Law Practice Group, PLLC

06/15/2024

News CFPB Warns Against Deceptive Terms in Consumer Contracts Cooley alert June 11, 2024 Share Share on LinkedIn Share on Twitter Share on Facebook Download PDF Share with Email On June 4, 2024, the Consumer Financial Protection Bureau (CFPB) issued Circular 2024-03 warning that the inclusion of “...

06/11/2024

Housing costs take a big bite out of most Americans’ budgets, especially consumers looking for a suitable place to live during a fluctuating rental market. That’s why the FTC has particular concerns when in their quest for one of the most basic human needs – a roof over their heads – prospec...

05/23/2024

Rohit Chopra, director of the Consumer Financial Protection Bureau, said Friday that the agency will be moving forward with rules and enforcement actions after the defeat of a Supreme Court challenge to the agency's constitutionality.

01/26/2024

https://www.propublica.org/article/we-buy-ugly-houses-overhauls-policies-following-propublica-investigation

HomeVestors franchises will be required to provide prospective home sellers with a disclosure that includes a three-day window to terminate a sales contract.

01/18/2024

A review of available public records would have revealed the job seeker and the convicted murderer were different people, the complaint alleged.

01/18/2024

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House to combat fees it says pose an unnecessary burden.

01/18/2024

The automaker drew controversy last year when the patent application came to light. The proposed technology included a way for self-driving cars to repossess themselves.

01/11/2024

Fight back against illegal furniture lender collection calls in California, Florida, Pennsylvania, Georgia, Massachusetts or Connecticut.

01/11/2024

On January 5, 2024, two trade groups representing auto dealers filed a petition for review challenging the Federal Trade Commission’s (“FTC”) new

01/07/2024

When a Holly Springs couple tried to transfer $10,000 from a Wells Fargo account to a new Truist account, the money disappeared, a lawsuit claims.

01/07/2024

Student-loan company MOHELA got hit with a class-action lawsuit from borrowers who accused it of stalling their Public Service Loan Forgiveness.

01/07/2024

A Charlotte Observer and News & Observer analysis of HOA foreclosures found that even small debts can result in big risks for NC homeowners.

01/07/2024

ALBANY, N.Y. (AP) — Unpaid medical debt will no longer appear in New York residents' credit reports under a bill signed into law by Gov. Kathy Hochul on Wednesday.

01/07/2024

Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees under a new rule, the U.S. Federal Trade Commission said.

12/05/2023

The Tax Court held that “limited partners” are defined functionally for purposes of Internal Revenue Code Section 1402(a)(13).

12/01/2023

Dark patterns are everywhere in UX and advertising. Learn how to spot and report them to a consumer protection attorney.

12/01/2023

The Consumer Financial Protection Bureau slapped Bank of America with a $12 million fine for falsely reporting demographic data on mortgage applications.

12/01/2023

Rent-A-Center will have to pay $8.75 million in a settlement to resolve allegations that the company filed criminal charges against consumers as a way to collect debt.

12/01/2023

Auto dealers are not thrilled with new proposed consumer protections.

10/12/2023

President Joe Biden on Wednesday unveiled new efforts to crack down on junk fees while announcing $2 billion in savings and $140 million in consumer refunds from previous crackdowns on junk fees from the Consumer Financial Protection Bureau.

10/12/2023

A Chime customer claims that he lost more than $6,500 when his phone and wallet were stolen in Dallas. He hopes his story serves as a cautionary tale for those who use the fintech company's app.

09/14/2023

On September 11, 2023, the CFPB filed an administrative consent order against a Nonbank Consumer Finance Company, with its principal place of business...

09/14/2023

The head of the Consumer Financial Protection Bureau says many borrowers are struggling to get through to the companies that get paid to answer their questions.

08/31/2023

Consumers have lost billions through unwanted wire transfers, which don’t carry the same legal protections as debit or ATM transactions. The banks say they’re doing all they can to warn people about scams.

08/31/2023

The move becomes effective on October 1, 2023, with the Supreme Court soon to decide on the agency’s rule-writing authority. By Barrie VanBrackle,

08/25/2023

Heights Finance originated loans.

A U.S. consumer finance regulator sued a subsidiary of fintech lender Curo Group Holdings Corp on Tuesday, alleging it pushed struggling borrowers to refinance short-term loans to keep them in debt and reap fees.

08/11/2023

More than 40 consumers have reported mysterious accounts opened in their names. One man says someone opened an account in his name and deposited thousands of dollars.

08/11/2023

The Federal Communications Commission on Thursday cracked down on a massive illegal robocall operation responsible for billions of auto-warranty scam calls in recent years, with regulators imposing a record $300 million fine on what authorities said is the largest such network it has ever investigat...

08/11/2023

In our latest episode of The Consumer Finance Podcast, Chris Willis and his colleagues Stefanie Jackman, Joe Reilly, and Jonathan Floyd discuss the CFPB's

06/30/2023

YOUR MONEY: Despite paying thousands of dollars already, many people didn't feel comfortable making payments to the new company handling their loans and they're losing their cars as a result.