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Golden Years Going Plastic: AARP Finds Older Adults Swiping for Survival

Account Recovery

Why it matters: For professionals in debt collection agencies, debt buying companies, fintechs, banks, credit unions, and consumer finance firms, these findings underscore a growing vulnerability among older borrowers.

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Compliance Digest – February 24

Account Recovery

District Court for the Eastern District of Texas granted the CFPBs unopposed motion for a 90-day stay in the litigation filed by Cornerstone Credit Union League and Consumer Data Industry Association (the Plaintiffs). WHAT THIS MEANS, FROM AYLIX JENSEN OF MOSS & BARNETT: OnFebruary 6, the U.S. More details here.