appointed Andy Wilson as the interim Ohio attorney general following the resignation of current Ohio Attorney General Dave Yost. Wilson is a graduate of Wright State University, University of Dayton school of ...

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 11, 2026

Barksdale Federal Credit Union Selects Scienaptic AI to Strengthen Fraud and Anomaly Detection

NEW YORK, May 11, 2026--(BUSINESS WIRE)--Scienaptic AI, a leading provider of AI-powered credit decisioning, announced today that Barksdale Federal Credit Union has selected its platform to enhance origination fraud and anomaly detection to tackle the challenges of identity theft and ...

May 7, 2026

PRA Group Reports First Quarter 2026 Results

Strong Start to the Year with 11% Cash Collections Growth and Net Income of $28 Million Continued Momentum in U.S. Business with Strong Results in Europe On Track with PRA 3.0 Strategy to Drive Enhanced Results NORFOLK, Va., May 7, ...

May 7, 2026

US State Department Targets Child Support Delinquency With Passport Revocation

The State Department is moving from mostly denying new passports to proactively revoking existing passports for parents who are seriously delinquent on child support, starting with those owing at least six figures and then broadening to everyone over the long‑standing ...

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 ...

All three credit bureaus now offer credit reports in Spanish! | Credit Builders Alliance

May 11, 2026

Court Holds CRAs Not Required To Monitor Bankruptcy Dockets

A recent federal appellate decision held that consumer reporting agencies are not legally required under the FCRA to continuously monitor bankruptcy court dockets for filings affecting tradelines, so long as they reasonably rely on data from their furnishers and investigate ...