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There are several key consumer laws that collectors should be concerned with when engaging in debt collection practices. 

Collection Industry News

There are several key consumer laws that collectors should be concerned with when engaging in debt collection practices. These laws aim to protect consumers from unfair, deceptive, or abusive practices. Here are some important consumer laws that collectors should be familiar with: 1.

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Q1 Industry Insights: Economic Stressors Persist while Pandemic-era Benefits End

True Accord

At the beginning of March, the federal government ended pandemic-era payments for low-income families on the Supplemental Nutrition Assistance Program (SNAP), causing nearly 30 million Americans to lose increased food stamp benefits. consumer credit card debt has increased to nearly $1 trillion.