Average student loan debt jumped more than 10% between 2011 and 2012, according to data from the nonprofit advocacy group Institute for College Access and Success (TICAS). more »
An online survey revealed that one in 10 people who are married or living together classified their spouse or live-in partner as a "financial bully." more »
The Consumer Financial Protection Bureau finalized a rule Tuesday that allows it to supervise the largest nonbank student loan servicers in the country. more »
The Office of the Comptroller of the Currency hasn't moved as quickly as it could to address risks posed by large national banks, according to an external review released Thursday.
I.C. System, a St. Paul, Minn.-based accounts receivable management firm, has launched a chiropractor debt collection Web site called ChiroCollect.
African Americans encounter unique financial strain and are harmed more than other groups from their credit card debt, according to a report from Demos and the NAACP.
The unemployment rate fell to 7.0% in November - the lowest mark since November 2008, as more people said they got jobs and joined the labor force. The U.S. economy added a total of 203,000 jobs in the month.
Here are the prepared remarks from Consumer Financial Protection Bureau Director Richard Cordray to the Consumer Federation of America's recent 2013 Financial Services Conference.
New York regulators sent subpoenas to 16 online lead generation firms suspected of deceptively marketing illegal payday loans in the state.
Equifax Inc. released a statement after delivering a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, outlining a free-market exchange alternative to the Credit Access and Inclusion Act.
Arrow Global, a Manchester, UK-based buyer of delinquent debt from credit card companies and banks, posted a healthy increase in collections and earnings in the first nine months of 2013.