CFPB Warns Medical Debt Collectors Against Collecting Inaccurate Debts

The agency will take action against double billing, insufficient documentation, and false filings. The Consumer Financial Protection Bureau (CFPB) recently issued a legal guidance for medical debt collectors,…

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CFPB Warns Banks of Overdraft Fee Consent Requirements in New Guidance

Attempts to reign in “phantom opt-in” agreements in updated legal interpretation. The Consumer Financial Protection Bureau (CFPB) released a new guidance this month, cautioning banks not to charge…

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VA Launches Call Center to Protect Veterans from Fraud and Scams

The department establishes the VSAFE website and call center for assistance. The Department of Veterans Affairs has launched resources to help protect U.S. veterans, service members, and their…

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Administration Strike Force on Unfair Pricing Holds Public Meeting

FTC and DOJ partner in discussions on enforcement actions to reduce prices for Americans. The Federal Trade Commission and the Department of Justice held and co-hosted an inaugural…

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SEC Launches Campaign to Promote Investor Protection

The educational initiative is meant to help investors avoid scams. The Securities and Exchange Commission’s Office of Investor Education and Advocacy has launched a public awareness campaign called…

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FTC Reports Increase in Government Impersonation Scams

Consumer losses nearly double in 2023, prompting federal agencies to raise awareness and combat deceptive tactics The Federal Trade Commission (FTC) recently released data showing an increase in…

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FTC Takes Action Against Adobe

The complaint says the company hid fees and prevented consumers from canceling services. The Federal Trade Commission (FTC) is taking action against Adobe and two executives for allegedly…

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Circuit Court Rules CFPB Credit Card Fee Lawsuit to Remain in Texas

The appellate court reverses the district judge’s motion to transfer. The New Orleans-based 5th Circuit Court of Appeals ruled this week that a lawsuit filed by banking groups…

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CFPB Director Urges Congress to Safeguard Consumer Data

Certain financial institutions have reportedly developed media relations for individually targeted marketing. Director Rohit Chopra of the Consumer Financial Protection Bureau (CFPB) has urged legislators to protect consumers…

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Federal Agencies Call for AI Fairness, Equality, and Justice Compliance

The statement intends to address potential discrimination through automated systems. The Department of Labor issued a joint statement along with the Department of Justice, Consumer Financial Protection Bureau,…

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