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.

November

21
2022
Trends

Economic Update covers growth predictions, credit union margins

CUNA Senior Economist Ligia Vado discusses an overview of third quarter findings and end of year projections in the October 2022 CUNA Economic Update,

Read post

November

21
2022
Industry News

Attorney General Bonta: FTC Should Follow California’s Example and Adopt Robust Data Privacy Protections

OAKLAND – California Attorney General Rob Bonta today urged the Federal Trade Commission (FTC) to adopt robust protections against commercial surveillance and data security practices that harm consumers.

Read post

November

21
2022
Industry News

MARKEY JOINS MERKLEY, BONAMICI, JAYAPAL TEAM IN INTRODUCING LEGISLATION TO PROTECT CONSUMERS FROM PREDATORY PAYDAY LENDING PRACTICES

Washington (November 16, 2022) – Today, Senator Edward J. Markey (D-Mass.) joined Senator Jeff Merkley (D-Ore.) and Representatives Suzanne Bonamici (D-OR-01) and Pramila Jayapal (D-WA-07) in introducing the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act. The SAFE Lending Act will protect consumers from deceptive and predatory practices that strip wealth from working families by cracking down on some of the worst abuses stemming from the payday lending industry, particularly in online payday lending.

Read post

November

21
2022
Industry News

Supreme Court’s Help Sought to Settle Challenges to Student Loan Forgiveness Plan

The Biden administration, with the help of the U.S. Department of Justice (DOJ), is turning to the U.S. Supreme Court for help with legal challenges to its student loan forgiveness plan—in particular, one arguing that the plan goes beyond what Congress allows.

Read post

November

21
2022
Industry News

FTC Releases Updated Do Not Call Registry Data Book; Impersonator Fraud Tops List of Consumer Complaints

The Federal Trade Commission today released the National Do Not Call Registry Data Book for Fiscal Year 2022. The FTC’s National Do Not Call (DNC) Registry lets consumers add their phone number and choose not to receive most legal telemarketing calls. In the last fiscal year, over 2.5 million people signed up with the DNC Registry, bringing the total to more than 246 million phone numbers.

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.