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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

NOVEMBER 13, 2023

Among other things, the updated draft includes the following: ○ Employees of debt collectors are not required to be licensed under the DCLA when acting within the scope of their employment by a licensed debt collector; ○ A creditor, including a provider of nonfinancial services, seeking repayment in its own name of consumer debt arising from a consumer (..)

Financial services

Financial services Manufacturing Debt Management Debtor

Is The CFBP's Position On Credit Reporting Statements Consistent With The Case Law?

FDCPA Defense

MAY 6, 2014

The CFPB does not want debt collectors to tell consumers that paying their debts might help them to improve their credit score. Nor does the CFPB want collectors to encourage consumers to pay by informing them that their failure to do so might harm their credit. Equifax Check Services, Inc.,

Creditworthiness

Creditworthiness Debtor Debt collector Consumer Credit

Creditor Collections Today

Troutman Pepper Weekly Consumer Financial Services Newsletter

Is The CFBP's Position On Credit Reporting Statements Consistent With The Case Law?

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