Wed.Jul 24, 2024

article thumbnail

CFPB Report Highlights Junk Fees Charged by School Lunch Payment Platforms

Consumer Finance

The CFPB released a report on payment processing companies that help school districts process children’s school lunch payments.

145
145
article thumbnail

Judge Denies Competing Summary Judgment Motions in Case Over Whether Consumer Disputed Debt

Account Recovery

A District Court judge in Florida has denied competing motions for summary judgment in a Fair Debt Collection Practices Act case, in a case that hinges on whether a consumer saying, “Okay. All right. Well, thank you for your assistance then. That’s all I really needed for now.

Judgment 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EU Late payment reforms to be scrapped

UK debt collections

The European Commission is reportedly set to scrap a controversial overhaul of EU late payment rules after a lack of support from several EU member states. The Commission proposed in September last year to limit all payment terms to a maximum of 30 days, prompting warnings from trade bodies that the reforms could make it unviable for banks to support supply chain finance facilities and increase costs for SMEs.

Trade 59
article thumbnail

Teachers’ Union Sues MOHELA For Allegedly Mismanaging Student Loan Collections

Account Recovery

The American Federation of Teachers (AFT) has filed a lawsuit against the Higher Education Loan Authority of the State of Missouri (MOHELA), accusing the loan servicer of widespread mismanagement and failure to fulfill its responsibilities to student loan borrowers.

article thumbnail

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.

article thumbnail

Daily Digest – July 24. Industry Mourns Passing of Eric Foulk; Judge Denies Competing Summary Judgment Motions in Case Over Whether Consumer Disputed Debt

Account Recovery

Industry Mourns Passing of Eric Foulk Judge Denies Competing Summary Judgment Motions in Case Over Whether Consumer Disputed Debt Teachers’ Union Sues MOHELA For Allegedly Mismanaging Student Loan Collections 23 Companies Seeking Collection Talent WORTH NOTING: Inside the 78 minutes that took down millions of Window’s computers last week … If you want to see […]

Judgment 130