United States: Consumer Credit

Paying for the steadily rising cost of medical care can be challenging, even for Americans with health insurance. Although insurance helps defray medical expenses, it doesn’t cover everything...

In the final episode of our Debt Sales 101 mini-series, we focus on what happens after a debt sale closes and how sellers manage ongoing compliance, oversight, and risk.

In the final episode of our Debt Sales 101 mini-series, we focus on what happens after a debt sale closes and how sellers manage ongoing compliance, oversight, and risk.

Maine's new shared appreciation mortgage loan law imposes comprehensive restrictions on lenders and servicers, including limitations on loan terms, mandatory borrower counseling, and strict disclosure requirements.

Maine has enacted groundbreaking legislation regulating home equity investments (HEIs) and shared appreciation mortgage loans, imposing strict licensing requirements, contract restrictions, and consumer protections. The law requires homeowners to obtain independent legal counsel and HUD-approved counseling before entering these agreements. How will these comprehensive regulations reshape the HEI market and what challenges will providers face in complying with Maine's new framework?

In 2025, the Consumer Financial Protection Bureau (CFPB) reduced its scrutiny of small-dollar lenders by publicly announcing that it "will not prioritize enforcement or supervision actions...

On December 19, 2025, New York Governor Kathy Hochul signed into law S03072, amending the New York Fair Credit Reporting Act1 to prohibit New York employers from obtaining or using consumer credit history in hiring and personnel decisions.

The trade group representing debt collection agencies, creditors, debt buyers, collection attorneys, and debt collection industry service providers has filed suit...

On November 17, the FTC announced a final court order permanently banning a small-business financing company and its chief executive from offering business financing, debt relief, and credit repair services and imposing a $48,280,328 monetary judgment to resolve allegations of unfair or deceptive acts or practices under the Federal Trade Commission Act