Daily Digest – March 22. FTC Halts Credit Repair ID Theft Scam; Judge Lowers Attorney’s Fees in FDCPA Settlement

FTC GETS ORDER HALTING CREDIT REPAIR SCAM USING FAKE ID THEFT REPORTS TO REMOVE NEGATIVE TRADELINES

  • This was something that was discussed on last week’s webinar on identity theft trends … a credit repair organization has been ordered by a federal judge — at the request of the Federal Trade Commission — to halt operating after allegedly bilking consumer out of millions of dollars by promising to remove negative information from their credit reports by filing fake identity theft reports to explain the transactions.

JUDGE LOWERS ATTORNEY’S FEES BY 30% IN FDCPA SETTLEMENT

  • A Magistrate Court judge in New York has awarded the attorneys representing a plaintiff in a Fair Debt Collection Practices Act $11,297 in fees, after the plaintiff accepted an offer of judgment in the amount of $1,050 over a $59 debt that was owed to the original creditor.

SUPREME COURT DECLINES TO HEAR ARGUMENTS IN TCPA CASE

MEDICAL DEBT WEBINAR RECORDING; HOW THE MAINSTREAM MEDIA IS COVERING THE NEWS

  • Many mainstream media outlets from across the country have picked up the announcement from the three major credit reporting agencies about the changes that they are making to how medical debts are going to be reported on consumers’ credit histories. This is likely to lead to a lot of publicity for medical debt collection in the short-term, as well as when these changes start to take effect. Here is a link to the coverage as well as yesterday’s webinar on the news.

WORTH NOTING: “The Price is Right” is going on a road trip … How to clean the “unconventional” spots in your house … Why your grocery bill might start to skyrocketHow to protect yourself from a Russian cyberattack … I have to say that I think I prefer WhatsApp to text messaging. Here’s another reason why … How consumers are blocking spam calls and text messages … How much more gas is costing for different types of vehicles … Why you should think twice about bringing your own snacks to the movies.

How to record calls on an iPhone

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Check Also

Daily Digest – November 28. Airline Abandons Call-Based Customer Service; N.Y. Gov Signs Medical Debt Anti-Garnishment Bill

AIRLINE ABANDONS CALL-BASED CUSTOMER SERVICE IN FAVOR OF ONLINE CHATS, TEXTS Change often comes in …

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