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Washington DC: ACA International has issued the following press release: New York will lower its interest rate on money judgments in actions involving consumer debt for the first time since [...]

Byline: Ayesha de Kretser Jan 04, 2022 (The Australian Financial Review - ABIX via COMTEX) -- Australian Prudential Regulation Authority data released on 4 January reveal that lending for mortgages [...]

Highlights The Consumer Financial Protection Bureau (the Bureau) has issued final regulations to address concerns and reduce uncertainty regarding the impact on consumer credit products of the anticipated discontinuation of [...]

The parliamentarian introduced a bill on amendments to the law On consumer credit. Deputy Chairman of the Federation Council Nikolai Zhuravlev introduced a draft law On Amendments to the Federal [...]

On December 16, the CFPB issued a series of orders to five companies offering 'buy now, pay later' (BNPL) credit. The orders seek to collect information on the risks and [...]

Beginning January 1, 2022, pursuant to California's new Debt Collection Licensing Act (DCLA), all consumer debt collectors who are collecting on their own account or the account of others, including [...]

The Portuguese Parliament has recently amended Law 46/2006, of 28 August, as well as the Legal Regime of the Insurance Contract, with the aim of establishing the right to be [...]

Contract notice: information system for test set management - is spot The subject of the public contract is the creation of an information system for the administration of exam sets [...]

Many finance companies, debt buyers, debt collectors, and collection law firms wrestle with the question of which statute of limitations to apply when collecting a deficiency balance on a retail [...]

CBR sees overheating in consumer lending market, expecting adoption of law on quantitative limitations MOSCOW. Nov 15 (Interfax) - Consumer lending is growing at a high rate, and the Central [...]

Washington DC: ACA International has issued the following press release: New York Gov. Kathy Hochul has signed legislation to reduce the statute of limitations to three years. The bill, part [...]

The Fair Debt Collection Practices Act (FDCPA) is a dense federal statute that governs debt collection. If you have read some of my previous articles on the topic, you will [...]

In some cases, merchants first provide a person with the opportunity to pay for goods or services in installments, and then transfer the rights to claim debt to professional creditors. [...]

Virginia: National Association of Federally-Insured Credit Unions has issued the following press release: The CFPB Monday issued a final rule revising dollar amounts for certain regulations falling under Regulation Z [...]

Her Majesty's Treasury ('HMT') has this week published a consultation paper ('CP') on the regulation of currently unregulated Buy Now Pay Later products ('BNPL'). In this Insight, Sushil Kuner, Principal [...]

The EU's Digital Services Act, which aims to provide better protection for consumers and their rights on the Internet as well as regulations for online platforms, as well as a [...]

As we near the end of 2021, a number of long anticipated amendments to the Credit Contracts and Consumer Finance Act 2003 (CCCFA) are coming into force. The purpose of [...]

Digitization has also changed the credit system significantly since the beginning of the millennium. This is what the second Commission draft discussed todaywas received, which aims to bring the 2008 [...]

(PRWeb) - Jacksonville-based technology provider specializing in loan originations, LAUNCHER.SOLUTIONS (Launcher), announces the integration of their appTRAKER Loan Origination System with CarletonCalcs from Carleton, Inc. CarletonCalcs is a suite of [...]

Washington DC: ACA International has issued the following press release: The California Department of Financial Protection and Innovation (DFPI) filed a desist and refrain order and assessed civil penalties against [...]

Wyoming and Maine recently amended their laws related to licensure requirements for consumer lending: In July, Wyoming adopted House Bill 0008 (HB 0008), which amends provisions of the Wyoming Uniform [...]

The National Bank of Ukraine proposes to discuss with the market new requirements for credit intermediaries of non-banking financial institutions and for their activities in the field of consumer lending. [...]

According to new rules, banks will be using biometric authentication methods to fulfil ID authentication requirements for web-based loan applications. The Financial Supervisory Commission (FSC) in Taiwan is reportedly seeking [...]

DETROIT, Mich -- The following information was released by the United Auto Workers (UAW): U.S. Rep. Dan Kildee (D-Flint) is leading the charge in the U.S. House to make sure [...]

Maine's Governor, Janet Mills, recently signed S.P. 205/L.D. 522, which amended the Consumer Credit Code to protect consumers from predatory and fraudulent lending practices. In particular, the amendments include an [...]