JUDGE DISMISSES FDCPA CASE OVER NOTATION ON ENVELOPE, PLACEMENT OF DISCLOSURE IN LETTER
- A District Court judge in Michigan has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by including a statement on the envelope of a collection letter.
COMMENT PERIOD FOR CFPB’S PROPOSED TIME-BARRED DISCLOSURE RULE KICKS OFF
- The 60-day window for submitting comments to the Consumer Financial Protection Bureau regarding its Supplemental Notice of Proposed Rulemaking that would require additional disclosures when collecting on time-barred debts starts today, with the publication of the SNPRM in the Federal Register.
AUSTRALIAN COMPANY USING EMAIL AND WHATSAPP TO COLLECT RAISES $14M
- An interesting story from the land Down Under, where a collection agency that has banned its employees from using the word “debtor” and specializes in communicating with individuals via emails and WhatsApp has raised $14 million in venture capital.
1% OF POPULATION PAYS FOR 22% OF HEALTHCARE EXPENSES, BUT WHO PAYS MORE OUT-OF-POCKET MAY SURPRISE YOU
- Talk about proving the 80/20 rule. About 1% of the population in the United States is responsible for 22% of all healthcare spending in the country, according to a newly released data report. About 5% of the population accounts for 50% of all healthcare spending. On average, the top 1% had healthcare bills of more than $116,000 in 2017, the year for which the most recent data is available. This includes all sources of healthcare payments, including private insurance payments, Medicare, Medicaid, and out-of-pocket spending.
CBE COMPANIES HIRES CHIEF GROWTH OFFICER
- CBE Companies yesterday announced that Erik Greer has joined the company as its Chief Growth Officer.
WORTH NOTING: Tracking coronavirus cases in the United States while the pope is being tested to see if he has it. Many employees don’t have sick leave to stay home and get better … A vegan runner is asking her neighbors to keep their windows closed when cooking meat because the smell bothers her … Why you need to make your job interviews harder … A tornado did a lot of damage in Nashville last night … Can you spot the idioms in these photographs? … Chris Matthews abruptly retired last night … The leaning tower of Dallas has finally come down … How to make your own hand sanitizer at home.
The riskiest scams in the United States
Why researchers want car crashes to last longer
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