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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FTC Perpetuates Real Authentication Challenge for Collectors

25 October 2017

18 Million More Reasons Debt Collectors Need to be Engaged in the Illegal Robocall Solution

23 October 2017

Could CFPB’s Data Sharing Principles Make Debt Collection Better Too?

19 October 2017

Another 1099(c) Disclosure Case Moves Forward in New Jersey

17 October 2017

CFPB Takes Action Against "Document Preparation" Company as Debt Industry Struggles to Deal With Influx of Mass Validation Requests

16 October 2017

No Real Surprises in CFPB's Final Rule for the Small Dollar Loan Industry

6 October 2017

This First-Party Thing is Heating Up

20 September 2017

CFPB Report Highlights Debt Collection Issues; Collectors AND Creditors Should Take Note

13 September 2017

TCPA Student Loan Calls Case Dismissed – Court Determines TCPA Exception Applied

23 August 2017

Senator Calls on Bank CEOs to Go on Record

16 August 2017

Latest CFPB Consumer Survey Proposal Receives Mixed Review; One Industry Separates Itself from Another

7 August 2017

How New Credit Reporting Guidelines May Impact Consumers…and Lenders

19 July 2017

CFPB Bans Mandatory Arbitration in Financial Services Contracts

11 July 2017

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