Credit Grantors News RSS Feed

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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CFPB Study of Consumer Finances Following Early Pandemic is Positive. Will Coming Months Paint a Different Story?

1 September 2020
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Breakdown of NYC DCA FAQs and Reporting Requirements for New LEP Rule

10 August 2020
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How Your Peers are Handling Strategy & Tech Issues, Data Straight from the iAST Polls

22 July 2020
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7th Cir. Holds FCRA Requires Furnishers to Correctly Report Liability, but Not CRAs

22 July 2020
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OCC Issues Final Rule to Fix Madden, and Clarify the Validity of the ‘Valid When Made’ Doctrine

3 June 2020
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Minnesota Order Protects Stimulus Checks and Halts ALL New Garnishments

6 May 2020
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Senators Warren and Schatz Question Credit Bureaus About Their Compliance with CARES Act Requirements

30 April 2020
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Rhode Island Exempts Stimulus Checks from Seizure by Creditors and Debt Collectors

29 April 2020
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Roundup of New Pandemic-Related Debt Collection Guidance From the Past Week (WI, IL, WA, OH)

16 April 2020
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DC Prohibits Outbound Collection Efforts Amid COVID-19

8 April 2020
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Massachusetts Releases FAQs About Its COVID-19 Guidance

6 April 2020
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7th Cir. Holds Creditor Liable for Its Counsel’s Bankruptcy Discharge Violation

22 October 2019
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Lively Debt Collection Debate Likely in House Fin. Servs. Committee Hearing Tomorrow

25 September 2019
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The CFPB’s Proposed Debt Collection Rules—What They Mean for Financial Institutions That Outsource to Collection Vendors

10 September 2019
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Capital One Latest to Be Caught in Data Breach, Affecting 100M Consumers

30 July 2019
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SCOTUS Adopts ‘Objectively Reasonable’ Standard for Violations of Bankruptcy Discharge Orders in Context of Civil Contempt

24 July 2019
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Arbitration Clauses: What Works, What Doesn’t, and How Creditors Can Help

27 June 2019
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Why Creditors and Servicers Should Care About the CFPB’s Proposed Debt Collection Rules

14 May 2019
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Debt Buyers in N.D. Illinois Beware: Purchase May Not Transfer Right to Collect Post-Charge Off Interest, According to Court

1 April 2019
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Ninth Circuit Court of Appeals Confirms That Creditors Are Not Per Se Liable for Calls Placed by Collectors– but Rules Against Creditor Anyway

26 March 2019

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