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February

23
2023
Industry News

CFPB Orders TitleMax to Pay a $10 Million Penalty for Unlawful Title Loans and Overcharging Military Families

WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans.

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February

23
2023
Industry News

Mark your calendar for these upcoming NCPW events

National Consumer Protection Week (NCPW) 2023 is coming up in two weeks, and we hope you’ll attend some of the virtual and in-person events. NCPW is a time when the FTC partners with organizations and individuals across the country to bring you information and advice on scams, identity theft, and other consumer protection issues.

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February

23
2023
Industry News

Supreme Court rules 9-0 that bankruptcy filers can't avoid debt incurred by another's fraud

The Supreme Court in a unanimous decision Wednesday ruled that a California woman could not use U.S. bankruptcy code protection to avoid paying a $200,000 debt that resulted from fraud by her partner.

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February

22
2023
Compliance

CFPB warns card issuers on credit reports

The Consumer Financial Protection Bureau last week put credit card issuers on notice that it doesn’t like their newfound practices of limiting reporting on consumer credit card payments.

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February

22
2023
Industry News

Judge rules Idaho Attorney General can intervene in medical debt lawsuit

IDAHO FALLS – A judge ruled Tuesday that Idaho Attorney General Raul Labrador’s office will be allowed to intervene in a lawsuit to argue for the constitutionality of the Idaho Patient Act.

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