The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
GETTING TO KNOW DAVID KELLEY OF THE PREFERRED GROUP OF TAMPA
- When asked what he would be doing if he weren’t working in the credit and collection industry, David Kelley mentioned being a pastor or being a baseball coach. The intersection of those two professions might be why he’s found his niche in this industry, having worked his way up from collector to running his own agency. Read on to learn more about David and how coffee helps fuel his productivity.
JUDGE DENIES MTD IN FDCPA SOL CASE
- A District Court judge in Illinois has denied a defendant’s motion to dismiss after a plaintiff filed a class-action lawsuit alleging the defendant violated the Fair Debt Collection Practices Act by failing to mention in a letter that payment on a settlement offer would restart the statute of limitations on the underlying debt.
ACA SUBMITS LETTER AS KRANINGER PREPS TO TESTIFY BEFORE HOUSE COMMITTEE
- In advance of Consumer Financial Protection Bureau Director Kathy Kraninger’s first time before the House Financial Services Committee today, ACA International has submitted a letter to the committee, detailing how Congress should “urge [the CFPB] to create transparent and workable policies for the financial services industry.”
REP. WATERS LEADS COALITION OF DEMOCRATS WITH NEW BILL AIMED AT UNDOING CHANGES AT CFPB
- A group of 30 House Democrats have introduced legislation aimed at undoing many of the changes that were put in place at the Consumer Financial Protection Bureau during the year-long reign of former Acting Director Mick Mulvaney.
FTC ISSUES NPRM TO UPDATE SAFEGUARDS, PRIVACY RULES
- The Federal Trade Commission has issued a notice of proposed rulemaking that seeks to update both its Safeguards Rule and Privacy Rule under the Gramm-Leach-Bliley Act. The proposed rules will expand the scope of what defines a “financial institution” covered under the rule and require institutions to implement two-factor authentication procedures for any time an individual wishes to access his or her account.
WORTH NOTING: Sad news for “Jeopardy” fans … The city of Newark, N.J. is paying $27 million to lease property it sold in 2017 for $1 … Why recruiters are not as likely to click on a woman’s profile when searching on LinkedIn, but they may have a more successful job-hunting strategy … How to become a master communicator … It’s never too early to start planning for your 2019 tax return … How to score deals and freebies in March … Everything you missed in the “Game of Thrones” trailer … The least stressful jobs in America.
Master the art of networking
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The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.