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August

1
2023
Industry News

Federal court halts CFPB small business lending rule for some

Monday, a federal court in Texas delayed implementation of the CFPB’s small business lending data reporting rule for the bankers’ associations that filed a lawsuit challenging the rule until the Supreme Court rules on the constitutionality of the bureau’s funding structure. The Supreme Court is scheduled to hear arguments for the case Oct. 3.

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July

31
2023
Industry News

11th Circuit changes course, says one text message sufficient for TCPA standing

On July 24, the full U.S. Court of Appeals for the Eleventh Circuit unanimously held that a plaintiff who receives a single, unwanted text message has standing to sue the sender of the message under the TCPA.

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July

31
2023
Industry News

Oregon Enacts Comprehensive Consumer Privacy Statute

On July 18, 2023, Oregon’s Governor signed Senate Bill 619 which enacts Oregon’s comprehensive consumer data privacy statute. Oregon joins California, Colorado, Connecticut, Indiana, Iowa, Montana, Tennessee, Texas, Utah, and Virginia in enacting a comprehensive consumer privacy law.

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July

31
2023
Trends

VantageScore CreditGauge™ June 2023: U.S. Consumers Used Credit More Cautiously as Delinquency Rates Rose and Stayed Elevated from a Year Ago

SAN FRANCISCO, July 28, 2023 /PRNewswire/ -- Today, VantageScore released CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. The average VantageScore credit score declined less than one point but remained at 702.

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July

31
2023
Industry News

99-year-old trucking company Yellow shuts down, putting 30,000 out of work

NEW YORK -- Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will layoff all 30,000 of its workers.

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