Collector Sued for Disclosing Debt Would be Removed if Paid, but Wasn’t on Credit Report to Begin With
- A collection operation is facing a Fair Debt Collection Practices Act lawsuit because it disclosed in a collection letter that it was reporting a debt to all three major credit reporting agencies, but the debt did not appear on credit reports from two of the three agencies.
- More details here
- This series is sponsored by WebRecon
N.J. Appeals Court Affirms Dismissal of FDCPA Case for Lack of Jurisdiction
- The Appellate Division of the Superior Court of New Jersey has affirmed a lower court’s ruling in favor of a defendant that was sued in New Jersey small claims court for violating the Fair Debt Collection Practices Act, agreeing with the lower court that the suit was filed in the wrong jurisdiction.
- More details here.
Judge Expands Injunction Blocking Enactment of CFPB’s Small Business Lending Rule
- A federal judge in Texas has expanded the stay against the Consumer Financial Protection Bureau’s plan to enforce a rule designed to combat gender and racial discrimination in small business lending to cover all financial institutions impacted by the rule. The judge had initially issued a preliminary injunction back in August the applied only to the plaintiffs in the case — members of the Texas Bankers Association and the American Bankers Association.
- More details here.
Half of Working-Age Americans Struggling to Pay for Healthcare
- The Commonwealth Fund released a report yesterday on healthcare affordability, which is based on a survey it conducted of more than 6,000 consumers nationwide. Many Americans are struggling to afford healthcare and one-third of the survey’s respondents said they were overwhelmed with medical debt. Here are some of the survey’s key findings.
- More details here.
WORTH NOTING: Here is a list of baby names that ruled the millennium … People don’t seem to be fans of United’s new boarding procedure of letting window-seat passengers board first … A lot of Americans are feeling skittish about the level of their emergency savings … In honor of the start of the World Series, here is a list of the five best Fall Classics ever … More Americans are raiding their retirement accounts to cover their emergency savings … Makers and sellers of deodorant are the winners in the return-to-work movement … It pays to be a DINK … The truth behind the biggest and dumbest myths about batteries.
Funny Friday, part I
Funny Friday, part II
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