A LESSON IN STUDENT LENDING
- An in-depth profile of a woman who has defaulted on $90,000 of student loans, and the “industrial complex” that is servicing those loans and trying to collect. It follows her from her graduation from law school to the present day, and looks at all the steps in the process where companies have tried to get her to make her payments, which she is unable to make.
CREDITORS: FOLLOW THE FDCPA, FTC SAYS
- While the FDCPA is intended to apply only for third-party debt collections, creditors should take note of the law and follow it, according to an associate director of the Federal Trade Commission.
A POLICY ALL COLLECTORS SHOULD ADOPT
- The library system in Bismarck, North Dakota is allowing borrowers with unpaid overdue library books by donating canned goods. The food will be donated to a local food pantry.
WORTH NOTING: The healthiest and least healthy states … Big changes are coming at Yahoo … Tips for a successful DIY public relations campaign … 12 uncomfortable things that you can do that will pay off forever … How to avoid long security lines at airports … This is pretty cool from Lego … Are small business loans like subprime mortgages? … Drones that can see in the dark … Woman buys 300 presents for her kids, image goes viral and woman gets trolled, woman responds.
The box office guide to “Star Wars”
What PTSD is really like
If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at [email protected].
