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December

27
2023
Industry News

California Appellate Court overturns ruling on FDCPA

On December 18, a California Court of Appeal overturned a lower court’s dismissal of a case involving claims under the federal FDCPA and California’s Rosenthal Fair Debt Collection Practices Act (Rosenthal Act).

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December

26
2023
Industry News

Attorney General James Sues SiriusXM Radio for Trapping Consumers in Unwanted Subscriptions

NEW YORK – New York Attorney General Letitia James today sued SiriusXM Radio, Inc. (SiriusXM) for trapping consumers in subscriptions and maintaining deliberately long and burdensome cancellation processes. An investigation by the Office of the Attorney General (OAG) found that SiriusXM forces its subscribers to call or chat online with an agent to cancel a subscription,

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December

26
2023
Industry News

ATTORNEY GENERAL MICHELLE HENRY ANNOUNCES SETTLEMENT THAT BANS FLORIDA-BASED MARKETING COMPANY FROM SENDING JUNK MAILERS TO PENNSYLVANIANS

HARRISBURG — Attorney General Michelle Henry announced a settlement with Florida-based marketing company, RMC Direct Mail Services, LLC, over allegedly deceptive warranty mailers sent to Pennsylvanians.

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December

26
2023
Industry News

The CFPB’s Chopra Cites a Need for Competition to Cap Card Acceptance Costs

Having taken aim at credit card late fees and interest rates, and having targeted non-bank digital wallet providers, Consumer Financial Protection Bureau Director Rohit Chopra has now indicated his regulatory agency is turning its attention to credit card acceptance costs.

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December

26
2023
Industry News

McHenry, Flood Lead Letter Urging CFPB to Extend Comment Period for Larger Participants Rule

The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Congressman Mike Flood (NE-01) led 18 of their colleagues on a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra requesting an extension of the comment period for the proposed rulemaking entitled, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.”

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