On July 7, the U.S. District Court for the Eastern District of New York granted a debt collector’s motion to dismiss a plaintiff’s claims brought on a class basis under the Fair Debt Collection Practices Act (“FDCPA”).
The case arose out of a debt collection letter that
In a memorandum dated June 30, the Connecticut Department of Banking stated that it will take no action against licensed consumer collection agencies who collect student loan debt if the licensed consumer collection agencies do not have a license to service student loans. The Department stated that consumer collection agencies who collect student loan debt
Defendants World Law Debt Services, LLC, World Law Processing, LLC, and Family Capital Investment & Management LLC, face a potentially hefty penalty after failing to respond to a complaint filed by the Consumer Financial Protection Bureau relating to alleged illegal debt relief services.
According to a complaint filed in the Southern District of Florida in
On July 8, European Union member states approved the Trans-Atlantic Privacy Shield data transfer deal, finally paving the way for the pact to be formally approved by EU and U.S. officials on July 12.
The Article 31 committee, which is made up of representatives of each EU member state, held their highly anticipated final
On June 28, the Consumer Financial Protection Bureau released its Monthly Complaint Report, which aims to provide “a high-level snapshot of trends in consumer complaints” concerning products such as auto loans, installment loans, and title loans. The CFPB claims that since it began collecting such complaints in July 2011, it has handled a total
On July 5, the Federal Communications Commission released a declaratory ruling that held that the Telephone Consumer Protection Act does not apply to calls made by or on behalf of the federal government in the conduct of official government business.
The TCPA makes it unlawful for any “person” to place certain calls to wireless telephone
On June 27, the Federal Trade Commission issued an alert regarding new amendments to the Telemarketing Sales Rule (“TSR”) that are now in effect. The new amendments prohibit telemarketers from using three types of commonly abused payment methods: cash-to-cash money transfers (such as MoneyGram), PIN numbers from cash reload cards
A recently introduced House bill would provide a mechanism to let states opt out of the CFPB’s newly announced rules regulating payday, auto title, and other short-term, small dollar loans. On June 21, Congressman Scott Tipton (R-Colo.) introduced H.B. 5552 which would effectively amend the CFPB’s recently proposed rules. If passed,
On July 1, the U.S. District Court for the Southern District of California granted plaintiffs’ motion for preliminary approval of a $4.5 million class action settlement in a Telephone Consumer Protection Act case.
According to the complaint in Sanders v. RBS Citizens, N.A. filed in 2013, the plaintiffs alleged that they received
In one of the largest settlements in history under the Telephone Consumer Protection Act (“TCPA”), Sirius XM Radio Inc. agreed to pay $35 million to resolve putative class actions filed throughout the country alleging that it had used an automatic telephone dialing system to engage in telemarketing to trial users of its satellite radio service