Compliance Now |TCPA Monitor |Dealership Advisor |M&S Newsline
Earlier this month, the Consumer Financial Protection Bureau (CFPB) finalized a rule aimed at stopping payday debt traps by requiring lenders to determine upfront whether consumers can afford to repay their loans. While referred to colloquially as the “payday loan rule,” the rule covers a variety of loans that require consumers to repay all or [...]
On Friday, October 6th, the Federal Communications Commission (FCC) released a public notice seeking comment on a Petition for a Declaratory Ruling that would modify the current exemptions to the Telephone Consumer Protection Act (TCPA). The petition, filed by the Credit Union National Association (CUNA), requests that the FCC adopt an established business relationship exemption [...]
CarMax, the largest U.S. used car retailer, is continuing to find itself in hot water for selling vehicles with open recalls. Most recently, the Consumers for Auto Reliability and Safety (CARS) Foundation led a study that found one in four cars sold by CarMax had open safety recalls, including significant safety issues like defective airbags. [...]
The FCC’s authorization and encouragement to service providers to offer robocall blocking services is substantially impacting the credit and collection industry, as varied carrier approaches, ranging from blocking to labeling calls, are leading to unanticipated issues for subscribers and call originators. Join M&S Partner Michele Shuster November 2 at ACA International’s Fall Forum where, along [...]
