Car sensor supplier Luminar Technologies appointed an executive to lead a debt workout after missing several interest payments, in the latest sign of trouble in the auto supplier industry.

Telecommunications business Optimum, formerly Altice USA, alleges that lenders colluded to restrict access to credit markets ...

Manufacturer strengthens its credit and collection function with the surety of credit protection ...

New information from the Federal Trade Commission (FTC) on debt collection calls shows they are spiking. Almost 280,000 people nationally have complained in the last year about them, and at least 41% ...

The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

You pick up the phone and hear a stern voice claiming you owe money. Maybe it's for a credit card you don't recognize, a loan you never took out or some old bill you thought was long gone. Panic sets ...

Medical debt is a fact of life for millions of Americans, and the numbers are staggering. Roughly 20 million adults owe at least $250, while the total medical debt owed nationwide exceeds $220 billion ...

The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But many borrowers don’t respond to the suits and lose by default. By Ann Carrns ...

DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...

KSHB 41 reporter Elyse Schoenig covers the cities of Shawnee and Mission. She also focuses on issues surrounding the cost of health care, saving for retirement and personal debt. Share your story idea ...