Recent Posts

PRA Group Leader LaTisha Tarrant Named Chief Human Resources Officer

NORFOLK, Va., Aug. 5, 2022 — PRA Group, Inc., a global financial services company, has named LaTisha Tarrant as Chief Human Resources Officer (CHRO), effective Aug. 15. Tarrant brings more than 20 years of public company experience to her new role and joins the company’s senior leadership team to head its global …

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Compliance Digest – August 8

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H. Bedard, Jr., or call (678) 253-1871. Every week, …

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Goldman Discloses CFPB Looking Into its Credit Card Operation

Goldman Sachs, which launched a credit card business in partnership with Apple, announced yesterday that it is being investigated by the Consumer Financial Protection Bureau for how it handles customer refunds and billing disputes, and how it furnishes information to the credit bureaus. Goldman, which is making a big push …

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Agency Fined $20k for Violating Earlier Consent Order

The Minnesota Department of Commerce has assessed $20,000 in fines to a collection agency that was accused of continuing to violate an earlier consent order in which the agency allegedly violated the Fair Debt Collection Practices Act and state law in Minnesota. A copy of the consent order with Direct …

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FDCPA Class Action Filed Over Alleged Interest Discrepancy in MVN

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon …

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Fines Might Not be Enough: CFPB’s Chopra

In an interview last week, Rohit Chopra, the Director of the Consumer Financial Protection Bureau, pondered whether assessing fines is enough to deter illegal behavior in the financial services industry, saying that the Bureau will “continue to seek new remedies” to ensure companies meet their responsibilities and obligations. Chopra has …

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