WISCONSIN REGULATOR ISSUES WARNING TO COLLECTORS IN FORM OF ‘EMERGENCY GUIDANCE’
- The state of Wisconsin yesterday became the latest state to try and protect its consumers via emergency regulations that restrict how debts are collected there, but while it did not include any specific measures, the state’s Department of Financial Institutions did make some eye-opening claims and threats.
STATE AGs ASK CFPB TO WITHDRAW CREDIT REPORTING GUIDANCE
- Attorneys general from nearly two dozen states, the District of Columbia, and Puerto Rico wrote a letter yesterday to Kathleen Kraninger, the director of the Consumer Financial Protection Bureau, requesting that the agency withdraw its guidance for how debts should be reported to the credit bureaus during the COVID-19 pandemic.
STATES TAKE STEPS TO PROTECT STIMULUS CHECKS FROM COLLECTORS
- One of my most favorite TV shows ever is “The West Wing.” In one episode, President Bartlet participates in a town hall meeting discussing the need for a constitutional amendment that would make flag burning illegal. During the meeting, as people are giving passionate speeches about the importance of the flag and all it stands for, President Bartlet says, “There is a population in this country that seems to focus so much time and energy into this conversation, so much so that I am forced to ask this question – is there an epidemic of flag burning going on that I’m not aware of?” I am reminded of that quote as I see a growing number of articles that discuss the importance of protecting the economic stimulus checks being sent to Americans from debt collectors. Is there an expectation that debt collectors are just waiting by the mailboxes of Americans waiting to take that check as soon as it is delivered?
SUPREME COURT CHOOSES KEY TCPA CASE AS ONE OF 10 ON WHICH IT WILL HEAR REMOTE ARGUMENTS
- A case that calls the entire Telephone Consumer Protection Act into question has made the cut as one of 10 cases that the Supreme Court will hear arguments on via teleconference next month, the high court announced yesterday.
WORTH NOTING: Looking at how quickly coronavirus is spreading state by state … The best dramas on Amazon Prime right now … Meat may be the next thing to go missing on grocery store shelves … COVID-19 didn’t keep Christian McCaffrey from getting paid … My family helped contribute to the strong home opening of “Trolls World Tour” … Students can get free Whoppers from Burger King this week … The best web browser for people who are working from home … If you need to cover your tracks when you go online … The five products that consumers are stockpiling most.
How to self-isolate with a dog
What it was like making SNL from home
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.