Headline News - Credit and Collection News

March 18, 2026

California Court Rejects DFPI’s “True Lender” Allegations In Fintech-Bank Partnership Dispute

On February 24, a California state court issued a preliminary decision granting summary judgement to a financial technology platform in litigation brought by the California Department of Financial Protection and Innovation (DFPI), which alleged violations of the California Financing Law ...

HEARINGS NOTICE: House Financial Services Committee Schedule for March 2025 | U.S. House ...

March 16, 2026

House Financial Services Committee Discussion Draft to Amend GLBA and Preempt State Regimes

A key House Republican on House Financial Services (McHenry in the 118th; now Hill/Barr in 119th) has been using a GLBA “modernization” discussion draft as the vehicle to test support for turning GLBA into a fully preemptive federal financial-privacy regime ...

March 19, 2026

Consumer Debt Collection Cases Spike 60% In Two Years In Mass. Courts

The number of consumer debt cases filed in state courts jumped to 146,000 in 2025, a more than 60% increase from two years ago, according to new data released by the Massachusetts Trial Court. The data, released in a new ...

March 15, 2026

Judge Rules Trump Administration Unlawfully Refused To Request CFPB Funding

A federal judge has held that the Trump administration acted unlawfully when it claimed last year that it could not request more funding for the CFPB and declined to do so. What the judge decided U.S. District Judge Edward Davila ...

March 19, 2026

FTC Reverts to “Old” HSR Form After Fifth Circuit Denial of FTC Stay Motion

The Fifth Circuit’s denial of the FTC’s stay motion means the 2025 “expanded” HSR form and related rules are vacated, and the pre‑February 2025 HSR form and instructions are once again the operative requirements for reportable transactions. What just happened ...

March 19, 2026

LVNV Funding Files Thousands Of Small Debt Lawsuits In St. Louis

In St. Louis associate courts, a national debt buyer is turning tiny IOUs into a very big problem. LVNV Funding has filed thousands of lawsuits over small, often years-old balances, many under $1,000, and residents who show up without a ...

March 18, 2026

FCC Call Center Proposal Could Accelerate AI In Customer Service

Survey Shows 83% of Consumers Prefer Speaking With a Human Over AI PORTLAND, Ore., March 18, 2026 /PRNewswire/ -- The Federal Communications Commission (FCC) is considering new rules requiring customer service agents to be based in the United States, with ...

March 18, 2026

FTC Targets Hidden Rental Fees As Renters Demand Transparency

Renters nationwide are raising concerns about hidden fees, prompting the Federal Trade Commission to investigate rental housing costs. CHARLOTTE, N.C. — Renters across the country are raising concerns about hidden fees in rental housing, and now the Federal Trade Commission ...

March 16, 2026

85% of banks’ corporate clients plan to engage with a non-bank financial institution within the next year

That line is from Capgemini’s new World Corporate and Investment Banking Report 2026: it’s a survey finding that 85% of large corporate clients expect to use at least one non‑bank financial institution (private credit, fintechs, etc.) in the next 12 ...

March 15, 2026

New York City Finalizes SHIELD Debt Collection Rule

The New York City Department of Consumer and Worker Protection has announced a final rule adopting the Stopping Harassment and Intimidation and Ensuring Lawful Debt (SHIELD) Collection Rule, which significantly expands the city's debt collection regulations beyond the federal Fair ...