Debt collection companies could soon be required to apply for a licence to carry out debt collection activities, and will be held accountable for the conduct of their employees. This licensing regime ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

The 48-hour debt collection rule is shaking up the financial world, speeding up account freezes, and demanding new levels of ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

Top debt collection specialists urge UK companies to adopt proactive measures to protect their financial stability.