In this month's article, we share some of our top "bites" covered during the October 2025 webinar....more
10/17/2025
/ Arbitration Agreements ,
California ,
Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Final Rules ,
New Legislation ,
Popular ,
Regulatory Requirements ,
Section 1071 ,
State Attorneys General
In a new consent order with the FTC, the Company has agreed to pay $5.7 million to resolve allegations that it violated a 2022 FTC order finding that it engaged in unfair and deceptive practices by providing inaccurate...more
10/6/2025
/ Civil Monetary Penalty ,
Consent Order ,
Consumer Financial Products ,
Consumer Protection Laws ,
Credit Reporting Agencies ,
Credit Scores ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Fraud ,
Misrepresentation ,
Penalties ,
Regulatory Oversight ,
Subscribers ,
Subscription Services ,
Unfair or Deceptive Trade Practices
While much focus has recently been paid to the Massachusetts Attorney General's "junk fee" regulation, which includes newly effective negative option requirements, focus on automatic renewal cancellation policies remains a...more
10/3/2025
/ Automatic Renewals ,
Cancellation Rights ,
Consumer Contracts ,
Consumer Protection Laws ,
Disclosure Requirements ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
FTC Act ,
Negative Option Rule ,
New Regulations ,
Subscription Services ,
Unfair or Deceptive Trade Practices
In this month's article, we share some of our top "bites" covered during the September 2025 webinar....more
9/29/2025
/ Artificial Intelligence ,
Buy Now Pay Later (BNPL) ,
Chapter 11 ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Federal Funding ,
Federal Trade Commission (FTC) ,
FinTech ,
Hiring & Firing ,
Layoffs ,
Non-Compete Agreements ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Oversight ,
Restructuring ,
ROSCA
On August 26, 2025, the Consumer Financial Protection Bureau published a proposed rule in the Federal Register that would define "risks to consumers" and bind the Bureau in proceedings to designate nonbanks for Bureau...more
9/5/2025
/ Comment Period ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Federal Register ,
Nonbank Firms ,
Proposed Rules ,
Regulatory Authority ,
Regulatory Oversight ,
Risk Assessment ,
Rulemaking Process ,
Supervision
In this month's article, we share some of our top "bites" covered during the August 2025 webinar....more
8/27/2025
/ Artificial Intelligence ,
Consent Order ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Data Collection ,
Debt Relief ,
Debt-Relief Industry ,
Disparate Impact ,
Executive Orders ,
FDIC ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
FTC Commissioners ,
Layoffs ,
New Legislation ,
Popular ,
Section 1071 ,
Subscription Services
On August 20, 2025, the FTC filed a complaint in the U.S. District Court for the Central District of California, alleging that the Gym violated the FTC Act and the Restore Online Shoppers' Confidence Act (ROSCA). The FTC's...more
In this month's article, we share some of our top "bites" covered during the July 2025 webinar....more
7/31/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Deregulation ,
Enforcement Actions ,
Financial Services Industry ,
Government Investigations ,
Inspector General ,
Lenders ,
Medical Debt ,
Overdraft Fees ,
Popular ,
Regulatory Agencies
On July 8, 2025, the Eighth Circuit issued an opinion that vacated the FTC's Negative Option Rule in its entirety. The FTC's compliance deadline for the Rule, which had been extended once, was set to go into effect on July...more
In this month's article, we share some of our top "bites" covered during the June 2025 webinar....more
6/26/2025
/ Car Dealerships ,
Congressional Investigations & Hearings ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Data Security ,
Debt Collection ,
Deregulation ,
EFTA ,
Enforcement Actions ,
Federal Funding ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
FinTech ,
Privacy Laws ,
Reduction of Force
Please join Eric Johnson, Justin Hosie, and Kristen Yarows as they recap recent consumer financial services activities including the CFPB resuming its redress to consumers of a sales-training company, the City of Baltimore...more
In this month's article, we share some of our top "bites" covered during the May 2025 webinar....more
6/10/2025
/ Biden Administration ,
Buy Now Pay Later (BNPL) ,
Cancellation Rights ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Priorities ,
Executive Orders ,
Federal Trade Commission (FTC) ,
Final Rules ,
Financial Regulatory Reform ,
Proposed Rules ,
Regulation E ,
Regulatory Reform ,
Rescission ,
Subscription Services ,
Trump Administration ,
Unfair or Deceptive Trade Practices
In this month's article, we share some of our top "bites" covered during the April 2025 webinar....more
4/22/2025
/ Automotive Loans ,
Banking Sector ,
Congressional Committees ,
Consumer Financial Protection Bureau (CFPB) ,
Federal Trade Commission (FTC) ,
Final Rules ,
Financial Institutions ,
Financial Regulatory Reform ,
HMDA ,
Money Transfer ,
Mortgage Lenders ,
Mortgages ,
Overdraft Fees ,
Payday Loans ,
Popular ,
Proposed Rules ,
Small Business Loans
In this month's article, we share some of our top "bites" covered during the March 2025 webinar....more
3/31/2025
/ Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Data Brokers ,
Debt Collection ,
Medical Debt ,
Pending Litigation ,
Presidential Nominations ,
Proposed Rules ,
Regulatory Reform ,
Rulemaking Process ,
State Attorneys General ,
Stop Work Orders ,
Trump Administration
In this month's article, we share some of our top "bites" for the prior months covered during the February 2025 webinar....more
In this month's article, we share some of our top "bites" covered during the January 2025 webinar....more
2/25/2025
/ Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Privacy Rights ,
Credit Cards ,
Data Privacy ,
Loan Servicer ,
Mortgages ,
Open Banking ,
Popular ,
Privacy Laws ,
Proposed Rules ,
Regulation Z ,
Seventh Amendment ,
UDAAP
In this month's article, we share some of our top "bites" for the prior months covered during the December 2024 webinar....more
2/20/2025
/ Bank Secrecy Act ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Reports ,
Data Brokers ,
Data Privacy ,
Debt Collection ,
Elder Issues ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
Financial Abuse ,
FinCEN ,
Indian Health Service (IHS) ,
Overdraft Fees ,
Payday Loans ,
Regulatory Agenda ,
Student Loans
In this article, we share a timeline of our monthly "bites" for 2024 applicable to companies in FinTech. The Consumer Financial Protection Bureau was on a tear in the months leading up to the election and the inauguration of...more
2/11/2025
/ Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Data Privacy ,
Data Protection ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
FinTech ,
FTC Act ,
Risk Management ,
ROSCA ,
State Attorneys General
In this article, we share a timeline of our monthly "bites" for 2024 applicable to debt collection practices. Like 2023, the theme of 2024 was medical debt collection....more
2/10/2025
/ Automotive Loans ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reporting Agencies ,
Credit Reports ,
Debt Collection ,
Fair Credit Reporting Act (FCRA) ,
FDCPA ,
Final Rules ,
Medical Debt ,
Medicare ,
Proposed Rules ,
Unfair or Deceptive Trade Practices
In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of last-minute action by the CFPB in the mortgage space in the waning days of the Biden...more
In this article, we share a timeline of our monthly "bites" for 2024 applicable to the credit card industry. The year saw the CFPB give a fair amount of attention to credit card products, with a focus on pricing....more
1/30/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Credit Cards ,
Department of Justice (DOJ) ,
Fee Caps ,
Fees ,
Final Rules ,
Financial Institutions ,
Interchange Fees ,
Regulation Z ,
Regulatory Agenda ,
Rewards Programs ,
Truth in Lending Act (TILA)
In this article, we share a timeline of our monthly "bites" for 2024 applicable to consumers protected by nondiscrimination and military protection laws. 2025 will likely bring more of the same, particularly in the area of...more
1/22/2025
/ Anti-Discrimination Policies ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Discrimination ,
ECOA ,
Enforcement ,
Enforcement Actions ,
Enforcement Statistics ,
Fair Lending ,
Military Service Members ,
Servicemembers Civil Relief Act (SCRA) ,
Small Business ,
Student Loans ,
UDAAP
On January 16, 2025, the CFPB announced that it issued a stipulation and consent order against the Company, to resolve allegations that the Company violated the CFPA, the EFTA, and Regulation E....more
In this article, we share a timeline of our monthly "bites" for 2024 applicable to the auto finance industry....more
In this month's article, we share some of our top "bites" for the prior and current month covered during the November 2024 webinar....more
12/24/2024
/ Banking Sector ,
Compliance ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Cards ,
Credit Reports ,
Data Privacy ,
Debit Cards ,
EFTA ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
NCUA ,
Overdraft Fees ,
ROSCA ,
Small Business ,
Statutory Authority ,
Student Loans ,
Subscription Services