Consumer Credit and Privacy Compliance
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Hudson Cook Insights
Today's Trends in Credit Regulation
The FCC's Reassigned Number Database Nears Its Debut
By Michael A. Goodman
The Telephone Consumer Protection Act creates a seemingly endless list of compliance challenges and other headaches for companies determined to mitigate the financial cost and resource burden of TCPA litigation. This year brought welcome good news from the U.S. Supreme Court, with its unanimous decision in Facebook, Inc. v. Duguid establishing a narrow "autodialer" standard, applicable nationwide. article continued
CFPB Bites of the Month - October Top 10
By Justin Hosie and Eric Johnson
Each month, we host a 30-minute webinar outlining the month's key announcements and takeaways from the Consumer Financial Protection Bureau (CFPB) for financial services providers to consider. In this month's article, we share some of our top "bites" covered during the October 20 webinar. article continued
CFPB Sues Software Company for Providing Substantial Assistance to Unlawful Credit Repair Businesses
By Eric L. Johnson
The Consumer Financial Protection Bureau recently filed a lawsuit in federal district court accusing a California-based software company and its founder, owner, and CEO of providing substantial assistance to illegal credit repair businesses, in violation of the Telemarketing Sales Rule and the Consumer Financial Protection Act of 2010. article continued
Recent Settlement with Massachusetts AG Addresses Compliance Emphasis on Collection Calls, Repossession Notices, and Service Contract Sales
By Frank H. Bishop, Jr.
On September 1, 2021, the Commonwealth of Massachusetts, through the Massachusetts attorney general, entered into a settlement agreement and related Assurance of Discontinuance with a sales finance company. article continued