The Federal Trade Commission and Wisconsin Attorney General have entered into settlements with a group of auto dealerships, their current and former corporate owners, and their general manager for allegedly engaging in unlawful discrimination in connection with financing offered to customers and for allegedly engaging in deceptive practices in connection with the sale of add-on products.
(COLUMBUS, Ohio) — Ohio Attorney General Dave Yost is suing a Florida man who employed harassing and abusive tactics to try to collect debts from Ohio consumers. “After strong-arming his way to collecting on notes, he himself better be ready to face the music,” Yost said. “Harassment is no way to do business, and it makes this bad actor morally bankrupt.”
Today, the Biden-Harris Administration announced that the U.S. Department of Commerce, through the National Institute of Standards and Technology (NIST), will establish the U.S. Artificial Intelligence Safety Institute (USAISI) to lead the U.S. government’s efforts on AI safety and trust, particularly for evaluating the most advanced AI models. USAISI will support the responsibilities assigned to the Department of Commerce under the historic executive order that President Biden signed earlier this week.
You can’t have a successful business, no matter the business, if you don’t attract customers. When it comes to today’s world of evolving financial markets and fluctuating interest rates, consumers are becoming more discerning when choosing their financial institutions for credit products.
The seven-member committee provides critical feedback to the DFPI as it creates its debt collection licensing program. The committee also advises DFPI Commissioner Clothilde V. Hewlett on matters related to the debt collection business, including proposed fee schedules and other requirements.
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