Headline News - Credit and Collection News

March 31, 2026

The FTC Launches a Dedicated Healthcare Task Force

On March 20, 2026, the Federal Trade Commission (FTC) announced it was launching a Healthcare Task Force that will “engage in a coordinated, integrated approach to healthcare enforcement and advocacy to protect American patients, healthcare workers, and taxpayers.”[i] This directive aligns with ...

March 29, 2026

FTC targets ads for unavailable vehicles

The FTC has warned 97 auto dealership groups that advertising vehicles that are not actually available (or not available at the advertised terms) is a deceptive “bait‑and‑switch” practice that can violate Section 5 of the FTC Act and the CARS ...

March 26, 2026

Feds Cut Checks For 443,000 Duped In Michigan Credit Repair Pyramid Scheme

The Federal Trade Commission is finally sending money back to hundreds of thousands of people who got tangled in a Michigan-based credit repair operation that regulators say was really a pyramid scheme. Nearly $11 million in refund checks are going ...

March 28, 2026

Costco says your next checkout could take under 10 seconds thanks to new automated pay stations

The 'Barron's Roundtable' panel discuss big-box retailers beating competition on value, their innovation and revenue models. Your Costco run is about to get a lot faster. The warehouse giant is reportedly overhauling its checkout process, piloting new automated stations that ...

March 25, 2026

Record Number Of Student Loan Borrowers Are In Delinquency And Default

Federal student loan distress has surged to record levels, with about a quarter of all federal borrowers now in serious delinquency or default. Key numbers Roughly 7.7 million federal student loan borrowers are in default on about 181 billion in ...

March 26, 2026

California Court Holds State’s Fair Debt Buying Practices Act Confers Standing Without Proof of Actual Harm

tashatuvango / AdobeStock On March 13, the California Court of Appeal for the Sixth Appellate District reversed a lower court’s dismissal of a consumer class action, finding that the trial court erred in granting judgment on the pleadings in favor of the ...

March 26, 2026

What falling FICO scores mean for the mortgage industry

“The data tells a different story: A higher percentage of Gen Zers open new bankcards than any other age group, which in reality positions them as the most active cohort in traditional credit card adoption.” Consumers get more intentional about ...

April 1, 2026

Experian extends share buyback program through May

Experian has extended its ongoing share buyback, putting a new irrevocable mandate in place to keep repurchasing shares up to 19 May 2026, the day before its preliminary results. Key details Period: Experian has entered an irrevocable, non‑discretionary arrangement with ...

March 30, 2026

PRA Group, StepChange Bring Industry Leaders Together to Tackle Financial Inclusion Challenges

A policy roundtable at the UK Parliament highlighted challenges facing consumers in debt and the need for more accessible, affordable credit options For the second consecutive year, PRA Group, an ACA International member company specializing in acquiring and collecting nonperforming ...

March 26, 2026

FCC advances effort to bring telecom call centers back to the US

The FCC has advanced a proposal that would strongly discourage telecom providers from using overseas call centers and push them to offer U.S.-based agents, while tightening rules on foreign centers that remain in use. What the FCC is doing The ...

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