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 ...

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 ...

"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 ...

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 ...

Portfolio Recovery Associates, a Norfolk, Va.-based debt buyer, reported across-the-board gains in third quarter cash collections, earnings and revenues. Cash collections increased 33% to a record ...

Today, the Consumer Financial Protection Bureau (CFPB) took action against one of the largest debt collectors, Portfolio Recovery Associates, and filed a proposed court order against the company on ...

Portfolio Recovery Associates LLC (Portfolio Recovery) agreed to pay $18 million to end multi-district litigation against the debt collection company for its alleged violations of the Telephone ...

Portfolio Recovery Associates, one of the country's largest debt collectors, used deliberate ambiguity in a collection letter to try to get an Illinois consumer to pay on legally unenforceable debt, a ...

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of ...