Collection Industry News

OCTOBER 2, 2023

If the high court sides with the CFSA, a trade group representing payday lenders, its ruling could have broad and significant impacts for consumers, according to legal experts and consumer advocates. The CFPB was established in 2011 by the Dodd-Frank financial reform law in the wake of the Great Recession.

Government 40

Government Credit Unions Credit Unions Trade 40

ABI

JANUARY 19, 2024

(“BMO”) provided a bridge loan (“the Bridge Loan”) to Intermediate Holding. [6] 6] Sun Capital either guaranteed the Bridge Loan or was otherwise obligated to ensure that the Bridge Loan was repaid ("the Sun Capital Guaranty"). [7] 8] BWGS paid the vast majority of the loan by transferring its own property worth $24.8

Bankruptcy 40

Bankruptcy Financial Institution Loans Banks 40

Troutman Sanders

AUGUST 16, 2022

Federal Activities: On August 12, VantageScore announced that it completed an extensive analysis on how recent changes have impacted consumer credit score models to how medical collection accounts are reported, including changes brought by the COVID-19 pandemic. State Activities. For more information, click here. 7352 ) into law.

Financial services 52

Financial services Loans Student loans Student Loans 52