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August

29
2023
Trends

US auto sales hint slowdown as economic woes weigh - S&P Global Mobility

Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing early signs of a slowdown, S&P Global Mobility said on Monday.

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August

29
2023
Industry News

CFPB Reaches Multibillion Dollar Settlement with Credit Repair Conglomerate

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) entered into a proposed settlement with a ring of corporate entities operating some of the largest credit repair brands in the country, including Lexington Law and CreditRepair.com. The agreement follows a ruling from the court that the companies collected illegal advance fees for credit repair services through telemarketing in violation of federal law.

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August

29
2023
Industry News

District Court denied motion to dismiss CFPA and FDCPA claims against debt buyers

On August 22, the U.S. District Court for the Western District of New York refused to dismiss CFPA and FDCPA claims brought by the CFPB that alleged violations related to misrepresentations made to debtors by debt collectors.

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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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