The Dallas Women's Foundation has awarded $ 3.1 million in grants to 98 nonprofits, including Consumer Credit Counseling Services of Greater Dallas, which received $ 120,000 a year for three years. Collections - Other Consumer
The Consumer Financial Protection Bureau has started fielding complaints about nonbank products such as debt settlement, credit repair and pawn and title loans. Collections - Credit Card
After two years of slimming down, Capital One Financial (COF) is finally seeing growth in its U.S. credit card loan portfolio. Collections - Credit Card
The arrest of a Russian man who is accused of hacking into U.S. retailers' computer systems to steal credit card data has sparked claims from Russian authorities Tuesday that the U.S. violated a bilateral treaty. Collections - Credit Card
Federal and state regulators are putting more pressure on banks to take immediate actions to address looming defaults of home equity lines of credit. News
The total number of new bank-issued credit cards in Q1 is 11.3 million, a six-year high and an increase of 17.2% from the year-ago period, according to the latest Equifax National Consumer Credit Trends Report. Collections - Credit Card
Dollar collections dropped and the amount of credit extended also slipped. Accounts placed for collection fell as well, a sign more creditors are falling too far behind to ignore, sparking more collection activity. Collections - Other Consumer
A payment processing company has settled charges that it helped facilitate a credit card interest rate reduction scam that bilked tens of thousands of consumers out of nearly $ 10 million. Collections - Credit Card
U.S. consumers are becoming less wary of the credit card than they were in the wake of the Great Recession. Collections - Credit Card
The number of U.K. credit cards with balances that are over-limit reached its lowest point in more than two years, according to data from Fair Isaac Corp. (FICO). Collections - Credit Card