MasterCard Inc. and Target Corp. are in talks about a settlement in which the retailer would pay banks about $ 20 million for costs they incurred in its 2013 data breach, a person familiar with the matter said. Collection & Credit Risk
The National Foundation for Credit Counseling has received a grant award totaling $ 2.3 million from NeighborWorks America to support foreclosure prevention efforts through its Member Agencies. Collection & Credit Risk
More than 50 million consumers now have free and regular access to their credit scores through their monthly credit card statements or online, the Consumer Financial Protection Bureau reported Thursday. Collection & Credit Risk
Today we, along with the Attorneys General of Virginia and North Carolina, announced an enforcement action against a chain of stores doing business outside military bases across the United States. Under the terms of a proposed consent order, Freedom Stores, Inc., Freedom Acceptance Corporation, and Military Credit Services LLC, as well as their owners and [...]
U.S. Bancorp, the nation's largest regional lender, agreed to pay $ 200 million to resolve federal claims that it misrepresented the quality of government-backed mortgages the company originated. Collections - Other Consumer
After alerting its customers in January that its arts and crafts store chain had suffered a potential data breach, Michaels Stores Inc. confirmed last week that at least 2.6 million cards may have been affected. Collections - Credit Card
