privacy 
Collection Industry News
SEPTEMBER 14, 2021
House Democratic lawmakers on Thursday proposed awarding the Federal Trade Commission (FTC) $1 billion to set up a bureau dedicated to improving data security and privacy and fighting identity theft. It would direct $1 billion “for domestic manufacturing conversion grants relating to domestic production of zero-emission vehicles.”.
Credit Corp
OCTOBER 19, 2020
You get to drive a newer car, and many repair costs may be covered by the manufacturer’s warranty or the lease agreement. One of the biggest advantages of leasing is that you might get a lower monthly payment compared to a car loan on the same vehicle. Auto loans can be found at banks, credit unions, car dealers, and online.
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Troutman Sanders
AUGUST 7, 2023
Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 loan programs. Banks reported that lending standards are currently on the tighter end of the range for all loan categories. For more information, click here.
Troutman Sanders
FEBRUARY 8, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Privacy and Cybersecurity Activities. State Activities. Federal Activities: On February 5, U.S. For more information, click here.
Troutman Sanders
NOVEMBER 10, 2020
Privacy and Cybersecurity Activities. Federal Activities: On November 5, a federal court ruled that the Small Business Administration (SBA) must release detailed information for all loans issued under the Paycheck Protection Program (PPP), including name of borrowers and the loan amounts. State Activities.
Troutman Sanders
MAY 17, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Privacy and Cybersecurity Activities. The coalition’s action shows the growing trend of adding extra privacy protections for minors.
Troutman Sanders
OCTOBER 19, 2020
Privacy and Cybersecurity Activities. On October 13, the Federal Trade Commission (FTC) warned consumers of scammers pretending to promise student loan debt relief. Due to the pandemic, people with federal student loans have some protections, but others claim to provide additional governmental protections for a fee.
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