The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
JUDGE CERTIFIES FDCPA LAWSUIT AGAINST MIDLAND AS CLASS ACTION
- A federal judge from the Eastern District of Illinois has certified a class action lawsuit against Midland Funding, Midland Credit Management, and Encore Capital for allegedly violating the Fair Debt Collection Practices Act after a plaintiff alleged those companies did not provide proper notification that the statute of limitations had expired. The defendants had been arguing that the plaintiff failed to meet the requirements of Rule 23 in order to be the named plaintiff in the case.
GETTING TO KNOW KELLY MACBETH OF CASH FACTORY USA
- It’s been far too long, but the “Getting to Know” profile series is back and is back with a vengeance. For the first time, we’ve had someone use the word “jurisprudential” in a sentence. That has to be a 2,400 SAT word, right? Kelly MacBeth does a great job explaining how the ARM industry benefits the people it is trying to collect from and articulates a strong argument for what everyone here does on a daily basis. Read on to learn more about Kelly and why the drive home from work is often her favorite part of the day.
WARREN SENTS LAUNDRY LIST OF QUESTIONS TO MULVANEY ABOUT CFPB’S OPERATIONS
- Sen. Elizabeth Warren [D-Mass.] has submitted a list of 100 questions to Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection on a wide variety of topics, including asking about whether the CFPB will continue to regulate debt collectors.
FTC COMMISSIONER APPROVED BY SENATE COMMITTEE, JOINS GROUP WAITING TO BE CONFIRMED BY FULL SENATE
- The Senate Commerce Committee has approved the nomination of Rebecca Slaughter to be a commissioner of the Federal Trade Commission. Slaughter joins a number of other commissioners who have been approved by the Commerce Committee but who are still awaiting confirmation by the full Senate. Slaughter was nominated to replace Terrell McSweeny, who announced her resignation from the FTC earlier this month.
WORTH NOTING: President Trump’s lawyer says he will take the fifth in a civil lawsuit so as to not give federal prosecutors any ammunition in their investigation into him or the president … The alleged Golden State Killer, wanted for a dozen murders 30 years ago, has been arrested … Ford is abandoning most of its sedans as it focuses more on trucks and SUVs … Volkswagen is making phone cases out of mangled cars to get people to stop texting while driving … Stories have replaced Powerpoint at Amazon and the result has been “brilliant” … Alexa will start rewarding your kids for being nice … Is the single family house on its last legs? … Lebron James rose to the occasion last night, although some will argue he should have been called for goaltending … An E. Coli outbreak related to romaine lettuce is getting worse. Like I needed more ammunition to avoid salads … Cringeworthy office phrases you need to stop using ASAP … LendingClub has been accused by the Federal Trade Commission of deciding consumers.
The dangers of loneliness
How to survive nuclear fallout
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.