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CRITICS OF VA. GUBERNATORIAL CANDIDATE WORRY ABOUT EFFECTS ON ARM INDUSTRY REGULATION
- Debt collectors could be allowed to run amok in Virginia if Republican Ed Gillespie is elected, according to his critics, because Gillespie once lobbied on behalf of student loan companies against bills that would lower the cost of college tuition. A Gillespie administration could “usher in lax oversight” of stakeholders in the student loan industry, including collection agencies. Virginians would see a rollback in consumer protections, Gillespie’s critics warn.
CALIFORNIA AG CHARGES TRIO WITH ILLEGAL DEBT COLLECTION FOR SCAMMING SERVICE MEMBERS
- The attorney general of California has filed criminal charges against the owners of a chain of jewelry stores and a financial services company for allegedly engaging in illegal debt collection activities. The defendants are accused of targeting military service members with their tactics.
JUDGE DENIES REQUEST FOR NEW TRIAL FROM DEBT BUYER
- A federal judge has denied a request from Joseph Onwuteaka for a new trial, after Onwuteaka appealed saying the $25 million penalty he was assessed during his original trial was “grossly disproportional” to the offenses he committed.
WHERE HEALTHCARE FACILITIES ARE FALLING SHORT AT MEETING PATIENT PAYMENT DEMANDS
- Healthcare providers are falling short at meeting patient demands related to billing and payment, according to a survey of nearly 800 medical facilities. For example, only 69% of hospitals can provide patients with a cost estimate, even though more than half of patients request one.
WORTH NOTING: How to change your mind on an issue and pivot convincingly … The White House is looking to replace Social Security numbers with some other form of personal identifier … A 2013 data breach at Yahoo affected all 3 billion of its accounts … Equifax has been awarded a $7 million contract by the IRS to help prevent fraud at the agency … The CEO of Ford has a six-point plan to turn around the automaker … ATM fees have grown 55% in the past decade … Here are 17 jokes that only smart people will appreciate … Today is National Taco Day … How to release your anger without hurting others … The CEO of Equifax threw an employee under the bus while testifying before Congress yesterday … What is the best approach to negotiating your salary?
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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.