Account Recovery

OCTOBER 3, 2023

The Federal Trade Commission and the Consumer Financial Protection Bureau have filed an amicus brief in a Fair Credit Reporting Act case before the Court of Appeals for the Second Circuit, asking the court to reverse a decision related to deleting information disputed by a consumer that cannot be verified by the furnisher of the […]

Trade 147

Trade Banks 147

Consumer Finance

OCTOBER 3, 2023

New Jersey has made great progress on a range of crucial consumer protection issues, from last year’s legislation providing important protections against predatory lending by for-profit schools to building momentum on basic debt collection standards to fighting off efforts to allow problematic earned wage access products.

Education 106

Education Collections 106

Account Recovery

OCTOBER 3, 2023

Collector Facing Suit for Backing Out of Settlement Agreement Appeals Court Overturns Ruling in FCRA Case Over ‘Frivolous’ Investigation Groups Ask CFPB to Extend Deadline to Submit Questions for FCRA SBREFA Panel on Medical Debt FTC, CFPB File Amicus Brief in FCRA Case Over Dispute Investigation WORTH NOTING: When your phone sends you an emergency […]

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147

Prosperity Now

OCTOBER 3, 2023

Homeownership and financial security are key to achieving the American Dream for Latines. According to the Pew Research Center, 33% of Latines said homeownership is an extremely important life goal for them.

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Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Account Recovery

OCTOBER 3, 2023

A number of trade groups from across the financial services industry have submitted a request to the Consumer Financial Protection Bureau to delay the process for convening a meeting under the Small Business Regulatory Enforcement Fairness Act (SBREFA) as it ponders a proposal to remove medical debts from consumers’ credit reports.

Trade 130

Trade Financial services Collections 130

Account Recovery

OCTOBER 3, 2023

The Court of Appeals for the Third Circuit has overturned a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Fair Credit Reporting Act and the Fair Debt Collection Practices Act for not properly investigating a dispute, saying there is no exception in the FCRA that allows furnishers […]

Fair Debt Collection 100

Fair Debt Collection Judgment Collections 100

FFGN COLLECT NY

OCTOBER 3, 2023

We want to congratulate Jocelyn Nager, the managing partner of Frank, Frank, Goldstein & Nager P.C., a New York law firm devoted to the collection of bad debt, on recent recognitions. Jocelyn has once again been recognized as AV Rated, top-rated, by Martindale Hubbell with an overall rating of 5.0. Lawyers featured have attained a high degree of peer recognition and professional achievement.

Collections 52

Collections Lawyers Law Firms Education 52

NACM

OCTOBER 3, 2023

NACM's Professional Certification Program gives credit professionals a space to create connections while mastering the tools needed for success in the B2B credit world. With six levels of certification, credit professionals can earn credentials along with several benefits such as new career opportunities, leadership recognition and mastery in the p.

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Troutman Sanders

OCTOBER 3, 2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Finance Services industry over the past week: Federal Activities State Activities Federal Activities: On October 2, UBS Asset Management announced the launch of a tokenized money market fund pilot as part of a wider umbrella designed to bring real world assets onto the blockchain.

Financial services 52

Financial services Student Loans Student loans Trade 52

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Banks