New Rules Archives - Page 3 of 6

June 20, 2024 by Bryce Noel in Medical Debt

Maine Passes Amendment on Medical Debt

On April 22, 2024, Maine became the most recent state to enact legislation aimed at limiting the collection of medical debt. The law, An Act to Prohibit Unfair Practices Related to...

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June 17, 2024 by Bryce Noel in CFPB

insideARM Weekly Recap – Week of June 10th, 2024

The debt collection industry is in a constant state of flux. The goal of the insideARM editorial team is to filter out the noise and pick the 3 pieces of...

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June 12, 2024 by Eric Rosenkoetter in Data

Minnesota Becomes 18th State to Enact Comprehensive Consumer Data Privacy Law

Minnesota Gov. Tim Walz recently signed into law HF 4757, the Minnesota Consumer Data Privacy Act, making Minnesota the 18th state to enact a comprehensive consumer data privacy law. The...

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May 13, 2024 by Bryce Noel in California

insideARM Weekly Recap- Week of May 6th, 2024

We at insideARM know how difficult it is to sift through every piece of news in the ARM industry to make sure you don’t miss anything significant. That is why...

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May 7, 2024 by Eric Rosenkoetter in Data

Nebraska Becomes 16th State to Enact Comprehensive Consumer Data Privacy Law

Nebraska Gov. Jim Pillen on April 17 signed into law LB 1074, the Nebraska Data Privacy Act, making Nebraska the 16th state to enact a comprehensive consumer data privacy law...

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April 25, 2024 by Bryce Noel in Collection Laws and Regulations

NCLC's Influence on State Law Policy: 3 Things You Should Know

When it comes to debt collection, state legislatures have been busy lately. ARM industry professionals have noticed it, the CFPB has encouraged it (see here, here, and here), and it...

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April 24, 2024 by Stefanie H Jackman in CFPB

CFPB Updates Risk-Based Nonbank Supervision Designation Process

On April 16, 2024, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a procedural rule streamlining the designation proceedings for nonbank supervision based on a particular entity posing “risks...

Andy Dean / AdobeStock

April 17, 2024 by Eric Rosenkoetter in Consumers

Kentucky Becomes 15th State to Enact a Comprehensive Consumer Data Privacy Law

Kentucky Gov. Andy Beshear on April 4 signed into law House Bill 15, the Kentucky Consumer Data Protection Act, making Kentucky the 15th state to enact a comprehensive consumer data...

March 11, 2024 by Stefanie H Jackman in CFPB

The War on Fees Intensifies: Presidential Strike Force and Industry’s Legal Counterattack

As discussed here, on March 5, 2024 the Consumer Financial Protection Bureau (CFPB or Bureau) finalized its credit card late fee rule (Final Rule). The Final Rule sets a safe...

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March 7, 2024 by Keith J. Barnett in CFPB

Republican Representatives Urge CFPB to Revisit Proposed Payment App Rule

Recently, three Republican members of the U.S. House of Representatives’ Financial Services Committee, Patrick McHenry, Mike Flood, and French Hill, sent a joint letter to the Consumer Financial Protection Bureau...

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