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Below you can find helpful website on how collections works, and different blogs to read about collections.

Credit and Collections News provide great articles on current collection news. Consumer Financial Protection Bureau provides current educational information on what current events are going on in the collection industry. Inside Arm helps break down the understanding of the consumer side of collections. They have wonderful articles that help the consumer’s.    

New York Fed Provides In-Depth Look at U.S. Economy in a Snapshot

The latest report shows flat consumer spending despite solid income growth and improvement in the labor market. The Federal Reserve Bank of New York released its latest U.S. Economy in a Snapshot Thursday and presented an analysis of the purpose of the data series, launched in June 2015, for households and economists. “Our goal is to provide information that helps households and businesses follow the data along... Read More

From Collector: Are You In The Clear?

Understanding how the FDCPA applies to first party creditors. For decades, the Fair Debt Collection Practices Act has been largely viewed as the domain of third-party debt collectors. Today, however, smart companies know otherwise. Both the Federal Trade Commission and the Consumer Financial Protection Bureau have made it clear—through guidance, enforcement actions and lawsuits—that in certain situations, first-party creditors fall under the FDCPA’s jurisdiction directly... Read More