Suit Accuses CRAs, Collection Operation of Not Investigating Dispute on Three Occasions
- If at first you don’t succeed, try, try again the old saying goes. But did you know there was a second part to that old chestnut? It goes: When that doesn’t work, file a lawsuit. A plaintiff has filed a lawsuit in the District Court for the District of Minnesota, accusing the three credit reporting agencies of violating the Fair Credit Reporting Act and a debt collector of violating of violating the FCRA and the Fair Debt Collection Practices Act for failing to perform a reasonable investigation of her dispute, which she filed on three separate occasions after not getting the result she was looking for.
- More details here
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Judge Grants MTD in FDCPA Case Over Whether ‘Not a Good Time to Talk’ Made Future Calls Inconvenient
- In a case that was defended by the team at Martin Golden Lyons Watts Morgan, a District Court judge in Oklahoma has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the defendant did not violate the statute when it contacted the plaintiff and left a voicemail at roughly the same time of day that the plaintiff had previously indicated that it wasn’t “a good time to talk.”
- More details here
California Legislature Sends Medical Debt Credit Reporting Bill to Governor for Approval
- California is poised to become the eighth state to ban medical debt from appearing on credit reports, pending Gov. Gavin Newsom’s signature. Both houses of the state legislature have passed SB 1061, although there were some amendments, to the disappointment of the bill’s sponsor, that changed how medical debt is defined under the proposal.
- More details here
CFPB Fines Lender $2.25M for Misleading Veterans on Loan Costs
- The Consumer Financial Protection Bureau yesterday announced a $2.25 million civil penalty against New Day Financial for deceiving veterans and active-duty servicemembers in connection with cash-out refinance loans. This action comes after the CFPB found that the lender provided misleading cost comparisons to borrowers in North Carolina, Maine, and Minnesota, falsely making its loans appear less expensive than they were.
- More details here
WORTH NOTING: This weekend, sleep in. It might help you live longer … How to read political polls like a pro … If you are too tired to cook when you get home from work, you are definitely not alone … Here is a list of 10 movies you should be streaming right now … The best way to fold and store your sheets … A Wells Fargo employee clocked in at 7am on Friday and was found dead at her desk four days later … A CEO shares the top 🚩 he sees in his employees when it comes to not being self-aware … Why you should avoid glamor shots when it comes to your passport photo.
Funny Friday, part I
Funny Friday, part II
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