View full post on Regulation Minnesota Attorney General Lori Swanson’s office on Thursday sued a collection agency that works with two hospitals in the state, saying it did not keep health care records for tens of thousands of patients confidential.
View full post on Collections – Credit Card Releases of allowances for bad credit card loans continued to plump banks’ bottom lines in recent earnings reports, but loss rates look set to bounce off record lows in the first quarter.
View full post on Regulation A California man pleaded guilty to federal charges of money laundering, mail and wire fraud in connection with a collection agency scam he ran in the state that bilked $2.7 million from customers of clients.
View full post on Collections – Credit Card Target Corp., which has tried for years to sell its credit card assets, is giving up for now, and it is spending more than $2.8 billion to divorce itself from JPMorgan Chase & Co.
View full post on Credit and Personal Finance Blog | Credit Karma What Is SOPA, and How Will It Affect You? “You may have heard a lot of talk lately about SOPA (which stands for the Stop Online Piracy Act). It started out as whispers between people on the Internet, now it’s getting major pushback [...]
View full post on Regulation West Virginia officials reached a $13.5 million settlement with Capital One, which allegedly used misleading advertising to attract customers before saddling them with debts.
View full post on Collections – Credit Card A year-to-year comparison of credit card debt shows that consumers in all 50 states reduced their outstanding balances last year, with averages falling 11% to $6,576 in December.
View full post on Credit and Personal Finance Blog | Credit Karma Reusing paper towels?! Hmmmm . “Learning how to do more with less, and how to get by with less, is a great skill to learn. What happens most of the time with doing more with less, though, is that it takes precious time [...]
View full post on Collections – Credit Card Narrower loan spreads and lower average loan balances, partially reversed by lower revenue reversals associated with a reduction in net charge-offs, helped drive fourth-quarter reductions in both net revenue and net income for the Card Services & Auto unit of JPMorgan Chase & Co., the issuer announced [...]
View full post on Credit and Personal Finance Blog | Credit Karma You don’t have to make a New Year’s resolution to get on the right track to good credit health. Any time is a good time to start focusing on your credit. We asked our Facebook community to answer the following question: What are [...]
