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.

February

14
2023
Strategy

Debt collectors re-evaluate medical debt furnishing in light of data integrity issues

A new CFPB report estimates that medical collections tradelines declined by 37 percent between 2018 and 2022. “Market Snapshot: An Update on Third-Party Debt Collections Tradelines Reporting” also found that medical debt constitutes a majority (57 percent) of all collections on credit reports.

Read post

February

13
2023
Industry News

State AG Updates: Colorado, New Jersey, New York, Kansas, Florida, Rhode Island and AG Coalitions

In this edition of Faegre Drinker’s State Attorneys General Update, we discuss:

Read post

February

13
2023
Industry News

Attorney General Bonta Leads Multistate Coalition in Support of Federal Overhaul of Student Loan Income-Driven Repayment Plans

OAKLAND — California Attorney General Rob Bonta and the Massachusetts Attorney General’s Office led a multistate coalition in a comment letter supporting the U.S. Department of Education’s (ED) proposed changes to income-driven repayment plans (IDR) for federal student loan borrowers, and urging further action to address the student debt crisis. IDR plans aim to reduce the burden of high monthly payments on struggling federal student loan borrowers, but the program has long suffered from regulatory and servicing problems. The proposed changes would help ensure that student loan borrowers have greater access to more affordable repayment terms.

Read post

February

13
2023
Industry News

The Fed is bearing down on crypto's on-ramps

To regulate pirates, cut off access to their ports and see how long they last at sea. That's the playbook being used in the U.S. to rid the scourge that is crypto too, or so it would seem.

Read post

February

13
2023
Strategy

3 Overlooked Cybersecurity Breaches

Here are three of the worst breaches, attacker tactics and techniques of 2022, and the security controls that can provide effective, enterprise security protection for them.

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.