Report Highlights CFPB Management Challenges
A review of the Consumer Financial Protection Bureau has identified four major…
[GLITCH FIXED] Glitch in DOD Website Causing False Negatives To Be Reported on Active Duty Military Members
A bug in the database that lenders and repossession agents can use…
FTC Sends Racecar Driver Into Wall With $1.3 Billion Fine For Payday Lending Scheme
A former race car driver and his cohorts have been ordered to…
Increased Attention on Compliance Comes At A Cost For Collection Agencies
The following is an article brought to you by Vertican Technologies, which…
Go Ahead, Card Me
There is perhaps no greater source of acronym soup in the collections…
FDCPA, FCRA Lawsuit Totals Increase in August, TCPA Numbers Decline
After five straight months of declines, the number of lawsuits alleging violations…
Consumer Attorney Fined $85K For Not Communicating Settlement Offer
A lawyer who has represented consumers in 64 lawsuits alleging violations of…
FTC Bans Two Operations From Collections Industry; Imposes Millions in Fines
The Federal Trade Commission closed the book on two cases against debt…
Op-Ed Accuses CFPB of Chasing Headlines Instead of Chasing Bad Collectors
A former enforcement attorney at the Consumer Financial Protection Bureau has published…
FTC Bans Collector For Knowingly Collecting On Invalid Loans
The Federal Trade Commission has banned a debt collector, Kelly S. Brace,…