CFPB Cancels Debt Collection Survey
The Consumer Financial Protection Bureau has withdrawn its request to conduct a survey of individuals related to debt collection disclosures....
How Hospitals Are Getting Better At Collections
For Tenet Healthcare Corp., collecting on debts is far more profitable than trying to cure sick people. A feature in...
How Political Affiliations Affect Financial Expectations
Individuals in counties that tend to vote Republican are becoming more pessimistic about their financial futures than individuals who live...
Report Breaks Down Student Loan Debt Across NYC
Student loan borrowers in the Bronx are the worst in New York City at repaying their debts, according to a...
New Orleans Judges Accused of Profiting Off People Who Couldn’t Pay Their Debts
A federal judge in Louisiana last week ruled that criminal court judges in New Orleans have been taking advantage of...
Payment Processor That Help Facilitate Fraud On Hook For $1.7M Judgment
A ruling from the Eleventh Circuit Court of Appeals, upholding a verdict from the District Court for the Middle District...
Community Legal Service Receives $175k in Unexpected Windfall
Legal Action of Wisconsin has received $175,000 in cy pres awards after plaintiffs in a pair of class-action lawsuits failed...
Data Freeze Impacting CFPB Examinations: Report
There appears to be a lack of clarity from the acting director of the Consumer Financial Protection Bureau, which is...
Daily Digest – December 15. One Contact From Attorney Enough To Merit Jurisdiction, Court Rules; Low-Income Families Better Off Keeping Cash Than Paying Off Debt: Study
The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs,...
Credit Union Group Wants Exemption From CFPB Debt Collection Rules Because They Are Not ‘Nefarious’
The National Association of Federal Credit Unions has submitted a letter to the Consumer Financial Protection Bureau, reiterating its request...
