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Home Daily Digest

Daily Digest – May 7. Plaintiff Files 10 Lawsuits Against Collectors Accusing them of Violating FCRA; CFPB Assesses $5M in Fines and Penalties Over Student Loan Servicing Issues

mikegibb by mikegibb
July 8, 2024
in Daily Digest
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Plaintiff Files 10 Lawsuits Against Collectors Accusing them of Violating FCRA

  • April 29 was a busy day for Esther Baines of Winter Springs, Florida. It was on this day that she filed 10 different lawsuits, all against different collection operations, accusing them of violating the Fair Credit Reporting Act by making unauthorized inquiries on her credit report. Each of the suits was filed in the District Court for the Middle District of Florida.
  • More details here
  • This series is sponsored by WebRecon

CFPB Assesses $5M in Fines and Penalties Over Student Loan Servicing Issues

  • The Consumer Financial Protection Bureau yesterday announced an enforcement action against the National Collegiate Student Loan Trusts (NCSLT) and Pennsylvania Higher Education Assistance Agency (PHEAA) over a series of servicing failures, including mishandling borrower requests during the COVID-19 pandemic. The two entities will pay more than $5 million in fines and restitution to consumers.
  • More details here

Judge Denies MTD in FDCPA Case Over Unpaid Rent

  • A District Court judge in California has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act suit, ruling the arguments raised by the defendant were not applicable at this stage of the proceedings.
  • More details here

Second Annual Debt Gala Raises Funds for Debt Charities

  • On Sunday night in Brooklyn, the second annual Debt Gala was held. The event, timed to coincide with the annual Met Gala, is aimed at raising money to increase awareness of consumer debt and healthcare inequality. It is a costume party, similar to the Met Gala, but all the costumes are meant to be handmade. This year’s theme was “Sleeping Baddies: Slumber Party” and attendees were asked to come in their best bedtime outfits.
  • More details here

WORTH NOTING: The best looks and outfits from last night’s Met Gala … More consumers are avoiding name brands as a means of saving money … Artificial intelligence has helped Randy Travis sing again … Is this the most boring man in the world? … Most people do not want to sit for long movies … Just in time for Mother’s Day – the top 100 restaurants for brunch … There is no such thing as a small fender bender anymore … What are they going to call it if it doesn’t have a blade?

Trailer Tuesday, part I

Trailer Tuesday, part II

The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.

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