Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
MAY 9, 2023
On May 4, Colorado Governor Jared Polis signed SB93 into law.
Consumer Credit Creditworthiness Debt collector Financial services 
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Passage Of Debt Collection Bill Could Be A ‘Slippery Slope’ For Lenders
Collection Industry News
MAY 18, 2021
Despite objections from CUNA and NAFCU, the House of Representatives passed the Comprehensive Debt Collection Improvement Act on Thursday. 2547 was sponsored by House Financial Services Committee Chairwoman Rep. In the letter, Nussle stated, “Lenders rely on complete and accurate credit reports when underwriting loans.
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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. Credit Bureau of Georgia, 555 F.
White House Signals Strong Consumer Protections in Medical Debt
Troutman Sanders
APRIL 15, 2022
The plan includes four focus areas: Holding Providers and Collectors Accountable: The Department of Health and Human Services (HHS) will evaluate how providers’ billing practices impact access and affordability of care and the accrual of medical debt. A]nd this problem is growing. It can happen to anyone.”.
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