Account Recovery

MAY 21, 2024

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 […]

Student loans 147

Student loans Student Loans Loans 147

Consumer Finance

MAY 21, 2024

The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.

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Lender Loans Financial services 142

Account Recovery

MAY 21, 2024

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.

Student loans 147

Student loans Student Loans Loans 147

Consumer Finance

MAY 21, 2024

CFPB Director Rohit Chopra delivered prepared remarks on an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers.

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Lender Financial services 60

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

Banks

Account Recovery

MAY 21, 2024

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

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Account Recovery

MAY 21, 2024

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.

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Fair Debt Collection Collections 130

Price Meese

MAY 21, 2024

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.

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Lawyers 52

Consumer Finance

MAY 21, 2024

La CFPB emitió una interpretación de normativa que confirma que los prestamistas Compre Hoy y Pague Luego son emisores de tarjetas de crédito.

Financial services 52

Financial services 52

Burr Forman

MAY 21, 2024

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).

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Collection Agencies

NACM

MAY 21, 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.

Education 5

Education 5

Account Recovery

MAY 21, 2024

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.

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