By Credit and Collection News Staff Equifax has agreed to a proposed $100 million nationwide class-action settlement over allegations that a 2022 coding error caused inaccurate credit scores and related credit attributes to be furnished to third parties. The deal, ...

The IRS is moving further away from its pandemic-era collection slowdown, with federal tax lien filings, delinquent-account activity, and digital collection infrastructure all pointing toward a more active enforcement environment. The trend creates both heightened exposure for delinquent taxpayers and ...

A cellphone can qualify as a “residential telephone subscriber” for Telephone Consumer Protection Act purposes when it is used for personal or household purposes, according to a recent ruling in Bennett v. Allstate Insurance Company. The decision reinforces that wireless ...

Credit Union Donates $3,000 to Army Fisher House FORT BRAGG — Fort Bragg Federal Credit Union has donated $3,000 to the Army Fisher House at Fort Bragg, bringing its total contributions to the organization to $12,000 over the past four ...

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 ...

By Credit and Collection News Staff A coalition of financial regulators from 47 states and the District of Columbia has reached a $15.5 million settlement with mortgage servicer NewRez LLC over improper force-placed insurance charges assessed to borrowers who already ...

The CFPB’s effort to rewrite its open-banking framework is likely to produce another legal fight—not end the existing one. The central question will be whether a revised rule can honor consumers’ statutory right to direct the sharing of financial data ...

LAKE CHARLES, La. (KPLC) - Back-to-school season is in full swing, and local businesses are stepping up to help families in the community. Southwest Louisiana Credit Union held its fifth annual Back to School Resources Fair on Saturday, bringing together ...

Amazon has agreed to pay a $2.25 million civil penalty and overhaul how it handles requests from identity theft victims, following a federal complaint accusing the Seattle-based retail giant of stonewalling customers trying to clear fraudulent charges from their names ...