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PAIR USE DEBT COLLECTION AS REASON TO GET SKIPTRACING ACCOUNT; INSTEAD THEY USE IT TO STEAL
- A pair of North Carolina residents who obtained an account from TransUnion Risk and Alternative Data Solutions, Inc., which operates TLO.com, because they said they were going to be using the skiptracing service for debt collection purposes, instead used it to steal the personal information of up to 200 people in order to obtain credit cards in the names of those individuals. The breach may have exposed the private information of up to 10,000 individuals, according to prosecutors, who were arrested last month.
FTC LOOKS BACK ON ENFORCEMENT ACTIVITIES FROM 2016
- The turning of a calendar from December to January can cause many to reflect on the past year, as a means of searching for accomplishments and growth. Federal regulatory agencies are no different. Here is a post from the Federal Trade Commission that looks back on the debt collection enforcement activities it spearheaded through Operation Collection Protection.
CFPB FILES AMICUS BRIEF IN SUPREME COURT FDCPA CASE
- The Consumer Financial Protection Bureau has filed an amicus brief with the Supreme Court in a Fair Debt Collection Practices Act case regarding a claim in a consumer’s bankruptcy case even though the debt is time-barred. The CFPB is arguing in favor of the individual. The case is Midland Funding, LLC v. Aleida Johnson.
WORTH NOTING: Ten tips to make 2017 your most productive year ever … Things you should do before 8 a.m. to increase your focus … When telling the truth is actually dishonest … The 19 best features of Amazon’s Echo … What Obamacare might be replaced with under President Trump … The biggest security threats coming in 2017 … Did you get a new smartphone for Christmas? Here’s what you should do with the old one … House Republicans are already at work … Ten big ideas for banking in 2017.
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
