Latest Industy Trends & News

Illinois Passes Bill Prohibiting Collection of Coerced Debt

On May 22, Illinois House Bill 3352 passed the Illinois legislature and now awaits Governor JB Pritzker’s signature. This bill amends the Illinois Collection Agency Act to provide an individual a way to avoid liability for a coerced debt.

Interest Charges Resume for Millions of Student Loan Borrowers

Enrollees in the Biden-era SAVE plan could pay $300 more per month as legal challenges continue. The Trump administration is urging borrowers to switch plans.