Auto loan delinquency rate stalls at end of 2010

Mar 09, 2011 Brian Bradley

New research released by TransUnion on Wednesday found that the auto loan delinquency rate stalled at the end of 2010, showing only very slight increases in the third and fourth quarters. According to the credit management giant, 60-day auto


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Man sues over incorrect background check

Mar 09, 2011 Matt Roesly

A man in Virginia has filed a $7.5 million federal lawsuit against the city of El Paso, Texas, claiming an incorrect criminal record violates his civil rights.In the suit, John Shelby claims that by negligently linking another man's criminal


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Debt collector sentenced for sale of information

Mar 09, 2011 Kyle Duncan

A chief U.S. District judge recently sentenced the director of a Buffalo debt collection agency to two years probation and fined him $28,000, after the man admitted he had sold thousands of debtors' personal information.Andrew Jon Pytlewski


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Missouri AG ranks top 10 scams of 2010

Mar 09, 2011 Brian Bradley

The attorney general in Missouri recently unveiled the most common consumer scams from 2010.Attorney General Chris Koster's office reported that it had received more than 2,200 complaints from residents in the state regarding scams and


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Oklahoma entrepreneur re-launches debt collection career

Mar 08, 2011 Kyle Duncan

A former billionaire, whose prior company collapsed in 1999, recently relaunched his career with a brand-new debt collection company.The Oklahoman reports that Bill Bartmann, who once ran the now-defunct Commercial Financial Services, stated


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