EDCA JUDGE AWARDS $300k IN WILLFUL TCPA DAMAGES TO PLAINTIFF CONTACTED BY COLLECTOR
- A District Court judge in California has granted summary judgment in favor of a plaintiff who sued a collection agency for allegedly violating the Telephone Consumer Protection Act by calling her cell phone 199 times without first obtaining her consent to do so, awarding the plaintiff $300,000 in damages in determining that the violations were willful.
THE ELEPHANT THAT WASN’T IN THE ROOM
- First off, let me tip my hat to John Bedard, one of the most respected and revered members of the credit and collection industry, for the job he did yesterday testifying before the House Financial Services Committee, standing up and representing the industry with poise and prose. He didn’t back down when challenged and he articulated the issues facing the industry in a way that all committee members could understand.
CFPB SHORTCHANGING SCAMMED CONSUMERS, SENATE DEMOCRAT ALLEGES
- The ranking member of the Senate Banking Committee is seeking information from the Consumer Financial Protection Bureau about why individuals who were victimized in a scam by a debt collector are not being afforded the opportunity to receive restitution for what they lost.
STUDENT LOAN FORGIVENESS FINDER RAISES $10M IN VC FUNDING
- A service that aims to help individuals pay off their student loans in the most efficient way possible has raised $10 million in venture capital funding.
WORTH NOTING: For people who care more about the halftime show at the Super Bowl than the game itself … A school has backed off its policy of not allowing students to date one another … For anyone who is thinking of buying a franchise … Sunday is National Coffee Day … The creator of the Labradoodle has some regrets … How to spot employee burnout … Football referees have to dodge players all the time, but cannon fire? … How to turn strangers into friends … Mapping the median income in each state.
How to blow up a balloon
Funny Friday
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.