Is redlining real? It seems to be an antiquated type of violation.
Why am I concerned with the FDCPA since it applies to third party collectors?
Written Permission to Access Credit Reports Required
What is the number of calls we can make to a debtor weekly?
Our borrower routinely said it was OK to text them and we have that screen capture in our records. Can I contact them now to collect the debt via text messages?
I have an ARM servicing question. Does the timing of the initial rate and payment change need to be stated in the Note?
When a bank owned ATM gives approval for a cash withdrawal transaction on a credit card (not a debit card), but no money was received and the amount shows as a charge on the credit card, who is responsible for filing the report and/or correcting the error?
Is there anyone who has a model/sample disclosure or notice for ATMs and teller windows concerning the access of the Overdraft program and the fees associated with it? Also, when an item is paid using the overdraft protection does the periodic statement have to say "overdraft item paid fee" instead of "NSF paid item fee"? I am not sure that our system can do that.
On our VISA statements we show "Late Fee Due" then reflect a running total of all debited late fees. i.e. if late fee is $16.00 and customer has three due we show $48.00. Our internal auditor claims we need to show the late fee in the transaction history if a total is used. Oue vendor states that Section 226.7 allows the total of like charges is acceptable. What is the proper way to disclose?