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August

28
2023
Industry News

Are consumers overspending? Delinquencies on payments have sharply increased | Tatiana Bailey

The national and local economies have been performing better than expected, especially given that interest rates have not been this high since the early 2000s.

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August

28
2023
Industry News

Minnesota AG Puts Spotlight on Medical Billing Practices

Minnesota AG Keith Ellison announced his office will take proactive measures to renew its focus on medical-billing practices in Minnesota, including holding public listening sessions and collecting online submissions regarding consumers’ experiences with medical billing.

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August

28
2023
Industry News

Data Media Associates Announces MOVEit-Related Data Breach

On August 23, 2023, Data Media Associates, LLC (“DMA”) filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized party was able to access confidential consumer information stored on a third-party software platform called MOVEit.

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August

25
2023
Trends

Household debt is at an all-time high, but 2008 was still worse, report finds

In the second quarter of 2023, total credit card debt surpassed $1 trillion for the first time ever, which helped bring total household debt to $17.06 trillion, also a fresh record, according to the New York Federal Reserve.

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August

25
2023
Industry News

Attorney General Josh Stein Statement on Unfair Real Estate Agreements Act

(RALEIGH) Attorney General Josh Stein today joined Gov. Roy Cooper as the Governor signed the Unfair Real Estate Agreements Act into law. The attorney general’s office worked closely with legislators and stakeholders to draft the bill. The Unfair Real Estate Agreements Act will prohibit companies from using oppressive and excessively long-term agreements that undermine a person’s ownership of their home.

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