Consumer Financial Services Law

APRIL 3, 2018

In Taylor, the creditor instructed the debt collector not to accrue interest of fees on the debts at issue. Each letter the debt collector sent, therefore, disclosed the same static balance. Avila, 817 F.3d 3d at 75-76. Taylor, Slip Op.

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Consumer Financial Services Law

JANUARY 3, 2018

By Zachary Dunn The FDCPA prohibits a debt collector from using “any false, deceptive, or misleading representation” in connection with the collection of a debt. Zachary Dunn is an attorney practicing in Smith Debnam's Consumer Financial Services Litigation and Compliance Group. See 15 U.S.C. In Islam v.

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Consumer Financial Services Law

FEBRUARY 13, 2017

Specifically, the plaintiff alleged that defendants had failed to disclose the amount they sought to collect included accruing interest. In reviewing the substance of the complaint, the court agreed with the debt collector that Ms. The plaintiff, however, failed to allege that she incurred any actual harm as a result.

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Troutman Sanders

SEPTEMBER 6, 2023

In a subsequent letter, the agency stated that the principal was accruing interest at the rate of 12%, which was followed by an email stating that the rate was 8%, which was followed by another letter stating that the rate was again 12%. A number of communications also included conflicting interest calculations.

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