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CFPB: Auto Loan Servicers Must Ensure Lawful Repossessions - Finance and Banking - Vimarsana News

CFPB: Auto Loan Servicers Must Ensure Lawful Repossessions - Finance and Banking

On February 28, the CFPB issued Bulletin 2022-4 regarding repossession of vehicles, and the potential for violations of the Dodd-Frank Act's prohibition on engaging in unfair, deceptive, or abusive acts or practices...

Source: mondaq.com
DFPI Approves EWA Provider - Finance and Banking - Vimarsana News

DFPI Approves EWA Provider - Finance and Banking

On February 11, the California DFPI issued an opinion letter in response to an EWA provider's request for a specific ruling from the DFPI about whether the company's EWA solution is subject...

Source: mondaq.com
$5.3M Penalty from FTC for Alleged Debt Relief Scam - Vimarsana News

$5.3M Penalty from FTC for Alleged Debt Relief Scam

FTC announced that the operators of an alleged credit card interest rate reduction scam will be permanently banned from the debt relief industry as part of court orders resolving charges by the FTC and the Florida AG.

California DFPI Addresses EWA Providers Requests - Vimarsana News

California DFPI Addresses EWA Providers Requests

California DFPI issued an opinion letter in response to an EWA provider’s request for a specific ruling from the DFPI about whether the company’s EWA solution is subject to licensure under the California Financing Laws and California Deferred Deposit Transaction Law.

DFPI Approves EWA Provider | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

DFPI Approves EWA Provider | Sheppard Mullin Richter & Hampton LLP

On February 11, the California DFPI issued an opinion letter in response to an EWA provider’s request for a specific ruling from the DFPI about whether the company’s EWA solution is...