Judge Grants MSJ for Plaintiff in FDCPA Case Over Expired Judgment
- A District Court judge in Washington has denied a defendant’s motion for summary judgment and granted the plaintiff’s motion in a Fair Debt Collection Practices Act case revolving around the alleged expiration of a judgment.
- More details here
CFPB Sues Online Lender for Deceiving Consumers
- The Consumer Financial Protection Bureau (CFPB) on Friday announced that it filed a lawsuit against a company and its former CEO, accusing them of engaging in illegal lending activities. The CFPB alleges that the company used deceptive tactics, including dark patterns, to trap consumers in high-cost credit agreements disguised as leases, thereby evading consumer financial protection laws. The suit comes just days after the company had preemptively filed a suit of its own against the CFPB to block the pending enforcement action.
- More details here
Legalized Sports Betting Hurting Consumers’ Financial Health: Study
- For those who have models or analytics to help them determine whether an individual is likely to repay a debt, have you considered whether sports betting in that state is legal or not? You may, after the results of a research paper that was published. The legalization of sports betting across the United States has coincided with concerning trends in consumer financial health, particularly in states allowing online and mobile wagering.
- More details here
Compliance Digest – July 29
- Seven different legal experts — David Kaminski, Nabil Foster, Brendan Little, Aylix Jensen, Heath Morgan, Chuck Dodge, and David Shaver — share their perspectives and insights into what recent legal rulings mean for you and your operation in this week’s Compliance Digest.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: Tips and hacks to help you stay cool without air conditioning … Recommendations from experts about when to get your kid a smartphone … Talk about getting lucky. This guy deserves a medal for picking a winning lottery ticket out of the trash … There are a lot of failures behind the GoFundMe success stories you read about … If you’re in the market for a house, you may want to look into something called an assumable mortgage … How to take advantage of National Chicken Wing Day … How people are hacking their lawns and pools to make more money … One of the most famous bikini’s in history just went for $175,000.
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.
