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.

March

29
2024
Industry News

Attorney General James Secures Over $1.9 Million from Nissan Dealers that Cheated New Yorkers

NEW YORK – New York Attorney General Letitia James today announced settlements worth more than $1.9 million with five Nissan car dealerships in New York City and on Long Island for overcharging over a thousand New Yorkers who wanted to purchase their leased vehicles at the end of their lease term. An investigation by the Office of the Attorney General (OAG) found that the dealerships added junk fees or falsified the price of vehicles between 2020 and 2023.

Read post

March

29
2024
Trends

NCUA Releases Fiscal Year 2023 OMWI Annual Report to Congress

ALEXANDRIA, Va. (March 28, 2024) – The National Credit Union Administration released its Office of Minority and Women Inclusion (OMWI) Annual Report to Congress on the agency’s diversity, equity, inclusion, and accessibility (DEIA) programs and initiatives for fiscal year 2023. The report also outlines the agency’s efforts in ensuring fair and inclusive business practices and assessing its regulated entities’ diversity policies and practices.

Read post

March

29
2024
Industry News

Attorney General Josh Stein Takes Texas Robocaller to Court for Violating Permanent Robocall and Telemarketing Bans

(RALEIGH) Attorney General Josh Stein today led a coalition of eight attorneys general asking the court to take stronger action against John Caldwell Spiller, II after Spiller violated permanent robocall and telemarketing bans.

Read post

March

29
2024
Trends

Top Legal Challenges for the Automotive Industry in 2024

With 2024 underway, we highlight some of the most pressing legal issues facing the automotive industry this year, including a surprise Federal Trade Commission (FTC) rule, changes to manufacturer direct-to-consumer sales, and federal pressure on the electric vehicle (EV) industry.

Read post

March

29
2024
Industry News

Effective Compliance Monitoring: Lessons from the Dreaded 25 MPH Flashing Radar Speed Limit Sign

– And, How To Apply It To Monitoring National Repo Forwarders –

We’ve all encountered that dreaded 25 mph flashing speed limit sign, especially in residential areas bustling with activity. It serves as a constant reminder to adhere to the rules of the road, but it also offers valuable insights into effective compliance monitoring tools that extend far beyond traffic regulations. So, what can we learn from these flashing radar speed limit signs when it comes to compliance monitoring? Surprisingly, quite a bit.

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.