Thu.Jul 25, 2024

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CFPB Sues Rent-a-Center Affiliate Acima and Acima’s Founder Aaron Allred for Illegal Lending Practices

Consumer Finance

The CFPB sued a group of companies known as Acima for illegal lending activities in connection with as many as five million consumer financing agreements.

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Sen. Warren Introduces Bill to Codify Chevron Into Law

Account Recovery

A group of Democratic Senators, including Sen. Elizabeth Warren [D-Mass.] and Sen. Bernie Sanders [I-Vt.], have introduced S. 4749, the Stop Corporate Capture Act (SCCA), which aims to codify the Chevron doctrine into law, thereby restoring and protecting the regulatory authority of federal agencies.

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Technology in credit management: 6 key learnings from 2024 

On Guard

Earlier in 2024, we surveyed 300+ CFOs and financial professionals in the Netherlands to study how they view current technology trends and their impact on the finance sector. The research findings were shared in four different whitepapers, entitled the FinTech Baropapers. Let’s sneak a peek at the key takeaways: #1 AI the leader in technology trends Although finance professionals see a major influence of big data (36%) and IoT (23%) on the financial process, they find AI (45%) the technology wit

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Daily Digest – July 25. Getting to Know Emily Adkins of Security Credit Services; Judge Denies MTD in FDCPA Case for Third Time

Account Recovery

Getting to Know Emily Adkins of Security Credit Services Judge Denies MTD in FDCPA Case for Third Time CFPB Warns Against Using NDAs to Block Whistleblowers Sen.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Post-judgment collection tools: Attaching a debtor’s bank account

Collections Law

At Law Offices of Alan M. Cohen & Associates LLC, our ethical commercial collections attorneys are well-known for their aggressive, relentless and innovative debt collection tactics. With more than 50 years of combined experience in commercial debt collection, they utilize debt collection strategies allowed under state and federal laws to help Massachusetts businesses get paid.

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Judge Denies MTD in FDCPA Case for Third Time

Account Recovery

A District Court judge in Michigan is questioning the “aggressive” defense that has been mounted in a Fair Debt Collection Practices Act case, denying a motion to dismiss for the third time after the defendant accused the plaintiff of lying to prove he had standing to pursue his claim.

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CFPB Warns Against Using NDAs to Block Whistleblowers

Account Recovery

The Consumer Financial Protection Bureau yesterday issued a warning to law enforcement agencies and other regulators that companies requiring employees to sign broad confidentiality agreements can potentially violate the Consumer Financial Protection Act.

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