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Consumers First Act, Aimed to Bring CFPB Back to Statutory Purpose, Passes in House Financial Services Committee

Last week, the House Financial Services Committee passed H.R. 1500, the Consumers First Act, by a 34-26 vote. The legislation was initially introduced by Rep. Maxine Waters (D-CA) back in September 2018 as H.R. 6972, and then re-introduced in the new congress as H.R. 1500.

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3 Roadblocks to Implementing a Digital Collections Strategy

Mail and telephone collection? Customers are increasingly unlikely to respond. Right-party contact rates? Declining – making even the best dialer technology and strategies ineffective. Email and SMS have been around for at least 10 years or more. Why haven’t collectors meaningfully adopted these channels? For many agencies and lenders, three consistent roadblocks are responsible. Are these challenges preventing your organization from evolving? Find out in this new, FREE whitepaper from Katabat.

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House Holds Hearing on Proposed Expansive FCRA Changes

On February 26, the House Financial Services Committee held a hearing entitled “Who’s Keeping Score? Holding Credit Bureaus Accountable and Repairing a Broken System,” with the CEOs of the big three credit bureaus – TransUnion, Equifax, and Experian – testifying. The hearing was the first time the current CEOs of the major credit bureaus have testified before the Committee since the cyberattack on Equifax that affected more than 100 million Americans and spawned extensive litigation

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Women in Consumer Finance Conference 2019

11 December 2019 at 06:00 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer Finance – a conference and networking event for ALL women in consumer finance.

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