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

5
2024
Industry News

Attorney General James Sues Large-Scale Predatory Lending Operation Targeting Small Businesses

NEW YORK – New York Attorney General Letitia James today filed a lawsuit against a major operation of over 30 companies and individuals for exploiting small businesses through fraudulent loans at sky-high interest rates disguised as merchant cash advances. The companies and individuals sued by Attorney General James include Yellowstone Capital and its founder David Glass, Delta Bridge Funding, and several other individuals who negotiated and serviced the illegal loans.

Read post

March

5
2024
Industry News

NCUA Charters New Jersey State PBA Federal Credit Union

ALEXANDRIA, Va. (March 4, 2024) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to New Jersey State PBA Federal Credit Union in Woodbridge, New Jersey

Read post

March

5
2024
Industry News

Governor Hobbs Launches Affordable Arizona: Tackling Medical Debt for Working Families

Phoenix, AZ - Today, Governor Katie Hobbs announced that she is partnering with non-profit RIP Medical Debt to launch Affordable Arizona: Tackling Medical Debt for Working Families. The program will forgive medical debt for up to one million working class Arizonans.

Read post

March

5
2024
Industry News

Vermont AG marks Consumer Protection Week with top ten consumer complaints of 2023

Vermont Business Magazine In recognition of National Consumer Protection Week, Attorney General Charity Clark announced the top 10 consumer complaints received by her office’s Consumer Assistance Program (CAP) in 2023. Claiming the list’s top spots are consumer complaints involving vehicles, home improvement, and retail, which collectively represent 43 percent of all complaints filed in 2023.

Read post

March

5
2024
Industry News

West Virginia Proposes Mini-TCPA Law

In late January, the West Virginia Legislature introduced two bills aiming to regulate and expand the telemarketing laws in West Virginia.

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.