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23 Jul 2021, 8:38 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: DOJ Official Cites Efforts to Fight Anti-Competitive Practices as NRF Holds First Retail Law SummitNRF – July 21, 2021 A top Department of Justice official says the agency’s successful effort to keep credit card giant Visa from acquiring — and potentially shutting down — financial technology innovator Plaid shows how the nation’s antitrust laws can be used to encourage competition that benefits businesses… [read post]
16 Apr 2018, 11:27 am by Daniel J. Moses
  Additionally, if a company offers free credit monitoring or identity theft protection services to the affected consumers, the company may not require the consumers to provide a credit or debit card number in order to receive such services. [read post]
8 Jan 2013, 5:00 am by Nicole Kellner-Swick
While the CFPB has only been in operation since July 21, 2011, a report just issued on December 14, 2012 by the House Oversight and Government Reform Committee reflects on the overall impact the CFPB has had on financial institutions, including credit unions along with the overall consumer credit market since its inception.[1]   Specifically, the report found that the CFPB has increased the cost of consumer credit by $17 billion and has… [read post]
8 Feb 2016, 6:54 am by Peter N. Cubita
Cubita The CFPB and Department of Justice (the “Agencies”) announced recently that they have entered into a settlement with Toyota Motor Credit Corporation (TMCC) to resolve charges that TMCC engaged in unlawful discrimination in violation of the Equal Credit Opportunity Act (ECOA). [read post]
23 Jan 2020, 9:05 pm by Alana Bevan
But with its new proposed rule, the Labor Department aims to clarify how the tip credit should apply to dual job workers following a 2018 policy shift. [read post]
5 Nov 2009, 4:56 am
Besides, it's a time-consuming deal. [read post]
23 Apr 2010, 8:00 am by Kate Bladow
Some of those resources include Consumer  2010 Consumer Action Handbook - General Services Administration Consumer Identity Theft Kit - CLEONet Consumer's Guide to Credit Cards - The Board of Governors of the Federal Reserve Debt Collection Issues (Videos and Fact Sheets) - Clicklaw Regulating the Refund Anticipation Loan Industry - The Shriver Brief Repo Madness: How Automobile Repossessions Endanger Owners, Agents and… [read post]
3 Nov 2014, 2:12 pm
The New York Times is reporting that Hyundai - Kia have been fined $100 million by the US EPA and Justice Department for falsified mileage data numbers. [read post]
3 Nov 2014, 2:12 pm
The New York Times is reporting that Hyundai - Kia have been fined $100 million by the US EPA and Justice Department for falsified mileage data numbers. [read post]
17 May 2018, 6:14 am by Chris Wesner
Has an unknown company informed you that they now own your credit account and are demanding payment? [read post]
4 Oct 2023, 9:01 pm by renholding
Department of the Treasury released nine principles for net-zero financing and investment by financial institutions.[1] The Principles focus on “scope 3” financed and facilitated greenhouse gas emissions (i.e., indirect emissions included in a company’s value chain) and advocate that financial institutions making credible net-zero commitments should develop transition plans with clear practices, targets, and metrics, and should support their clients and portfolio companies… [read post]
5 Dec 2016, 9:50 pm by Kim Kirschenbaum
Alleged violators of these clauses, like Palmer, can face serious reprisals from the company, ranging from the imposition of hefty fines, to the near-ruin of consumerscredit. [read post]
22 Dec 2016, 6:26 am by Florida Employment Law Letter
Restaurant and hotel employers that take a tip credit may still take a credit of up to $3.02 per hour against the new minimum wage, meaning tipped employees must receive direct wages of at least $5.08 per hour starting January 1. [read post]
19 Oct 2017, 5:31 am by Brian G. Cesaratto
  Recently, we discussed the NYSDFS’ proposed extension of its cyber security regulations to credit reporting agencies in the wake of the Equifax breach. [read post]
2 Nov 2012, 4:59 pm by Mandelman
Homeownership Preservation Foundation – Find Credit Counseling here and HERE. [read post]
19 Mar 2011, 7:39 am by Gary Nitzkin
If you have been the victim of an abusive debt collector, call or email Attorney Gary Nitzkin at Michigan Consumer Credit Lawyers for a free consultation, at (888) 293-2882. [read post]
19 Mar 2011, 7:39 am by Gary Nitzkin
If you have been the victim of an abusive debt collector, call or email Attorney Gary Nitzkin at Michigan Consumer Credit Lawyers for a free consultation, at (888) 293-2882. [read post]
2 Aug 2019, 7:03 am by Rob Robinson
Additionally, the legislation requires credit reporting agencies to inform consumers on credit freezes of a breach of data involving a social security number, and provides consumers with the right to freeze their credit at no cost. [read post]