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

25
2023
Industry News

3rd Circuit: No ambiguity in collection dispute notice

On April 18, the U.S. Court of Appeals for the Third Circuit affirmed the dismissal of a putative FDCPA class action debt collection lawsuit concerning allegedly misleading dispute language. A letter the plaintiff received from the defendant debt collector included the following statement:

Read post

April

25
2023
Industry News

EEOC Chair Burrows Joins DOJ, CFPB, And FTC Officials to Release Joint Statement on Artificial Intelligence (AI) and Automated Systems

WASHINGTON – U.S. EEOC Chair Charlotte A. Burrows and officials from three other federal agencies jointly pledged today to uphold America’s commitment to the core principles of fairness, equality, and justice as emerging automated systems, including those sometimes marketed as “artificial intelligence” or “AI,” become increasingly common in our daily lives – impacting civil rights, fair competition, consumer protection, and equal opportunity.

Read post

April

25
2023
Industry News

DFPI Begins Accepting Applications for up to $200,000 in CalMoneySmart Grants

SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced today it is now accepting applications for the 2023 CalMoneySmart Grant Program, which will award a total of $2 million to nonprofits to provide free financial empowerment programs for people experiencing financial insecurity in California.

Read post

April

25
2023
Industry News

Debt Collectors Can Now Use Social Media to Contact Borrowers

A message from a debt collector may be the last thing you’re expecting – or wanting – to see when you log in to your social media accounts. A recent regulation change, however, made it legal for debt collectors to slide into your DMs.

Read post

April

25
2023
Strategy

How Fintech is Changing the Way We Manage Our Money

Gone are the days when managing your finances meant hoarding stacks of receipts and juggling multiple bank accounts. Enter the fascinating world of fintechᅳfinancial technology that’s transforming the way we handle our hard-earned cash.

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.