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 GRANTS SUMMARY JUDGMENT FOR DEFENSE IN FDCPA LETTER CASE
- A federal judge in Illinois has granted summary judgment in favor of a collection agency that was sued for violating the Fair Debt Collection Practices Act because the plaintiff alleged the creditor could have collected interest from the plaintiff through post charge-off fees once the agency closed out his account.
FEDERAL EMPLOYEES GETTING ADVICE ABOUT MANAGING DEBTS WHILE OUT OF WORK
- Debt collectors may want to start preparing to receive a lot of letters and phone calls from furloughed federal employees who will likely start falling behind on their bills as a result of the government shutdown.
IMMIGRATION PROPOSAL COULD SUBJECT FEDERAL GOV’T TO FCRA COMPLIANCE
- Could the federal government be forced to start complying with the Fair Credit Reporting Act? It’s possible, if it continues to move forward and use credit scores in reviewing immigration applications, according to a published report.
FTC RUNS OUT OF MONEY, FORCED TO SUSPEND ALMOST ALL INVESTIGATIONS UNTIL SHUTDOWN IS OVER
- The Federal Trade Commission has run out of money and must suspend all of its investigations, including those into egregious debt collection activities, according to a published report.
WORTH NOTING: Especially during the holidays, beware of something scientists are calling “cute aggression” … Eagles quarterback Nick Foles narrowly missed a $1 million bonus … Roger Federer and Serena Williams will play each other — in a mixed doubles match — tomorrow … Deals and freebies to help you ring in the New Year … Why you shouldn’t put vodka in the freezer … Signs you’ve outgrown your job … Why the TSA is deploying more floppy-ear dogs … How much it costs to get a babysitter on New Year’s Eve … How to grow your LinkedIn network.
Why Google Photos is better than iCloud
How to get over failure
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.