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February

26
2024
Industry News

Tlaib Introduces Bill to Address Youth Homelessness

DETROIT —Today, Congresswoman Rashida Tlaib (MI-12) introduced the Youth Homelessness Guaranteed Income Pilot Program Act. This bill establishes a new way to address youth homelessness in our country.

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February

26
2024
Industry News

Congress Continues to Pressure Zelle and Other Payment Apps to Change Their Fraud Policies

On February 15, Senators Sherrod Brown (D-OH), Jack Reed (D-RI) and Elizabeth Warren (D-MA) sent a letter to Zelle seeking clarification of its reimbursement policy for victims of imposter scams.

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February

26
2024
Industry News

Third Circuit Finds Pennsylvania’s Consumer Discount Company Act Does Not Apply to Debt Collectors

In representing fintech companies and other lenders, we increasingly confront claims against debt buyers or entities with bank partner relationships brought under Pennsylvania’s Consumer Discount Company Act (CDCA) and the Loan Interest and Protection Law (LIPL).

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February

26
2024
Trends

NFCC Financial Stress Forecast℠ Predicts Growing Consumer Discomfort in First Quarter of 2024

WASHINGTON — Despite an easing of inflation and reports of improved consumer confidence, the NFCC Financial Stress Forecast℠ indicates that American families are feeling their budgets stressed even more during the first quarter of 2024 than at any time in the last three years.

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February

26
2024
Industry News

Daily Decision Recap: Mortgage Statements, Identity Theft, and More

Each week, ACA International’s compliance team covers relevant case summaries for ACA members. Here’s a rundown of recent top FCRA, TCPA and FDCPA cases we’ve covered.

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