VIDEO: ANSWERING MORE QUESTIONS ABOUT CREDIT REPORTING
- Condition codes can be tricky when credit reporting. Changing a code when an investigation is complete is not always as simple as it sounds. In the latest episode of “Ask The Credit Reporting Expert,” Lauren Burnette of Messer Strickler walks through some of the variables that come into play when a furnisher is thinking about changing the condition code on an individual’s credit report.
JUDGE GRANTS MTD IN FDCPA CASE OVER CREDIT REPORTING STATEMENT IN LETTER
- Notifying an individual in a collection letter than not paying a debt may have a negative effect on that person’s credit score does not rise to the level of violating the Fair Debt Collection Practices Act, according to a District Court judge in Michigan, especially when the individual’s alleged emotional injury is self-inflicted because she failed to pay the underlying debt in the first place.
CFPB SUED OVER FDCPA EVICTION RULE
- The Consumer Financial Protection Bureau is being sued over an interim final rule it issued saying that collectors may face prosecution under the Fair Debt Collection Practices Act for not providing written notices to individuals being evicted, with plaintiffs claiming their First Amendment rights under the Constitution are being violated because they are being required to lie.
N.J. HOSPITAL CALLED OUT FOR FILING LAWSUITS — 12 OF THEM — DURING PANDEMIC
- A hospital in New Jersey is the latest to be spotlighted for filing lawsuits during the COVID-19 pandemic seeking to recover unpaid debts from patients. But unlike other hospitals that have been accused of filing hundreds or thousands of lawsuits and being overly aggressive, Trinitas Medical Center — one of the largest nonprofit hospitals in New Jersey — filed 12 lawsuits in the past 13 months, attempting to recover $350,000.
WORTH NOTING: A “stunning” ruling from an Appeals Court about who can be sued for liability in an accident … There are a lot fewer babies being born these days … Are you spending more than the average amount on Mother’s Day gifts this year? … What you should and shouldn’t do if you owe the Internal Revenue Service some money … Where to find deals on Cinco de Mayo … Advice from the CEO of Zoom for those who are on remote meetings all day long … Why you need to ditch the to-do list … Starbucks baristas sharing the weird things people order.
How to talk to your kids about race
Celebrate Cinco de Mayo in style
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