Collector Facing FDCPA Class Action for Allegedly Attempting to Collect on Medicare Debt
- A collection operation is facing a Fair Debt Collection Practices Act class-action lawsuit because it allegedly attempted to collect on a debt where the plaintiff was a beneficiary of Medicare or Medicaid in which the suit alleges the defendant violated a section of the statute that you don’t often see in these types of lawsuits.
- More details here
- This series is sponsored by WebRecon
CFPB Orders Wise to Pay $2.5M Over Misleading Fee Disclosures
- The Consumer Financial Protection Bureau, with Rohit Chopra still at the helm, announced an enforcement action yesterday — it’s first under the Trump administration — against international remittance company Wise, requiring it to pay nearly $2.5 million for allegedly deceiving U.S. consumers and violating federal laws governing electronic fund transfers. The CFPB alleges Wise inaccurately advertised ATM fees, failed to properly disclose exchange rates and other charges, and did not promptly refund fees when funds arrived late.
- More details here
Bills Introduced in House, Senate to Defund CFPB
- Bills have been introduced in both the House of Representatives and Senate this week that would defund the Consumer Financial Protection Bureau and Republicans are reportedly looking to use a special procedure that would allow the bill to pass with just a simple majority in the Senate.
- More details here
Collection Law Firm Discloses Data Breach
- A creditor’s rights law firm based in Kansas has disclosed it was the victim of a ransomware attack, with the records of more than 150,000 individuals being involved, according to information that was posted to a website managed by the Maine Attorney General.
- More details here
WORTH NOTING: People who are a lot better a ping pong than you and I are … How to cut costs and spend less — but not hurt anyone’s feelings — when it comes to social events like weddings and birthday parties … Is this the next acting director of the Consumer Financial Protection Bureau? … White House stenographers are struggling to keep up with President Trump … People are flocking to Chili’s … Coffee experts dish on their favorite espresso machines and drip brewers … How to influence anyone who disagrees with you … People in Pennsylvania with unclaimed property may start getting checks in the mail.
Funny Friday, part I
Funny Friday, part II
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