George Cooley says the debt collectors have been after him for years, despite the fact that he lives on Social Security disability and just $1,300 a month. Cooley, 66, has been making debt payments of ...

Debt buyer Portfolio Recovery Associates (PRA) Inc. announced Wednesday it has agreed to acquire Aktiv Kapital AS, an Oslo Norway-based accounts receivable management company in one of the largest ...

A debt collection agency has been ordered to pay $83 million to a Missouri woman after a jury decided that the agency 'maliciously prosecuted' her to collect a debt she did not owe. Maria Guadalupe ...

We’ve all heard horror stories about predatory lenders. How about predatory collection agencies? Just ask Thomas Rizzo or Gloria Morrissette, or the countless others who fell for the deliberately ...

A Jackson County jury has ordered a debt collection agency to cough up nearly $83 million to a woman it mistakenly pursued to collect a credit card debt of little more than $1,000. The jury found that ...

PHOENIX — Anne Munoz thought something was wrong the moment she was served a lawsuit. “When you come after me wrongfully, I'm going to make as much noise as possible, and that's what I've done,” Munoz ...

"CFPB orders are not suggestions, and companies cannot ignore them simply because they are large or dominant in the market," CFPB Director Rohit Chopra said after announcing a $24 million settlement ...

One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 News, even as it was issued millions of dollars in penalties for consumer ...

When a company racks up more than 20,000 complaints at the Consumer Financial Protection Bureau (CFPB) over a five-year period, you can imagine all sorts of alarms go off. This week the Bureau got ...

Maria Guadalupe Mejia Alcantara hopes that as a result of damages assessed against a debt collection firm as part of a counterclaim filed on her behalf, other families won’t have to suffer what she ...