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Lease-to-Own Business Files Complaint Against CFPB’s Investigation

On July 22, a lease-to-own company (plaintiff) filed a complaint against the CFPB in the U.S. District Court for the Eastern District of Texas to seek declaratory judgment and injunctive relief to halt the CFPB’s ongoing investigation and pending litigation related to the company’s business.

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[Webinar] Managing Your Service Providers: Do you really have it all in order? 

A comprehensive vendor management policy is a must in today’s compliance-centric environment. But are you creating risk for your organization by leaving your vendor management policy on auto pilot? Join us on September 25 at 2PM ET for RA Compliance Corner: Managing Your Service Providers- Do you really have it all in order? where we'll discuss: 

  • How to avoid the temptation to set it and forget it  
  • What’s necessary vs. What's optional  
  • How often you should look at your vendor management program; and  
  • How to update your vendor management program with the least amount of disruption internally and externally.   

Register now. 

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insideARM is grateful to our 2024 Strategic Supporters:

NCB Crown Asset Management Spring Oaks Capital

CFPB Bites of the Month - July 2024 - The CFPB Shines Like the 4th of July

The CFPB  had a busy July. In this article, Hudson Cook shares some of the top CFPB "bites" of the month so you can stay on top of recent developments.

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Chopra Defends CFPB’s Medical Debt Proposed Rule

CFPB Director Rohit Chopra on Thursday defended his agency’s proposed rule to prohibit the listing of medical debt on credit reports, contending that such debts are not a fair indication of a person’s financial health.

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insideARM Weekly Recap - Week of August 5th

News in the ARM industry moves at lightning speed; determining what's important and what’s just noise can be challenging. This is why the editorial team at insideARM sifts through all the news and brings you the need-to-know highlights.  We featured a varied array of news items last week, touching on nascent congressional action, state court developments, and a notice from the CFPB.

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Credit Control, LLC: Winner - Best Places to Work in Collections Ranked #1 by Our Employees for the Fifth Year in a Row

ST. LOUIS, Mo.-- Credit Control, LLC (“Credit Control”) is proud to announce for the fifth year in a row, our employees have ranked us as winners in the Best Places to Work in Collections program. This is the company’s fifth time participating and the fifth time being recognized as program winners.

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CFPB Circular Warns Against Unlawful NDAs

On July 24, the CFPB issued a circular to law enforcement agencies and regulators clarifying that overly broad confidentiality agreements required by certain employers may violate Section 1057 of the CFPA, which protects whistleblowers. Nondisclosure agreements can violate the CFPA if they discourage employees from reporting suspected financial law violations to governmental authorities or participating in investigations. The Occupational Safety and Health Administration (OSHA) was highlighted as the key entity responsible for addressing retaliation claims under various federal laws, including the CFPA.

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Get Unique Insights into the latest Tech Trends

Technology seems to change and advance daily. Yet what doesn’t change are the goals for organizations throughout the ARM industry — making their employees and organization more efficient and productive to increase collections while improving the consumer experience. In this new eBook, Finvi answers the most common questions they hear from customers, providing their unique insights into:

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