Account Recovery

JANUARY 13, 2025

A District Court judge in Arizona has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling that the plaintiff failed to sufficiently establish the defendant’s status as a “debt collector” under the statute and did not plead adequate facts to support the alleged violations. The background: The dispute stemmed from a credit card account the plaintiff opened in 2016 with the original creditor.

Debt collector 130

Debt collector Fair Debt Collection Original Creditor Creditors 130

Consumer Finance

JANUARY 13, 2025

The CFPB sued Capital One for cheating millions of consumers out of more than $2 billion in interest.

Banks 98

Banks 98

Account Recovery

JANUARY 13, 2025

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group,P.C. –ComplianceSupport – Defense Litigation – Nationwide Complaint Management Turnkey Speech Analytics.And Our NewBLG360Program Your Low Monthly Retainer Compliance Solution. Visitwww.bedardlawgroup.com, emailJohn H.

Healthcare 130

Healthcare Debt collector Banks Debtor 130

The Kaplan Group

JANUARY 13, 2025

A new study by The Kaplan Group explores the relationship between generational spending patterns and geographical cost of living. It also examines how location-based cost of living impacts savings potential more significantly than raw income, with lower-cost states demonstrating higher savings scores despite lower median incomes. Key Takeaways Gen X demonstrates the highest potential for savings, with an annual savings potential of $27,200.

Education 52

Education 52

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

Account Recovery

JANUARY 13, 2025

The Consumer Financial Protection Bureau on Friday announced steps to enhance consumer protection in the rapidly evolving digital payments landscape. The Bureau is inviting public comments on two pivotal initiatives: a Request for Information on financial privacy and a proposed interpretive rule on the applicability of the Electronic Fund Transfer Act (EFTA) to emerging payment mechanisms.

Credit Unions 130

Credit Unions Credit Unions Banks 130

Account Recovery

JANUARY 13, 2025

How 2025 starts and how it ends are likely to be radically different, and reading predictions from a handful of professionals across the credit and collection industry shows on just how many fronts that statement applies. Without giving too much of their predictions away, the common theme to what this quartet thinks is going to happen this year is that those hoping for the status quo are likely to be disappointed.

Financial services 130

Financial services Collections 130