Home / Daily Digest / Daily Digest – June 11. Billionaire Funding Defense of Collection Suits Details ‘Egregious’ Practices; FCC Commissioner Seeks Confirmation From Carriers About Call Blocking Fees

Daily Digest – June 11. Billionaire Funding Defense of Collection Suits Details ‘Egregious’ Practices; FCC Commissioner Seeks Confirmation From Carriers About Call Blocking Fees

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.

BILLIONAIRE FUNDING DEFENSE OF COLLECTION SUITS DETAILS ‘EGREGIOUS’ PRACTICES THAT HAVE BEEN UNCOVERED

  • A fund set up by a Idaho billionaire to help residents defend themselves against “unreasonable attorney fees” in collection-related lawsuits has so far taken on 102 cases, which represent the most “egregious” instances of individuals being victimized, Frank VanderSloot said in an interview that was published yesterday.

FCC COMMISSIONER SEEKS CONFIRMATION WHETHER CARRIERS WILL CHARGE FOR BLOCKING SERVICE

  • One of the five commissioners on the Federal Communications Commission has written a letter to 14 different phone carriers, seeking details on how each plans to roll out their call blocking services to customers and whether the carriers plan to offer the service for free or charge for it.

WHY THE DATA BREACH AT A COLLECTION AGENCY SHOULD SCARE YOU

  • A popular question that has popped up in the days following the announcement of a data breach at a collection agency that has exposed the personal and financial information of millions of individuals is, “why?” What’s in it for someone to try and steal information from a collection agency?

RELIANT CAPITAL SOLUTIONS CEO PROFILED IN LOCAL BUSINESS MAG

  • A profile in a local business magazine is a perfect example of the type of positive press that companies in the credit and collection industry are capable of obtaining, if they are proactive in looking for it.

KRANINGER MAKES FIRST TV APPEARANCE, TALKS ABOUT PROPOSED DEBT COLLECTION RULE

  • In her first televised interview since becoming Director of the Consumer Financial Protection Bureau, Kathy Kraninger mentioned the agency’s proposed debt collection rule and talked about its upcoming symposium on attempting to define what constitutes an abusive practice under Dodd-Frank.

WORTH NOTING: There isn’t much a man can do that would warrant this kind of punishment … A former NFLer and son of a Hall of Famer has been convicted of rape and is facing life in prison … Why you might not want to consider filing your taxes later than usual … Why women, and not men, are judged for having a messy house … Read this if chronic complaining is a problem at your company … Amazon has launched a credit card for the underbanked with less-than-perfect credit … I think I’ve seen disaster movies that started like this … People aren’t being very honest about what they read.

The former president of Trader Joe’s on vendor relationships

Homemade Father’s Day gifts

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

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