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Home Daily Digest

Daily Digest – July 8. Judge Dismisses Case Involving Assigned Claim; CFPB Issues Guidance on FCRA’s Permissible Purpose Requirements

mikegibb by mikegibb
July 8, 2022
in Daily Digest
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WDWA JUDGE DISMISSES CASE INVOLVING ASSIGNED CLAIM

  • A District Court judge in Washington has joined his brethren in Oklahoma and dismissed a Fair Debt Collection Practices Act case filed by an individual who was assigned a claim from a consumer, ruling the plaintiff lacks standing to sue.

CFPB ISSUES GUIDANCE ON FCRA’S PERMISSIBLE PURPOSE REQUIREMENTS

  • The Consumer Financial Protection Bureau yesterday issued another advisory opinion yesterday with respect to the Fair Credit Reporting Act, this time tackling the permissible purpose requirement of the statute, while also issuing a reminder that there are circumstances under which violators of the FCRA could face criminal prosecution.

COMPLAINT ACCUSES COLLECTOR OF VIOLATING REG F BECAUSE OF SIZE OF EMAIL OUT-OUT DISCLOSURE

  • A complaint has been filed, accusing a company of violating the Fair Debt Collection Practices Act and Regulation F for not making the opt-out disclosure in an email sent to a consumer clear and conspicuous enough and for mentioning in the email that paying a debt “may improve” the individual’s credit score even though the debt was not being reported to a credit reporting agency. This content is sponsored by WebRecon.

COLLECTION AGENCY VICTIM OF CYBER ATTACK

  • A collection agency based in Colorado was the victim of a ransomware attack that affected more than 650 of its healthcare clients, according to published reports.

WORTH NOTING: A woman has gone viral for dominating the awards at her county fair … How your tires can help you save on gas … How to teach your brain to reframe negative thoughts … What to do when you’re being bothered by a chatty coworker … A cruise expert on why this is the perfect time to sail … Pringles wants to name a spider after itself … More than 1 billion hours of the new season of “Stranger Things” have been watched so far … This does not sound like a good way to go.

Funny Friday, part I

Funny Friday, part II

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