Credit Grantors News

Collections & Recovery

A credit grantor is any individual or business that extends credit to customers. The credit can be for other businesses or consumers and can come in many forms, such as closed-end loans (like auto loans, mortgages, and student loans), revolving loans (like credit cards or certain home equity loans), or a hybrid of the two. Some credit is backed by property or assets. In the U.S., the primary credit grantors are large commercial banks and credit unions. But credit is also extended by small businesses, governments, and other organizations.

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Are Significant Changes To Class Actions On The Horizon? (Part Two)

29 June 2017

3 Overlooked Traps for First Party/Early Out Servicers (podcast)

27 June 2017

What You Should Know About "Standing" Since Spokeo

19 June 2017

Treasury Department Issues Long Awaited Report on Regulatory Reform for the Financial Services Industry

14 June 2017

Sold-Out Third Annual insideARM First Party Summit Concludes

12 June 2017

Why the CFPB’s Decision to Change Course on Debt Collection Rulemaking is a Very Big Deal

12 June 2017

Judge Orders Bankruptcy Court to Consider Evidence of Trustee and Special Counsel Activity when Considering Request for Sanctions

12 June 2017

TransUnion Finds Struggling Consumers Pay Off Unsecured Personal Loans First

17 May 2017

Major Banks Make Recommendations to Treasury That Could Impact Debt Collectors

4 May 2017

Survey Says?! What First Party Collectors are Saying

17 April 2017

Lenders' Trade Group Meets With Administration, Submits Proposal to Significantly Reform CFPB

3 April 2017

Big Changes on Horizon for Credit Reporting of Public Records Data

3 April 2017

Out of Stat Debt Case Offers Three Lessons to Collectors

27 March 2017

Student Loan Guarantor Agency Not Liable for Collector’s Alleged TCPA Violations

14 March 2017

Online Lender Wins Motion to Compel Arbitration and Avoids Nationwide Consumer Class Action

8 March 2017

Petitioners Seek Prior Express Written Consent for All Autodialed Calls to Cell Phones Under the TCPA

21 February 2017

New Audit Shows Where CFPB Civil Penalty Funds Are Going

22 December 2016

Convoke Releases Expanded Debt Validation Features

21 December 2016

FCC Denies MBA’s Petition to Exempt ‘Servicing Calls’ from TCPA

7 December 2016

CFPB Issues Compliance Bulletin on Production Incentives

30 November 2016