Collections news at your fingertips

Stay up-to-date with the latest news and developments in the collections industry.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

April

1
2024
Trends

Impersonation scams: not what they used to be

Scams that impersonate well-known businesses and government agencies are consistently among the top frauds reported to the FTC’s Consumer Sentinel Network.[1] In 2023, data from the FTC alone show more than 330,000 reports of business impersonation scams and nearly 160,000 reports of government impersonation scams.

Read post

April

1
2024
Industry News

AG Nessel Amplifies 5 Consumer Alerts as Debt Awareness Week Ends

LANSING – Michigan Attorney General Dana Nessel is reissuing 5 of her debt-related alerts at the end of this year’s Debt Awareness Week to help educate residents on ways they can take control of their debt. She also wants to make them aware of some of the scams rolled out at this time of year and all year round by bad actors attempting to separate them from their money.

Read post

April

1
2024
Trends

Post-Purchase Financing Ushers In a New Era of Lending

The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest boxes, or micro moments, can have the biggest impact.

Read post

April

1
2024
Trends

Credit Card Swipe Fees Are Going Down. Are Points Going With Them?

The largest credit card companies in the United States reached an agreement with merchants this past week to reduce the so-called swipe fees retailers pay for accepting credit card payments, potentially saving the retailers $30 billion.

Read post

April

1
2024
Industry News

Attorney General Ellison warns Minnesotans to avoid debt collection scams

March 30, 2024 (SAINT PAUL) — Today, Attorney General Keith Ellison issued a warning to Minnesotans about how to avoid phony debt collection scams.

Read post

Weekly newsletter

Get DebtHub's weekly newsletter, packed with the latest economic trends, compliance news, and strategy insights that matter to collections professionals like you.