CLASS-ACTION ACCUSES COLLECTOR OF VIOLATING FDCPA BY INCLUDING NY DFS SOL DISCLOSURE ON BACK OF MVN
- A class-action complaint has been filed in a New York District Court over the statute of limitations disclosure in a Model Validation Notice sent to an individual, who claims the notifications — required by the New York Department of Financial Services — were contradictory and resulted in five different reasonable interpretations of what might happen.
- More details here.
- This series is sponsored by WebRecon.
NCLC ISSUES REG F REPORT BASED ON SURVEY OF CONSUMER ADVOCATES
- The National Consumer Law Center has released a report evaluating the impact of Regulation F in the six months after the rule went into effect on November 30, 2021. The report was based on the results of a survey of 117 consumer advocates nationwide, which included in-depth follow-up interviews with 22 of the survey’s respondents.
- More details here.
JUDGE CERTIFIES CLASS IN FDCPA SUIT OVER CREDIT REPORTING LANGUAGE IN LETTER
- A District Court judge in New Jersey has certified a class action Fair Debt Collection Practices Act case against a defendant accused of violating the statute because of a discrepancy in the amount of time it waited before reporting debts to credit reporting agencies and the amount of time it gave consumers to respond to its letters.
- More details here.
MASS. AG REACHES $600K SETTLEMENT WITH DEBT SETTLEMENT PAYMENT PROCESSOR
- The Attorney General of Massachusetts has reached a $600,00 settlement with a payment processing company that was accused of assisting a debt settlement company in engaging in unlawful business practices such as charging consumers premature and inflated fees.
- More details here.
WORTH NOTING: Are we too lazy to even say “hey” anymore? … People’s Sexiest Man Alive is staying inside the Avengers … The finalists have been announced for the Humane Society’s Hero Dog Awards … Elvis fans can sleep like the king in his Memphis apartment … How to maintain a work-life balance when working remotely … 400 people applied for one job at a Chick-fil-A offering three day workweeks of 14 hours per day … Consumers are relying more on credit cards to cover their finances … Why, even at $1.9 billion, the Powerball jackpot is not a good deal.
Trailer Tuesday, part I
Trailer Tuesday, part II
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.