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26 Jul 2021, 2:25 pm by admin
The Nevada Constitution also presently provides for annual minimum wage adjustments based on increases in the federal minimum wage or, if greater, by the cumulative increase in the cost of living measured by the Consumer Price Index (“CPI”), subject to a 3 percent CPI adjustment cap. [read post]
”); the Fair Credit Reporting Act (“The FCRA comes into play in certain circumstances where an algorithm is used to deny people employment, housing, credit, insurance, or other benefits. [read post]
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]
To date, “the Department has no indication that Service members and their families lack adequate access to necessary, responsible credit. [read post]
22 Jul 2021, 9:08 pm by Omar Khodor
The guidance addressed relationships that banks establish with outside parties, such as those to provide mobile payment services and access to credit scoring systems. [read post]
20 Jul 2021, 11:30 am by Pamela Foohey
The second suggestion, in particular, draws significantly from prior work, much of which was in response to and inspired by the Department of Education's request for information (RFI) from 2018 about changing its guidance regarding undue hardship student loan discharges--such as a response submitted by Slipster Dalié Jiménez and myself, along with a large group of bankruptcy and consumer credit scholars. [read post]
19 Jul 2021, 9:43 am by Venkat Balasubramani
If TransUnion’s sloppy practices didn’t actually harm to consumers, then a court can’t award damages because they are too speculative. [read post]
7 Jul 2021, 9:00 am by Tim De Chant
Enlarge (credit: David Paul Morris/Bloomberg/Getty Images) After years of petitions and proposals, momentum is building in government to give consumers broader rights to repair products they own ranging from farm tractors to mobile phones. [read post]
4 Jul 2021, 9:05 pm by Dan Flynn
Miller has a $200,000 line of credit and is currently making “significant capital improvements” at the Bird-In-Hand farm, including a large building to accommodate his daughters’ upcoming weddings. [read post]
2 Jul 2021, 10:21 am by Stacey L. Valerio
Pursuant to the authority set forth in Section 205 of Senate Bill 1202, Connecticut’s Banking Commissioner signed an order that permits individuals engaged in certain licensable activity on behalf of certain consumer credit licensees to work from remote office locations not licensed as branch office locations. [read post]
For transportation, the Department of Energy recommends: (a) transitioning the entire federal government vehicle fleets, as well as other school and transit buses, to EVs; (b) providing rebates and tax credits for consumers (with a “Buy America” preference for U.S. content); and (c) supporting the EV charging infrastructure across the country. [read post]
”  The FTC is empowered with enforcing the GLB Act—and dozens of other statutes, such the Fair Debt Collection Practices Act and the Fair Credit Reporting Act—as rule violations, meaning the FTC can seek consumer redress under Section 19 of the FTC Act and civil penalties. [read post]
21 Jun 2021, 12:39 pm by Kevin Kaufman
Sometimes they need to produce their products close to their consumers or they need to locate near natural resources. [read post]