Compliance

Judge Dismisses Credit Repair Org. Suit Against CFPB, FTC

A District Court judge in Florida has granted a motion to dismiss after the Consumer Financial Protection Bureau and the Federal Trade Commission were sued by a trade association representing credit repair organizations that accused the regulators of overstepping their constitutional authority and that the Telemarketing Sales Rule is unconstitutional. …

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New Series Tackles Real-World Credit Reporting Scenarios

Of all the different parts that make up collecting debt and running a successful collection operation, perhaps the most risky and complicated component is credit reporting. Collection agencies that opt to furnish information to credit reporting agencies face significantly more risks than those that do not furnish information, but the …

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Bill Seeks to Exclude Evictions From FCRA

A bill has been introduced in the House of Representatives that is seeking to amend the Fair Credit Reporting Act to exclude evictions that have occurred during the COVID-19 pandemic from consumers’ credit reports. H.R. 1594 was introduced last week by Rep. Greg Stanton [D-Ariz.]. It has picked up 14 …

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Compliance Digest – March 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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