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August

3
2023
Trends

ARM Industry Claims Down Again in June

WebRecon’s latest report shows litigation increased across the board in June in Fair Debt Collection Practices Act, Telephone Consumer Protection Act and Fair Credit Reporting Act claims after a ramp up in May.

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August

3
2023
Industry News

Texas federal district court issues limited preliminary injunction

The Texas federal district court hearing the lawsuit challenging the validity of the CFPB’s final rule implementing Section 1071 of the Dodd-Frank Act (Rule) has issued an order that preliminarily enjoins the CFPB from implementing and enforcing the Rule “pending the Supreme Court’s reversal of [Community Financial Services Association of America Ltd. v. CFPB], a trial on the merits of this action, or until further order of this Court.” 

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August

3
2023
Industry News

Piedmont Advantage Credit Union issues a consumer alert on debit card surcharges

WINSTON-SALEM, N.C., Aug. 3, 2023 /PRNewswire/ -- Piedmont Advantage Credit Union (PACU) cautions businesses that process debit card payments as credit card transactions to not surcharge their customers as federal law prohibits this practice.

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August

3
2023
Industry News

Eleventh Circuit Overturns Salcedo, Holding that One Text is Sufficient for TCPA Standing

In a unanimous en banc decision, the Eleventh Circuit recently held that “a single unwanted, illegal telemarketing text message” is sufficient to allege a concrete injury under the TCPA. Drazen v Pinto, No. 21-10199, 2023 WL 4699939 (11th Cir. July 24, 2023) (en banc).

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August

3
2023
Industry News

CFPB Sues USASF Servicing for Illegally Disabling Vehicles and for Improper Double-Billing Practices

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court against auto-loan servicer USASF Servicing (USASF) for a host of illegal practices that harmed individuals with auto loans.

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