News

38 min read

CFPB Expands on UDAAP Definitions

April 5, 2023 Cucolle1

Last month, we provided some clarity on what the Consumer Financial Protection Bureau’s (CFPB)...

2 min read

CCUCC 2023 Las Vegas – You Are Going to Need This!

March 29, 2023 Cucolle1

October 19-21, 2023 Las Vegas – Planet Hollywood resort and Casino Why come to...

6 min read

Collection Agency Fined $25M for Continued Illegal Debt Collection Practices

March 23, 2023 Cucolle1

CFPB Orders Repeat Offender Portfolio Recovery Associates to Pay More Than $24 Million for...

7 min read

CFPB Provides Clarity on UDAAP Repossession Fees

March 20, 2023 Cucolle1

“We’re concerned about servicers that charge fees above the actual applicable cost to the...

9 min read

CFPB’s Response to Questions on UDAAP Repo Fees

March 14, 2023 Cucolle1

EDITORIAL Last week I reported the Consumer Financial Protection Bureau findings of charging of...

2 min read

There’s Still Time to Sign Up for the CUCP Summit in Orlando!

March 7, 2023 Cucolle1

May 17th – 19th, 2023 Marriott Orlando, Orlando, Florida FOR IMMEDIATE RELEASE No other...

6 min read

Red Flags Rising in Auto Delinquency – Troubling Trends

March 5, 2023 Cucolle1

January Auto Delinquency Even Worse than December per Cox Automotive By tradition, December auto...

2 min read

CCUCC 2023 Las Vegas – Adapting to the Future!

March 1, 2023 Cucolle1

October 19-21, 2023 Las Vegas – Planet Hollywood resort and Casino It’s been a...

2 min read

Court Finds Pot Shop Employee Not Eligible for Bankruptcy Protections

February 26, 2023 Cucolle1

Sure, marijuana is legal in 37 states, but it’s still not legal according to...

6 min read

TitleMax Ordered to Pay $15M over Predatory Lending to Military Families

February 23, 2023 Cucolle1

Repeat offender doctored information, ignored military protection law, and levied fees for useless products...

2 min read

Point Predictive’ s 2023 Auto Lending Fraud Survey

February 20, 2023 Cucolle1

Income misrepresentation, synthetic identity risk, and dealer fraud amongst top lender concerns for 2023...

3 min read

CFPB Boasts of Reduced Collections Records in Credit Reports

February 15, 2023 Cucolle1

“The report found the total number of collections tradelines on credit reports declined by...

2 min read

Get Ready for the CUCP Summit in Orlando!

February 12, 2023 Cucolle1

May 17th – 19th, 2023 Marriott Orlando, Orlando, Florida FOR IMMEDIATE RELEASE 2023 is...

2 min read

US Consumer Credit Grows $11.6B

February 9, 2023 Cucolle1

Total consumer credit rose 2.9 percent at a seasonally adjusted, annualized rate in December...

5 min read

Where Are All the Collectors Going to Come From?

February 7, 2023 Cucolle1

EDITORIAL Delinquency has risen to pre-pandemic levels and everyone knows a recession is coming,...

1 min read

Friday is the Deadline for the FREE CUCP Repossession, Remarketing and Recovery Virtual Meeting

February 5, 2023 Cucolle1

Available to All Credit Unions at NO COST! February 15, 2023, 2:30PM EST On...

3 min read

Toyota Credit Settles for $7.6M Over Repossession Notices

February 2, 2023 Cucolle1

Last year, the Massachusetts State Attorney General scored legal wins against Credit Acceptance Corporation...

1 min read

TriVerity Collection Academy Scholarship Program Open!

February 1, 2023 Cucolle1

Connect, Collaborate, Innovate Don’t miss the opportunity to listen to and learn from great...