Daily Digest – May 17. Consumer Accuses Collector of Making False Statement About Duration of Credit Reporting; Experts Share Reaction to Supreme Court Ruling in CFPB Case

Consumer Accuses Collector of Making False Statement About Duration of Credit Reporting Experts Share Reaction to Supreme Court Ruling in CFPB Case Appeals Court Affirms Ruling in FDCPA Case Over SOL for Filing Suit Credit Card Delinquency, Usage Rates Show More Consumers Are Falling Behind Supreme Court Says CFPB Funding Structure is Constitutional WORTH NOTING: Items to help you get

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Credit Card Delinquency, Usage Rates Show More Consumers Are Falling Behind

The total amount owed by consumers nationwide on their credit cards fell in the first quarter of 2024, compared with the fourth quarter of 2023, which may seem like a good thing. But the decrease from the last three months of one year to the first three months of the next is normal -- Christmas is over -- and there

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Appeals Court Affirms Ruling in FDCPA Case Over SOL for Filing Suit

The Court of Appeals for the Second Circuit has affirmed the ruling of a lower court granting summary judgment to the defendants in a Fair Debt Collection Practices Act case, ruling the plaintiff's claims were time-barred because they were made more than one year from the alleged violation, and dismissed the plaintiff's arguments why the one-year limit should not have

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Credit Card Delinquency, Usage Rates Show More Consumers Are Falling Behind

The total amount owed by consumers nationwide on their credit cards fell

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Appeals Court Affirms Ruling in FDCPA Case Over SOL for Filing Suit

The Court of Appeals for the Second Circuit has affirmed the ruling

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Experts Share Reaction to Supreme Court Ruling in CFPB Case

Yesterday, the Supreme Court ruled that the funding structure for the Consumer

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Consumer Accuses Collector of Making False Statement About Duration of Credit Reporting

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon.

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Supreme Court Says CFPB Funding Structure is Constitutional

The Supreme Court ruled today that the funding structure of the Consumer

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David Williams Breaks Down Acquisition of RGS Financial

Having kicked the tires at about a dozen different companies during the past few years in considering acquisition targets, David Williams of Williams & Fudge knew he needed to find the right company to help grow his operation. And, as it turns out, the right target was one he had known for more than a decade. Last month, Williams & Fudge announced it was acquiring RGS Financial. David Williams, the president of Williams & Fudge, sat down with AccountsRecovery.net to discuss the acquisition, why diversification away from student loans was important for the company, and the importance of really getting to know the people involved on the other side of the table when making an acquisition. Watch the video to see everything David had to say.

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