FDCPA CLASS-ACTION FILED AGAINST DEBT BUYER, COLLECTOR
- A class-action lawsuit has been filed in federal court in New Jersey, alleging that a debt buyer and the collector it hired allegedly violated the Fair Debt Collection Practices Act because it sent a collection letter to an individual without the debt buyer having a proper license to operate in the state, and that the collector should have known that, and because the letter did not itemize the interest, fees, and other charges that were included in the balance that was owed.
ONLINE LENDER DISCLOSES CFPB INVESTIGATION INTO COLLECTION PRACTICES
- Opportun Inc., a unit of Opportun Financial Corp., a consumer finance lender that caters to Latino immigrants, disclosed yesterday that its lending and debt collection practices are being investigated by the Consumer Financial Protection Bureau as part of an apparent wider investigation into whether small dollar lenders have violated federal consumer protection laws.
PERFORMANT TO LAY OFF 90 AT OREGON LOCATION
- Performant Recovery has filed a notice with the state of Oregon that it is planning on laying off 60 employees at its location in Grants Pass, Ore., and will not bring back 31 employees who had been furloughed, citing the COVID-19 pandemic and changes to student loan collections as the reasons for the layoffs.
BILL INTRODUCED IN SENATE TO DOUBLE ANTI-SPOOFING FINES
- A bipartisan bill has been introduced in the Senate that would double the penalties for individuals or entities that spoof Caller ID numbers as a means of combatting illegal robocalls.
WORTH NOTING: A lot of parents are like my wife and I and are sticking with remote learning … Thieves stole a $500,000 watch off a man’s wrist while he was eating lunch in Beverly Hills … In a sign that can not be good for the economy — the average monthly car payment is now at $600 … Bringing old photos to life is kind of freaky … Costly tax mistakes to avoid when filing your income tax return … How to put that extra money to work … Fewer cars on the road somehow led to more car crash fatalities last year … The world is running out of sand and that’s not a good thing.
Dangerous mistakes that cat owners keep making
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