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

27
2023
Industry News

Feds may throw struggling First Republic Bank a lifeline by expanding emergency lending program

Federal banking regulators are reportedly weighing a potential expansion of an emergency lending program that would allow banks to access more funding to meet their liquidity needs which could buy struggling First Republic Bank more time to regain stability.

Read post

March

27
2023
Industry News

TitleMax fined for violating Military Lending Act

SAVANNAH, Ga. (WTOC) - Lawmakers in Washington are urging Federal regulators to take a closer look at a Savannah-based business. The move comes after the Consumer Financial Protection Bureau fined TitleMax $15 million and placed the company under a consent order last month.

Read post

March

24
2023
Industry News

Tell us your experiences with data brokers

We often don’t get to choose the companies that control our most personal and sensitive information. Data brokers is a term to describe those companies that collect, aggregate, sell, resell, license, or share our personal information with others.

Read post

March

24
2023
Trends

Consumer spending continues to shift in favor of services

The trend: Shoppers may be pulling back on discretionary purchases like electronics and furniture, but they’re spending enthusiastically on restaurant meals and fitness memberships, underscoring the spending shift from goods to services.

Read post

March

24
2023
Industry News

What the banking crisis means for mortgage rates

Washington CNN—Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move down through the rest of this year as the banking crisis drags on, which could cool down inflation.

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.