Daily Digest – May 20. Santander Reaches $550M Settlement; Ontario Systems Buys Payment Processor
SANTANDER REACHES $550M SETTLEMENT WITH STATE AGs OVER ALLEGED DECEPTIVE LENDING, COLLECTION PRACTICES A group of nearly three dozen state...
Judge Grants MTD in FDCPA Case Over Alleged Amount Discrepancy
A District Court judge in Illinois has granted a defendant's motion to dismiss after it was sued for violating the...
Santander Reaches $550M Settlement With State AGs Over Alleged Deceptive Lending, Collection Practices
A group of nearly three dozen state attorneys general, led by Kwame Raoul, the attorney general of Illinois, yesterday announced...
Ontario Systems Buys Payment Processing Company
Looking to expand its suite of products and services offered to the credit and collection industry, Ontario Systems announced yesterday...
CFPB Extends Comment Period on Proposed Time-Barred Debt Rule; Only 18 Comments Filed So Far
The Consumer Financial Protection Bureau yesterday extended the comment period for its Supplemental Notice of Proposed Rulemaking (SNPRM) on time-barred...
Daily Digest – May 19. Former PRA Employees File Class-Action Suit Against Company; Building a Playbook for Re-Opening the Office
FORMER PRA EMPLOYEES FILE CLASS-ACTION LAWSUIT AGAINST COMPANY A class-action lawsuit has been filed against Portfolio Recovery Associates by former...
Calif. Lawmaker Renews Push for State Licensing Law
The sponsor of a bill in California that would require collection agencies to obtain licenses has said it is "more...
Building a Playbook for Re-Opening the Office
If there is one thing that is consistent about the decision-making process and steps that will be taken by companies...
Judge Grants MSJ For Defense in FDCPA Case Over Meaningful Involvement
A District Court judge in Wisconsin has granted a defendant's motion for summary judgment after it was sued for violating...
Former PRA Employees File Class-Action Lawsuit Against Company
A class-action lawsuit has been filed against Portfolio Recovery Associates by former employees of the company who allege the collection...
