China is shifting from being an active new lender to acting much more like a debt collector abroad, especially in Africa, while also tightening up bad-loan cleanup at home. What “ramps up debt collection” refers to China has sharply pulled ...

The city ranked 1st for having the most people in financial distress is Chicago, Illinois. The ranking comes from WalletHub’s recent “Cities with the Most People in Financial Distress” analysis, which various outlets report as identifying Chicago as number one ...

The Federal Trade Commission has formally reopened rulemaking around negative option marketing, seeking public comment on whether and how it should amend its current Negative Option Rule to address recurring-payment offers, consent, and cancellation obstacles. In the new Advance Notice ...

A federal judge has held that texts from a real estate marketing company offering to buy a homeowner’s property can plausibly qualify as “telephone solicitations” under the TCPA, allowing the plaintiff’s claim to proceed. What the judge said The case ...

A February forecast from TransUnion, one of the three major credit reporting agencies, anticipates that unsecured personal loans will be the primary driver of new borrowing this year. A personal loan can lower interest rates and give borrowers a clear ...

The article is based on a new study by the organisation Transparency International Georgia (TI). _______________________________ In recent years, information about fraudulent call centres operating in Georgia has periodically appeared in investigations by both local and international media. Millions of ...

The FTC is publicly signaling that it plans to ramp up enforcement of the Fair Credit Reporting Act (FCRA) and federal financial privacy laws, and businesses handling consumer financial data should expect more investigations and cases in the near term ...

TransUnion just announced that it is cutting the price it charges lenders for VantageScore 4.0 mortgage origination scores to 99 cents per score. What exactly changed? New price: 0.99 dollars per VantageScore 4.0 score used in mortgage originations. Previous pricing: ...

On March 6, 2026, the Administration released “President Trump’s Cyber Strategy for America” alongside an Executive Order (entitled “Combating Cybercrime, Fraud, and Predatory Schemes Against American Citizens”) and accompanying Fact Sheet.  The framework set forth in the Strategy document is ...