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.

June

12
2025
Industry News

Rules Proposed Under New Jersey Data Privacy Act

On June 2, 2025, proposed rules (“Proposed Rules”) were published under New Jersey’s Data Privacy Act (“NJDPA”). The Proposed Rules elaborate on what constitutes “personal data” and detail a number of compliance obligations, some of which parallel existing requirements under data privacy laws in California and Colorado.

Read post

June

12
2025
Industry News

Supreme Court Avoids Class-Action Review Due to Mootness Concerns

On June 5, the U.S. Supreme Court dismissed a writ of certiorari as improvidently granted, leaving unresolved a significant question regarding class-action certification under Federal Rule of Civil Procedure 23. The question presented (and left unanswered by the majority) in Laboratory Corporation of America Holdings (Labcorp) v. Davis was whether a federal court may certify a damages class that includes both injured and uninjured class members. The dismissal has sparked considerable debate, particularly highlighted by Justice Kavanaugh’s dissent, which provides a compelling argument against the court’s dismissal.

Read post

June

11
2025
Compliance

The 17 Year Cicada Business Model?

Living in Kentucky, you’re treated every 17 years to one of nature’s most bizarre and unforgettable spectacles—the grand invasion of the cicadas. It might seem like a stretch but trust me: this ties back to collections and our wildlife series.

Picture this: millions of red-eyed, two-inch bugs bursting from the ground like a sci-fi swarm, filling the air with an ear-splitting scream, dive-bombing your porch, and clinging to everything—including you. It might sound like a horror movie, but there’s real strategy behind this synchronized chaos. So why do cicadas make such a dramatic entrance every 17 years?

Read post

June

11
2025
Industry News

States and Courts Fill In Regulatory Gaps as CFPB’s Future in Flux

The Consumer Financial Protection Bureau’s funding and foundations are hotly debated on Capitol Hill and in courtrooms.

As the agency itself has been walking back, or outright canceling, its own rulemaking, there’s a flurry of activity at the state level where lawmakers and attorneys general are, in effect, stepping in for the bureau, levying lawsuits and legislation that treads ground typically covered by the consumer-focused watchdog.

Read post

June

11
2025
Industry News

Senate Banking Republican reconciliation bill would eliminate CFPB funding source

The Senate Banking, Housing and Affairs Committee (Banking Committee) would eliminate the CFPB’s current funding source, as part of Committee’s Republican version of its part of the massive budget reconciliation bill, according to legislative language released by the Banking Committee.

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.