Collector Facing FDCPA Suit For Leaving ‘Dog Whistle’ Messages with Family Members
- A collector is facing a Fair Debt Collection Practices Act lawsuit for calling the family members of the plaintiff and leaving messages that were used as “illegal collection dog whistles” to allegedly coerce the plaintiff into paying the debt.
- More details here
- This series is sponsored by WebRecon
Judge Rules Plaintiff has Standing in FCRA Case Over Disputed Debt, but Still Dismisses Case
- Reporting errant payment obligations to a credit reporting agency may be enough for a plaintiff to have standing to sue under the Fair Credit Reporting Act, a federal judge has ruled — joining a growing number of courts to make such a determination — but it still isn’t enough for the plaintiff to state a claim, leading the judge to dismiss the suit.
- More details here
17M Consumers Compromised in Ransomware Attack at Mortgage Lender
- More than 16 million consumers had their sensitive personal information stolen in a ransomware attack earlier this month that has crippled one of the nation’s largest lending operations and still has some of their online services inaccessible.
- More details here.
Synchrony Buys POS Business from Ally Financial
- Synchrony Financial yesterday announced it had acquired the point-of-sale business from Ally Financial, specifically targeting the home improvement sector. The acquisition adds $2.2 billion of receivables to Synchrony’s portfolio and improves its position and exposure in the FinTech space.
- More details here
PRA Group Names Keith Warren as New Head of Risk and Compliance
- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Keith Warren as chief risk and compliance officer (CRCO), effective Jan. 29.
- More details here.
WORTH NOTING: Tumblers that are superior to the Stanley model … How to start a new habit … The new hot money trend? Something called “loud budgeting” … The hot sauce brands that Americans love most, according to Instacart … A deepfake robocall allegedly from President Biden urging voters not to vote went viral yesterday … Ranking the possible Super Bowl match-ups from worst to best … Here are 12 ways to upgrade your Wi-Fi and make your Internet faster … Great performances that did not receive Academy Award nominations.
Trailer Tuesday, part I
Trailer Tuesday. part II
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