CFPB SUES PAYDAY LENDER FOR HIDING REPAYMENT OPTIONS
- The Consumer Financial Protection Bureau yesterday filed a lawsuit against Populus Financial Group, which does business as ACE Cash Express, accusing the payday lender of hiding fee repayment plans from borrowers, allegedly inducing those consumers to pay $240 million in reborrowing fees.
APPEALS COURT VACATES RULING DENYING POSTJUDGMENT SANCTIONS MOTION IN FDCPA CASE
- The Court of Appeals for the Eleventh Circuit has overturned a lower court’s ruling that denied a defendant’s motion for sanctions in a Fair Debt Collection Practices Act case, ruling that sanctions motions are allowed to be filed after a final judgment is entered.
JUDGE GRANTS TRO AGAINST DEFENDANT IN FDCPA CASE
- It’s uncommon to see court rulings that relate to debt collection efforts that are ongoing, but that’s what we have in this situation. A District Court judge in Illinois has granted a plaintiffs’ motion for a temporary restraining order and preliminary injunction that orders the defendant in a Fair Debt Collection Practices Act case to stop engaging in abusive communications toward the plaintiffs.
24 COMPANIES LOOKING FOR COLLECTION TALENT
- During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location. If you are hiring, I encourage you to post your listing on the AccountsRecovery.net jobs board (it’s free).
WORTH NOTING: Want a heated seat in your BMW? You now have to pay monthly for that feature … Employees are willing to work for less if it means working from home … 4,000 beagles are in need of a home if you’re looking for a dog … How to organize your digital domain … The greatest places to visit if you’re in the mood for a vacation … Products that are at their lowest point ever and are available on Prime Day … Eight common credit score myths you should not believe … Five cool places in America where you can still buy a home for $150k or less.
How to work with a passive-aggressive co-worker
Movie Clip Wednesday
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