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Home Daily Digest

Daily Digest – May 20. Judge Grants MSJ For Defendant in FDCPA Case Over Alleged Inconvenient Calls; More Regulation, More Enforcement at CFPB Following Supreme Court Ruling

mikegibb by mikegibb
July 8, 2024
in Daily Digest
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Judge Grants MSJ For Defendant in FDCPA Case Over Alleged Inconvenient Calls

  • A District Court judge in Nevada has granted a defendant’s motion for summary judgment and denied the plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that the defendant could not have known it was contacting the plaintiff at an inconvenient time after the plaintiff told the defendant he was at work and could not talk during a prior conversation.
  • More details here

More Regulation, More Enforcement at CFPB Following Supreme Court Ruling

  • Now that its future seems a little more secure and stable, the Consumer Financial Protection Bureau plans to start “firing on all cylinders,” its director, Rohit Chopra said on Friday. This includes beefing up the size of its enforcement unit and moving forward with new regulations, especially in the area of credit reports and credit scores, Chopra said.
  • More details here

CFPB Sues Online Lender for Deceptive Dark Patterns

  • The day after the Supreme Court ruled that its funding structure was constitutional. the Consumer Financial Protection Bureau filed a lawsuit against SoLo Funds, an online lending platform, for allegedly deceiving borrowers about the true cost of its loans. Marketed as a consumer-friendly alternative to high-cost, short-term loans, SoLo Funds has come under scrutiny for practices that the CFPB claims are misleading and exploitative. The company is also accused of attempting to collect on loans that were made unlawfully.
  • More details here

Compliance Digest – May 20

  • Perspective and insights from five compliance experts on five different topics, including bills introduced to erase all medical debt and to amend the Fair Debt Collection Practices Act, as well as insights into what three court cases mean for collectors in this week’s edition of the Compliance Digest. Thanks to Joann Needleman, David Schultz, Ethan Ostroff, Aylix Jensen, and Cooper Walker for participating.
  • More details here

WORTH NOTING: A security lapse that could let millions of people do laundry for free … Why we can’t get better sunscreen here in the United States even though skin cancer is the most common cancer in the country … The top 20 cities for adulterous behavior in the United States, according to Ashley Madison … “Spaving” is a trap that retailers are using to drain your wallet … Why you should be seeking out female doctors if you are going to have surgery … You have to make your employees happy first if they are going to make your customers happy … Are you interested in luxury fruit like a $400 pineapple? … How to remove your personal info from Google search results.

Music Monday, part I

Music Monday, 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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