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 ...

"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 proposed class-action lawsuit filed Wednesday accusing debt-buying giant Portfolio Recovery Associates of abusing U.S. courts by filing collection lawsuits against tens of thousands of consumers ...

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 ...

Jibril Greene of Seyfarth Shaw and Winnie N. Kibe and Whitney L. White of Sessions, Israel & Shartle have entered appearances for Equifax and Jefferson Capital Systems, respectively, in a pending ...

Portfolio Recovery Associates Inc., the nation’s largest publicly traded purchaser of defaulted consumer debt, has completed its purchase of Norwegian company Aktiv Kapital AS, it said Wednesday.

The following are new complaints and foreclosures received between May 28 and June 3. For more, go to StatesmanJournal.com/Records. Dina M. Perry vs. State of Oregon ...

The Consumer Financial Protection Bureau sued debt collector Portfolio Recovery Associates Thursday in Virginia Eastern District Court for claims under the Consumer Financial Protection Act and the ...

The price target increase follows Portfolio Recovery Associates’ recent earnings report, which showed GAAP earnings per share of $1.08, significantly above analyst expectations of $0.41 to $0.44.

CHARLOTTE, N.C. — Faced with the same foe, others might have folded, but Shari Spector fought one of the country's largest debt collectors and won a more than $5,000 settlement. Nearly 20,000 others ...