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CFPB Updates Administrative Enforcement Proceedings

The Consumer Financial Protection Bureau on Friday announced it had issued a final rule related to the procedures for when it chooses to use the administrative adjudication process — instead of going to federal courts — when bringing contested enforcement actions, making the process more closely track what would occur …

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Collectors Facing Lawsuit Over Identity Theft Disputes

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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Out-of-Pocket Healthcare Expenses Spike For Americans in 2023

The amount that Americans pay out-of-pocket for healthcare grew by 10.5% in 2021, the highest year-over-year percent increase in nearly four decades, according to data released last week by the Centers for Medicare and Medicare Services. The data was released as part of the CMS’s National Health Expenditures report. Out-of-pocket …

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