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Collector Accused of Mistaking Plaintiff’s Sister for His Wife Judge Grants MTD in FCRA, FDCPA Case Over Post-Divorce Liability Student Loan Debt Relief Company to Close, Pay $400k in CFPB Enforcement Action Illinois Legislature Passes Medical Debt Credit Reporting Bill WORTH NOTING: As summer approaches, here is a list of the best coolers to keep […]
The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.
The Consumer Financial Protection Bureau yesterday announced an enforcement action against Western Benefits Group, a nonbank telemarketer based in Pleasanton, Calif., for charging illegal advance fees for student loan debt relief services and misrepresenting their affiliations and services.
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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Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
A District Court judge in Florida has granted a motion to dismiss filed by defendants in a Fair Credit Reporting Act and Fair Debt Collection Practices Act case, ruling that the plaintiff is liable for her debts even though her divorce decree states that her now ex-husband would be responsible for them.
Bankruptcy and medical debt go hand-in-hand. One of the top reasons that people file for bankruptcy is because their medical bills have become overwhelming. They’re unable to pay what they owe, so they’re looking for a fresh start. One reason why this happens is because people will get out-of-network services. They may not know that this is what they’re doing at the time, but a later analysis of the medical services rendered will show that they were out of the network approved by the health insu
The Illinois legislature is sending a bill to the desk of Gov. JB Pritzker that would make the state the latest to ban medical debt from appearing on consumers’ credit reports. The Details: SB2933 was introduced in late January by state Sen. Steve Stadelman, a Democrat who has been in the state legislature since 2012.
Price Meese partner, Thomas C. Martin, Esq., a member of the Executive Committee of the Transportation Lawyers Association, recently attended its Annual Conference which addressed a multitude of transportation-related topics such as freight cargo damage, casualty claims, insurance, technology and the growing impact of AI in the transportation field.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Last Thursday, the Supreme Court upheld the Congressional funding mechanism used to fund the Consumer Financial Protection Bureau (CFPB), overruling a Fifth Circuit decision that found the funding mechanism violated the Constitution’s Appropriations Clause. Cons. Fin. Prot. Bureau et al. v. Cmty. Fin. Servs. Ass. of Am., Ltd., 601 U. S. _ (2024).
NACM's Professional Certification Program provides all credit professionals—whether early staged or seasoned ones, education to explore the role of credit even deeper. As a credit professional who has been in the industry for eight years, Asia Rashid, CICP, supervisor at Al Ghandi Auto (Dubai, United Arab Emirates), said she was looking t.
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