Missouri Appeals Court Denies Motion to Compel Arbitration, Rules Clear Link in Chain of Assignments Lacking
- For the second time, the Missouri Court of Appeals has denied a motion to compel arbitration filed by a debt buyer seeking to discharge a Fair Debt Collection Practices Act suit, ruling that the plaintiff has not done enough to support the chain of assignments that led to its ownership of the account.\
- More details here
Report Looks at the Impact of Student Loan Debt Forgiveness on Individuals’ Financial Situations
- A report from The Wall Street Journal this weekend looks at the impact that having student loan debt forgiven is having on those individuals, ultimately reaching the conclusion that while some may be sleeping a little easier at night, a better financial situation is not guaranteed.
- More details here
CFPB Vows Forbearance on Enforcing BNPL Rule
- The Consumer Financial Protection Bureau will not penalize Buy Now, Pay Later companies for violations of interpretive rules it introduced earlier this year, pointing to the efforts those companies have made to fall in line, CFPB Director Rohit Chopra announced on Friday.
- More details here
Compliance Digest – August 19
- Insights on five different court rulings, and bills at the state and federal level await you in this week’s Compliance Digest. Check out what Nick Prola, Stefanie Jackman, Marissa Coyle, Chuck Dodge, David Schultz, Brit Suttell, and Laurie Nelson have to say on the compliance topics shaping the ARM industry today.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: Elementary and high school students share back-to-school advice … How to know if you have been caught up in the Social Security number breach … Which fast food meals offer you the best bang for your buck … One-in-three people wait less than six seconds for your site to load before leaving … Is pumpkin spice falling from grace as the top Fall flavor? … How companies are designing work resorts to lure back workers to the office … It’s time to start getting ready for college football season … An apostrophe battle is brewing for grammar nerds everywhere.
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.
