Articles
Consumer Financial Protection Bureau and National Credit Union Administration Sign Memorandum of Understanding
Buy now, pay later boom brings ‘shift away from credit to debit’
Is the Pendulum Swinging the Other Way? Court Finds TCPA Claims Viable Prior to Severance of Government Backed Debt Exemption by Supreme Court
As the Czar reported in late December (here), the plaintiffs’ bar had evened the score (3-3) with two recent decisions finding that the TCPA was constitutional as applied to calls made prior to the Supreme Court’s decision in Barr v. American Ass’n of Political Consultants, 140 S. Ct. 2335 (2020), on July 6, 2020. Unfortunately, plaintiffs have now pulled ahead with yesterday’s decision in Stoutt v. Travis Credit Union, 2021 U.S. Dist. LEXIS 6019 (E.D. Cal. Jan. 12, 2021).
The CFPB Taskforce Recommends Limits On FCRA Class Action Awards In Report
Remitter appoints Dave Snow as Vice President of Sales
Ag lending update: Fewer new loans to farmers
Fewer new loans to farmers continued to drive a pullback in agricultural lending activity. A historically low number of new loans contributed to an increase in average loan size and drove a slight decrease in the overall volume of non-real estate loans at commercial banks in the fourth quarter. Stronger prices for agricultural commodities, alongside continued support from government payments, may have reduced financing needs for some farmers and contributed to the slower pace of lending.