Mon.Apr 08, 2024

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President to Take Another Stab at Erasing Student Loan Debts

Account Recovery

The President is expected to announce a new initiative today to reduce or eliminate student loan debt for up to 30 million Americans in another attempt to fulfill a promise from his first campaign for president.

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CFPB Comment to Illinois Joint Committee on Administrative Rules on the State’s Proposed Community Reinvestment Act Rules

Consumer Finance

The CFPB’s Deputy Director submits this CFPB comment to the Illinois Joint Committee on the state’s proposed community reinvestment rules, specifically in support of provisions addressing appraisal bias.

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Daily Digest – April 8. Judge Grants MSJ for Defendant on 8 of 9 Claims in FDCPA Case; President to Take Another Stab at Erasing Student Loan Debts

Account Recovery

Judge Grants MSJ for Defendant on 8 of 9 Claims in FDCPA Case President to Take Another Stab at Erasing Student Loan Debts Utah Appeals Court Upholds Ruling for Defendant in FDCPA Case Compliance Digest – April 8 WORTH NOTING: The timing for today’s solar eclipse and when it will be viewable in your area […]

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How to Help Young Adults File Taxes

Credit Corp

[This is a guest post contributed by Jessica Chung, Programs Director at FitMoney] Millions of Americans will file their taxes this spring, but for many, they’ll be first-time filers. As parents, teachers and caregivers for young adults, we want to be sure that our children are financially savvy and secure, but these new taxpayers likely haven’t received the proper financial education needed to successfully file.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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Utah Appeals Court Upholds Ruling for Defendant in FDCPA Case

Account Recovery

A Utah Appeals Court has affirmed the lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because it filed a collection lawsuit against the plaintiff when it was not licensed under the Utah Collection Agency Act.

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Judge Grants MSJ for Defendant on 8 of 9 Claims in FDCPA Case

Account Recovery

A District Court judge in Pennsylvania has granted a defendant’s motion for summary judgment on seven of the nine violations of the Fair Debt Collection Practices Act it allegedly committed, denying the motion on the other two counts because the defendant failed to discuss one of the claims in its motion and because the judge […]