Alleged ID Theft Victim Sues Collector for Reporting Disputed Apartment Debt
- A collector is being accused of violating the Fair Debt Collection Practices Act because it attempted to collect on a debt that the plaintiff claims is a result of his identity being stolen.
- More details here
- This series is sponsored by WebRecon
Judge Grants Injunction to Bar Alleged Scammers From Harming Elderly, Veterans
- A federal judge in Oklahoma has issued a preliminary injunction barring three individuals and the two companies they operate from continuing a fraudulent debt collection scheme that targeted older adults and veterans after prosecutors filed a civil complaint against the defendants yesterday.
- More details here.
Bills Introduced in House, Senate to Change CFPB’s Funding Structure
- Not content to rely and wait for the Supreme Court to issue its ruling on whether the funding structure of the Consumer Financial Protection Bureau is constitutional or not, companion bills were introduced in the House of Representatives and Senate yesterday that aim to put the Bureau under the Congressional appropriations process.
- More details here.
CFPB Publishes Proposed Open Banking Rule
- The Consumer Financial Protection Bureau yesterday proposed its long-awaited open banking rule, which is intended to increase competition among financial services institutions for consumers’ business and would require institutions to share information with each other at the request of consumers.
- More details here.
WORTH NOTING: The 30 best and most surprising “little things” that bring people happiness, according to new research … The most nutritious vegetables, according to experts … Self-checkout is a failed experiment … Why embracing boredom in the workplace isn’t necessarily a bad thing … How “Seinfeld” helped turn one man’s life around … Boomers are catching up with Generative AI faster than members of Generation Z, according to Microsoft … Patrick Mahomes may have an extra job this weekend … Big banks are quietly laying off thousands of employees, and more cuts are coming.
Funny Friday, part I
Funny Friday, part II
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