Unhappy With Dispute Investigation Results Leads Consumer to File FCRA Suit Against Debt Buyer
- The exotic, sovereign-citizen, you-threatened-to-have-me-arrested-after-calling-me-37-times-in-one-day-on-my-cell-phone-using-an-autodialer-after-I-revoked-consent cases can be fun to read. But the majority of suits that are filed against companies in the credit and collection industry aren’t that quirky. Most times, it’s a suit filed by a consumer who just didn’t get what he or she wanted. A debt buyer is facing claims it violated the Fair Credit Reporting Act because a consumer disputed a debt that he felt was inaccurate and the debt buyer verified the information was accurate.
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- This series is sponsored by WebRecon
With Money Running Out, CFPB Hands Off Enforcement Work to DOJ
- The Consumer Financial Protection Bureau is preparing to transfer all remaining enforcement cases and regulatory litigation to the Department of Justice as it warns staff it will run out of money at the end of the year, according to multiple reports and individuals familiar with the agency’s plans.
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Court Says FDCPA Claim Over Signing Bonus Can Proceed, Dismisses FCRA Claim
- A District Court judge in Pennsylvania has partially dismissed a suit filed by a consumer alleging violations of the Fair Credit Reporting Act and Fair Debt Collection Practices Act over attempts to collect an employment signing bonus that was not fully repaid.
- More details here
Minnesota Regulator Issues Enforcement Actions
- State regulators in Minnesota have issued two separate enforcement actions against collection agencies — one for threatening lawsuits it did not intend to file, and another for collecting while unlicensed and misrepresenting its licensing status.
- More details here
WORTH NOTING: More consumers are going to be relying on credit cards to make holiday purchases this year … To combat that, here are some holiday shopping money-saving tips … If you were looking for tips on how to spot whether something was written by AI, Wikipedia may have the best guide … Nearly 60% of adults are using generative AI tools like ChatGPT to be more productive … This might be a fun game to play around the Thanksgiving Day table next week: Guess who’s stoned … Only half of new jobs are offering employees health insurance, many of whom are willing to accept a lower salary for better healthcare … Gift baskets are popular during the holidays. Here are some of the best options … Here are some parent-approved tips for traveling with young children.
Funny Friday, part I
Funny Friday, part II (NSFW language)
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