The phrase “48-hour debt collection rule” refers to commentary and speculation about faster account-freezing and enforcement practices, not to a single, named UK statute that lets ordinary consumer lenders automatically freeze your bank account within 48 hours just because you ...

The phrase refers to a recent FTC enforcement action in which the agency is asking a federal court to hold payment processor Cliq, Inc. (formerly CardFlex, Inc.) and two executives in contempt for allegedly violating a 2015 court order tied ...

Trump has proposed capping credit card interest rates at 10% for one year, and JPMorgan Chase CEO Jamie Dimon is warning that this would be an “economic disaster” that could sharply reduce access to credit, especially for higher‑risk borrowers. What ...

On December 19, the governor of New York signed into law an act to amend the general business law, establishing a right of action for claims arising out of coerced debts. The legislation defines “coerced debt” as debt incurred through ...

Earlier this month, TransUnion and Actable reported that integrating TransUnion’s TruAudience Marketing Solutions data into Actable’s AI models improved marketing prediction accuracy and cut false positives for a major retailer’s customer win-back campaign. The collaboration highlights how TransUnion’s extensive identity ...

After reaching a proposed settlement last year, the FTC has banned General Motors from sharing specific consumer data with third parties, TechCrunch reported. The finalized order wraps up one of the more egregious cases of a corporation collecting its customers' ...

Huizar v. TransUnion LLC is a December 17, 2025 Northern District of Indiana decision holding that whether TransUnion’s reinvestigation of the plaintiff’s credit dispute was “reasonable” under the FCRA presents factual issues that must be decided by a jury, not ...

Fannie Mae finds itself navigating a complex landscape where robust profitability intersects with heightened political influence and market uncertainty. Despite posting strong earnings, the government-sponsored enterprise's (GSE) stock has faced significant pressure, highlighting a fundamental tension. On one hand, Washington ...

The Credit Card Competition Act (CCCA) is once again back with Congress after first being proposed in 2022. The bipartisan legislation pits merchants against banks in a document aimed at lowering credit card swipe fees on each business transaction. This ...