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The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us …

More hospitals and healthcare facilities are rolling out payment plans for individuals, and could go a long way toward recovering some of the $7.5 billion or so of medical debt that goes unpaid every year, according to the results of a survey conducted by PYMNTS.com. Only 26.6% of the respondents …

The Federal Student Aid (FSA) office, a unit of the Department of Education that offers student loans, has not established policies and procedures to make sure that entities servicing loans on behalf of the government are making the changes they are supposed to make when the entities fail to comply …

Verizon announced yesterday that it will begin offering a new “call filter” app that will help users “break up” with robocallers. The service, which will include a free version as well as a premium version that will cost $2.99 per month, will display the name, phone number, city, and state …

The Federal Communications Commission this week released its first ever report on illegal robocalls, and it seems the only conclusions that can be drawn from the document is that illegal robocalls exist, that the FCC is aware of it, and the agency is trying to do what it can to …

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us …

Coincidentally, a pair of Senators kicked off a push for data privacy legislation on the same day that a General Accountability Office report recommended that Congress enact Internet privacy legislation to further protect consumers. The dual announcements add to a number of efforts at the state and federal level to …

A District Court judge in Pennsylvania has added to the confusion about what is and what is not allowed in a validation letter after denying a motion to dismiss a class-action lawsuit that was filed against a collection agency for allegedly violating the Fair Debt Collection Practices Act with respect …

The number of enforcement actions undertaken by state and federal regulators in 2018 was 52% less than the number from 2017 and 64% less than 2016, according to a report issued yesterday by the law firm of Goodwin Procter. All of the agencies mentioned in the report — the Federal …

Today’s sign that an economic apocalypse is on the way: Only 44% of Americans have more savings than credit card debt, according to a survey conducted by Bankrate.com, which represents the lowest figure in the nine years that the site has been tracking the data point. Nearly 30% of Americans …

If there is another director of compliance who works at a collection agency who also wanted to be a DJ and is a “rabid amateur urbanist,” then we all need to play the lottery tonight. It’s hard to believe that someone else out there has the same eclectic tastes as …

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us …

More medical billing companies are looking to expand their product and service offerings into the revenue cycle management space, including patient collections, according to the results of a survey conducted by Kareo, a software platform for billing companies. Fewer than 25% of those companies that were surveyed said they do …

Private debt collection is one of five “serious” problems at the Internal Revenue Service, according to the National Taxpayer Advocate in her annual report to Congress, arguing that the program of outsourcing unpaid debts to one of four collection agencies “continued to burden taxpayers who are likely experiencing economic hardship …

Data released this week by the Federal Reserve Board of New York is sending up red flags that consumers’ financial conditioning may be weakening, and signs of a recession may be on the horizon. Economists are pointing to a record number of individuals who are behind on their auto loans …