Credit Grantors News

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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Citizens Bank to Pay Over $4.5 Million to Settle TCPA Suit

6 July 2016

CFPB Issues Supervisory Highlights Report, Includes Warnings for Creditors, Debt Buyers, Collection Agencies, and Law Firms

5 July 2016

Court Determines Consumer Did Not Prove Revocation of Consent in TCPA Case

5 July 2016

[Image by creator iQoncept from AdobeStock]

Wells Fargo Will Pay $16.3 Million to End TCPA Suit

30 June 2016

Supreme Court Denies Certiorari Petition in Madden v. Midland Funding, LLC Case

27 June 2016

JP Morgan Chase to Pay $3.75 Million to Settle TCPA Suit on Calls to Reassigned Phone Numbers

27 June 2016

Mammoth CFPB Payday Rule Would Dramatically Change the Lending Marketplace

2 June 2016

CFPB Issues Proposed Rule to End Payday Lending “Debt Traps”

2 June 2016

Wells Fargo Exec Singled Out by CFPB Says He Accepted Settlement Because He Couldn't Afford to Fight the Agency

31 May 2016

Eleventh Circuit Court of Appeals Determines that a “Debt Collector” filing a Bankruptcy Court Proof of Claim on a Time-Barred Account is an FDCPA Violation

25 May 2016

Maryland Debt Collection Litigation Bill Signed Into Law

24 May 2016

Consent Order Compliance: Navigating The CFPB’s Unofficial “Rules” Governing Debt Collection

19 May 2016

How Spokeo May Limit Consumer Financial Services Litigation

18 May 2016

Spokeo v. Robins - Supreme Court Limits Consumer Right of Action in Fair Credit Reporting Act Case

17 May 2016

LiveVox Partners with CBA to Discuss the Latest Vicarious Liability Trends for Retail Banking Contact Centers

17 May 2016

CFPB Moves Ahead to Block Arbitration Clauses, Discounting SBREFA Comments