Payday Loans: Not All States Allow the Collection of Payday Loans
Members are reminded to review with their counsel the various state requirements on payday loans. Recently, the Massachusetts Office of Consumer Affairs and the Division of Banks ordered a cease in collections on payday loans to a series of collection agencies. Massachusetts law […]
DBA International is proud to announce that Glenn Vician of American Acceptance Co. LLC has become the first DBA member to achieve both individual and company certification after completing the requirements of the Debt Buyer Certification Program following the program’s approval by DBA members at this year’s annual conference in February.
To facilitate certification, DBA has […]
First DBA Member Completes Debt Buyer Certification Program
DBA International is proud to announce that Glenn Vician of American Acceptance Co. LLC has become the first DBA member to achieve both individual and company certification after completing the requirements of the Debt Buyer Certification Program following the program’s approval by DBA members at this […]
Chicago Debt Collection Licensing Requirements Begin July 1
Effective July 1, 2013 the City of Chicago will require the licensing of debt collectors who collect on accounts held by city residents. In January, Chicago became the nation’s third municipality, after New York City and Buffalo, NY, to adopt a municipal licensing ordinance.
The City of […]
CONSUMER FINANCIAL PROTECTION BUREAU
Plaintiff,
v.
MISSION SETTLEMENT AGENCY, d/b/a MISSION ABSTRACT LLC, MICHAEL LEVITIS, in his individual and official capacity, LAW OFFICE OF MICHAEL LEVITIS, PREMIER CONSULTING GROUP LLC, LAW OFFICE OF MICHAEL LUPOLOVER,
Defendants,
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Washington Governor Signs Debt Buyer Licensure Legislation
Earlier today, Governor Jay Inslee of Washington State signed into law House Bill 1822 that would require the licensure of debt buyers as “collection agencies.” Specifically, “any person or entity that is engaged in the business of purchasing delinquent or charged off claims for collection purposes, whether […]
Help Support DBA’s State & Federal Legislative and Regulatory Efforts
As co-chairs of the DBA International Legislative Fund, we are in the second month of our annual campaign. We cannot stress how important it is for us to have full articipation by our membership in this most important effort.
So […]
April 19, 2013
On April 17th, Acting CFPB Deputy Director Steve Antonakes spoke to the American Bankers Association Government Relations Summit. During his remarks, he discussed the CFPB’s supervisory program. Click here to read the full text of his comments.
Below are some excerpts from his remarks:
Since before we opened our doors, […]
Are You Seeking DBA Certification?
Register now to attend the upcoming DBA Regional Seminar to earn seven (7) of the 24 CEU credits required for certification. This one day seminar is scheduled for April 17, 2013 from 7:30am to 4:30pm at the Hyatt Regency Atlanta. The focus is on providing education for those seeking […]
Join DBA in Washington, D.C.
Dear DBA Member,
A key element of DBA’s ongoing legislative program – which is critical to the future of the debt buying industry – is educating elected officials at both the federal and state levels about the positive impact the industry has on the economy. An important component of that outreach effort […]