Compliance

Spike in FCRA Lawsuits a Cause for Concern

Down is up and up is down. After ending 2019 in the red, the number of lawsuits filed in January alleging violations of the Fair Debt Collection Practices Act, the Telephone Consumer Protection Act, and the Fair Credit Reporting Act, along with the number complaints filed with the Consumer Financial …

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Bill Introduced in Congress to Amend FDCPA

A bill has been introduced in Congress that seeks to amend the Fair Debt Collection Practices Act to require collectors to require more information be included in validation notices and when filing lawsuits against individuals to collect on unpaid debts. The bill, H.R. 5934, was introduced last Friday by Rep. …

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