Headline News - Credit and Collection News

January 16, 2026

Did TransUnion’s AI-Powered Win-Back Results Just Shift Its Data Monetization Narrative?

Earlier this month, TransUnion and Actable reported that integrating TransUnion’s TruAudience Marketing Solutions data into Actable’s AI models improved marketing prediction accuracy and cut false positives for a major retailer’s customer win-back campaign. The collaboration highlights how TransUnion’s extensive identity ...

January 19, 2026

The Connection Between Medical Debt And Housing Instability

A study examines the link between health care debt and the risk of losing one’s home, though the data leaves room for nuance regarding cause and effect. The relationship between medical debt and financial insolvency has long been a focal ...

January 19, 2026

Huizar v. TransUnion LLC: Court Says Reinvestigation Reasonableness Belongs to the Jury

Huizar v. TransUnion LLC is a December 17, 2025 Northern District of Indiana decision holding that whether TransUnion’s reinvestigation of the plaintiff’s credit dispute was “reasonable” under the FCRA presents factual issues that must be decided by a jury, not ...

January 18, 2026

Trump Administration Continues Biden-Era Student Debt Cancellation With Latest Pause On Collections

Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towards a defaulted borrower’s outstanding federal student loan debt. This pause ...

January 15, 2026

Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Amazon filed an objection to Saks Global's bankruptcy financing plan on the grounds it could harm creditors and push the tech company further down the repayment pecking order. The tech company invested $475 million into Saks' acquisition of Neiman Marcus, ...

January 22, 2026

How Bank of America’s Erica does the work of 11,000 people

Bank of America's virtual assistant, Erica, is doing the work of 11,000 people, company leaders said during a recent investor day. Processing Content "We've been at the game with Erica for seven years, now with 20 million regular users and ...

January 15, 2026

CFPB Funding Saga Continues With Vought’s Fed Funding Request

The CFPB funding saga continues. Russell Vought, the Consumer Financial Protection Bureau’s acting director, has asked the Federal Reserve for $145 million to fund the agency from January through March. The request is a stark course-reversal in a closely watched legal ...

Apple Pay, always ready to hand for payment

January 21, 2026

Mastercard, Visa in talks for Apple Pay debut in India

Apple is in early-stage talks with Mastercard and Visa to finally bring Apple Pay to India, with an initial launch targeted around late 2026, subject to regulatory and commercial approvals. The first phase is expected to focus on card-based contactless ...

January 21, 2026

Why Credit Card Users At Walmart And Target Could Start Paying More

Credit card users at Walmart, Target, and other big retailers could start paying more because a proposed legal settlement would let stores add or increase surcharges on certain Visa and Mastercard credit cards, and even refuse higher‑cost card types altogether ...

January 19, 2026

Beloved coffee chain files for bankruptcy

A much-beloved East Coast coffee chain has announced that it will file for bankruptcy, citing ongoing post-coronavirus pandemic issues, according to a report from QSR Magazine. Compass Coffee, a 25-store chain in the Washington D.C., Maryland and Virginia area, filed ...