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February

12
2026
Industry News

Senator Warren Presses CFPB Acting Director Over Credit Card Fees and Agency Retrenchment

Senator Elizabeth Warren has sent a sharply worded letter to CFPB Acting Director Russell Vought that crystallizes an unusual moment in consumer financial services regulation: a populist-sounding call from President Trump to cap credit card interest rates at 10 percent, paired with what Warren characterizes as a deliberate dismantling of the very agency that would be central to implementing any such reform.

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February

12
2026
Industry News

Indiana Lawmakers Advance Medical Debt Reform Measures

Indiana legislators are moving forward with multiple proposals aimed at reshaping how medical debt is handled, with a focus on consumer protections, payment flexibility, and garnishment limits. Two key bills—Senate Bill 85 and Senate Bill 197—have drawn attention from policymakers, industry representatives, and consumer advocates as they progress through the 2026 legislative session.

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February

11
2026
Industry News

CFPB soliciting comments on how to improve Consumer Response Intake Form

In the request for comments, the CFPB states that it is soliciting comments on how to improve its Consumer Response Intake Form. The CFPB advises that Consumer Response Intake Form is designed to help consumers in submitting complaints, inquiries and feedback.

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February

11
2026
Compliance

One Month of Indiana’s Consumer Data Privacy Law . . . Where Do You Stand on Compliance?

Enforcement of the Indiana Consumer Data Protection Act (CDPA) has begun, and its penalties can add up quickly. The CDPA was signed in 2023 and became effective January 1, 2026. The law governs how covered businesses collect, use, disclose, store, and analyze “personal data,” i.e., nonpublic information linked or reasonably linkable to an identified or identifiable “consumer” (under the CDPA, a “consumer” is an Indiana resident acting for an individual, family, or household purpose).

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February

10
2026
Trends

Consumer Litigation and Complaint Volume Finish the Year on the Rise

Legal filings tied to major consumer protection laws accelerated late in the year, with December closing higher across several key categories and annual totals showing steady growth. Recent data from WebRecon points to expanding litigation activity and a continued increase in consumer complaints impacting the accounts receivable management sector.

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