While Elon Musk’s $44 billion buyout of Twitter closed in 2022, there has been no shortage of buzz around the business magnate and how the social media giant has operated post-buyout. Case in point: ...

CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the ...

A large debt collection company in the United States was recently accused of violating federal consumer protection laws. The Consumer Financial Protection Bureau filed a proposed order that, if ...

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 ...

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, ...

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Phone calls and letters are still going strong in debt collections, but outreach via digital channels such as text and emails is gradually creeping up. So is the use of artificial intelligence and ...

A new rule finalized today by the Consumer Financial Protection Bureau (CFPB) will let debt collectors contact consumers not just by phone, as presently permitted, but also by email, text message, and ...

This story about debt collection was produced by The Hechinger Report, a nonprofit, independent news organization focused on inequality and innovation in education. Richard Fishburn never imagined ...