Daily Digest

Daily Digest – June 5. Emergency Meeting to Allow Wash. Collectors to Work From Home Canceled; Bill in Colo. Would Prohibit Garnishments For Up to One Year

EMERGENCY MEETING TO ALLOW WASH. COLLECTORS TO WORK FROM HOME CANCELED AT LAST MINUTE A vote by the Washington State Collection Agency Board on an emergency proposal to clarify state regulations on what constitutes a branch office in order to allow employees of collection agencies to work from home was …

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Daily Digest – June 3. CFPB Takes Action Against Title Lender For Unfair Collection Tactics; State Regulators Call Out CFPB

CFPB TAKES ACTION AGAINST TITLE LENDER FOR OVERCHARGING CUSTOMERS, UNFAIR COLLECTION TACTICS The Consumer Financial Protection Bureau yesterday announced an enforcement action against an auto loan title lender for, among other infractions, engaging in unfair collection tactics, which will see the lender repay $2 million back to individuals who were …

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Daily Digest – June 2. Comments on CFPB Task Force Yield Interesting Data Points; Judge Grants MTD in FDCPA Case Over Balance Discrepancy

COMMENTS ON CFPB TASK FORCE YIELD INTERESTING INSIGHTS, DATA POINTS The comment period closed yesterday on a Request for Information released by the Consumer Financial Protection Bureau related to the creation of a task force that would be charged with harmonizing and modernizing federal consumer laws. While there weren’t many …

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