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 SUIT AS CLASS ACTION OVER TAX LANGUAGE IN LETTER
- A federal judge in New Jersey has granted a class-action certification motion in a case alleging the defendant violated the Fair Debt Collection Practices Act by sending a letter that included “confusing and incorrect tax information.”
CLASS-ACTION SUIT ALLEGES LAW FIRM PUBLISHED CREDIT SCORES IN COLLECTION SUITS
- A plaintiff has filed a proposed class-action lawsuit against a law firm for allegedly violating the Fair Credit Reporting Act and the Fair Debt Collection Practices Act by including credit card statements that had the plaintiff’s credit score published on them in filings with a state court in an attempt to collect on an unpaid debt.
BCFP ANNOUNCES NEW CAB MEMBERS, NONE FROM ARM INDUSTRY
- The Bureau of Consumer Financial Protection on Friday announced its newly redesigned Consumer Advisory Board, Credit Union Advisory Council, and Community Bank Advisory Council, each a more streamlined version of their predecessors. The Consumer Advisory Board, for example, now has nine members, down from 25 when they were all fired back in June.
MONEY MATTERS: CONSUMERS WANT MORE CONTROL OF HEALTHCARE FINANCES
- The top pain points for consumers related to their healthcare journeys are mostly finance-related, such as knowing what insurance will cover, what the out-of-pocket expenses are going to be, and will they have the money to pay for it, according to the results of a survey conducted by Experian.
CDS SOFTWARE AND INNOVATIVE E-PAY SOLUTIONS ANNOUNCE INTEGRATION
- “It is my pleasure to announce that Innovative E-Pay Solutions and CDS Software have formalized our longstanding relationship. This partnership will allow CollectOne users to recognize the benefits of real-time payment processing through their CollectOne interface and IES merchant account programs that are designed specifically for ARM,” said Jennifer Brummett, Vice President of IES.
WORTH NOTING: For any fans of “The Breakfast Club” … Hurricane Florence is heading for the Eastern Seaboard … Why a Senator has received 3,000 coat hangers in the mail in the past few months … Frozen dinners are making a comeback. Hurray for salisbury steak! … Bad news if you didn’t take a vacation this summer … How successful people push through adversity … You likely won’t see the $5 footlong at Subway anymore … Aaron Rodgers did a pretty good impersonation of Superman last night … Teens would rather text with friends than talk in person … That was an expensive tirade for Serena Williams on Saturday night … Once-in-a-lifetime trips you may want to consider taking right now.
How to overcome anxiety
Giving lazy dads a bad name
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.