JUDGE SANCTIONS DEFENDANT, CERTIFIES CLASS OF 300K WHO DID NOT HAVE CREDIT REPORTS UPDATED AFTER BK DISCHARGE
- A Bankruptcy Court judge in New York has certified a class of nearly 300,000 consumers for whom a furnisher failed to update their credit reports to discharged via bankruptcy from charged off while also sanctioning the furnisher for “repeated, lengthy, and willful discovery failures” including the submission of false affidavits and repeated misrepresentations to the Court.
EQUIFAX CONFIRMS ISSUES WITH SOME CREDIT SCORES
- Equifax has been telling lenders that about 12% of the credit scores it has been providing recently are inaccurate, likely a result of a coding error.
MORE FAMILIES MAKING FINANCIAL SACRIFICES AFTER CHILD TAX CREDITS EXPIRE
- The expiration of child tax credits that were put in place to help families during the COVID-19 pandemic is causing more parents and households to make tough choices, including skipping meals, giving up medical insurance and not paying medical bills, and using money saved for rainy days or emergencies to cover their expenses, according to the results of a recently released survey.
EXPERTS SHARE CONTEXT ON CASES IMPACTING ARM INDUSTRY
- Understanding the context and consequences of court rulings can be difficult. Thankfully, there are experts out there that can do it for us. Joann Needleman, Michael Klutho, David Schultz, Loraine Lyons, Carlos Ortiz, and Ron Canter break down the ins and outs of cases impacting the ARM industry in this week’s Compliance Digest, which is brought to you by Bedard Law Group.
WORTH NOTING: Returning to the office full-time is becoming a point of tension between employers and employees … Scenes from the red carpet at last night’s MTV Movie & TV Awards … If you’ve been invited to a wedding in the coming months, here is how you can save some money … Paying employees to quit seems counterintuitive in this job market, but one company is using it to success … Lessons learned from buying a home in a hot market … When you should say “no” at work … How much working from home is costing you … An app that seeks to waste the time of robocallers and keep them on the phone as long as possible.
Rating robots from movie and TV shows
Music Monday
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