Collector Facing FCRA, FDCPA Suit Over Debt Parking Allegations
- What makes being in the credit and collection industry so frustrating, is that you can do everything by the book and it still doesn’t stop someone from suing you. In this case, a collection operation is claims it violated the Fair Credit Reporting Act and Fair Debt Collection Practices Act after the consumer received an alert about a debt being added to her credit report.
- More details here
- This series is sponsored by WebRecon
Judge Dismisses FDCPA Suit Over Letter Sent in Plain Envelope
- A District Court judge in California has granted a motion to dismiss filed by a defendant in a Fair Debt Collection Practices Act suit, after the plaintiff claimed that using a plain white envelope to send a collection communication was misleading, among other claims.
- More details here
Mass. AG Settles With Student Loan Lender Over Use of AI
- I don’t check every state Attorney General website every day, but I am fairly confident in saying that this is one of the first consumer protection enforcement actions from a state related to the use of artificial intelligence. Massachusetts Attorney General Andrea Joy Campbell has announced a $2.5 million settlement with student loan provider Earnest Operations, marking a significant enforcement action at the intersection of AI, fair lending, and consumer protection.
- More details here
Rhode Island Enacts Medical Debt Credit Reporting Ban
- The governor of Rhode Island has signed a medical debt credit reporting bill into law, introducing some of the most stringent protections for consumers with medical debt in the country.
- More details here
WORTH NOTING: A report on how one woman used ChatGPT to get out of thousands of dollars in debt … The price of stamps is going up again this weekend … The best movie stunts of all time … Before and after photos that show the devastation in Texas after last week’s floods … How to avoid getting “office chair butt” … Want a better memory? Think happy thoughts … Make sure to celebrate National Slurpee Day … It’s been years since it was this hard for people to find jobs.
Funny Friday, part I
Funny Friday, part II
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