FCRA Claim Dismissed After Plaintiff Fails to Allege Dispute Was Sent Through Credit Bureau
- A District Court judge in New York has granted a defendant’s motion to dismiss claims it violated the Fair Credit Reporting Act when it reported an unpaid insurance debt to the plaintiff’s credit report.
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Judge Grants MSJ For Defendant After Borrower Tried to Force Arbitration Mid-Litigation
- A District Court judge in New Jersey has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case using a doctrine I’ve never heard of before.
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Student Loan Repayment Shake-Up: Appeals Court Orders End to SAVE Program
- A federal appeals court has cleared the way for the end of the Saving on a Valuable Education (SAVE) repayment plan, a program that lowered monthly payments for millions of federal student loan borrowers. The decision could have ripple effects across the credit and collection ecosystem, as many borrowers who had been paying little or nothing under the plan may soon face significantly higher monthly bills. With more than 7 million borrowers enrolled in SAVE and millions more affected by related repayment rules, the ruling raises questions about borrower affordability, repayment behavior, and how rising student loan obligations may affect consumers’ ability to manage other debts.
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Report Finds Republican Voters Carry Higher Average Medical Debt Than Democrats
- Medical debt remains one of the most significant financial burdens facing American households, and a new analysis suggests that the problem is especially pronounced among Republican voters. According to a report from the policy organization Third Way, Republican voters collectively carry an estimated $70 billion in medical debt compared with roughly $65 billion for Democratic voters. The report also found that Republican voters tend to carry higher balances per person, a trend that reflects broader demographic and economic factors that shape both health care costs and voter behavior.
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37 Companies Seeking Collection Talent
- Check out this week’s job listings summary for more than three dozen creditors, healthcare providers, debt collectors, debt buyers and more who are hiring.
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WORTH NOTING: More Americans are dipping into their retirement savings … Which are the 10 happiest cities in the United States … The president has started handing out dress shoes to friends and advisors … A growing number of Americans think the country should ban the practice of tipping … Amazon has launched a healthcare AI Assistant on its website and app … Bam Adebayo went off for the second-most points ever scored in an NBA game last night … Buc-ee’s did not get a passing grade from the Better Business Bureau … A look at the new emojis that are going to be available on your phone.
Wisdom Wednesday, part I
Wisdom Wednesday, part II
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