Daily Digest – January 12. Getting to Know Rebecca Garland of VeriFacts; Appeals Court Affirms Ruling for Defendant in FDCPA Case

GETTING TO KNOW REBECCA GARLAND OF VERIFACTS

  • There is definitely something to Rebecca Garland’s college dream of teaching kids or inmates and her ending up in the accounts receivable management industry instead, right? But the education system’s loss is the ARM industry’s gain. Having grown from an entry-level employee to part-owner of the company she works at, Rebecca is a perfect example of the opportunities that are awarded to those in the ARM industry who are ambitious. Read on to learn more about Rebecca, her love of True Crime podcasts, and the interesting road that led her to VeriFacts.
  • More details here.

APPEALS COURT AFFIRMS RULING FOR DEFENDANT IN FDCPA CASE

  • The Court of Appeals for the Third Circuit has upheld a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act when it attempted to collect on a judgment that was later vacated.
  • More details here.

COLLECTION LAW FIRM TO PAY $100K AS PART OF SETTLEMENT WITH CFPB

  • The Consumer Financial Protection Bureau yesterday announced it had reached a proposed settlement with a collection law firm that it sued in 2019, requiring the firm to pay a fine of $100,000, dismiss certain pending collection lawsuits, and ensure it possesses specific documents before filing collection lawsuits in the future.
  • More details here.

CFPB PROPOSES RULE CREATING REGISTRY OF NONBANK CONTRACT TERMS

  • The Consumer Financial Protection Bureau yesterday announced a proposed rule to establish a public registry of the “take it or leave it” terms and conditions used in contracts that “claim to waive or limit consumer rights and protections” such as preventing private rights of action and making consumers agree to unenforceable waivers.
  • More details here.

TRUEML NAMES THOMAS OVERTON CHIEF TECHNOLOGY OFFICER

  • One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication in the financial services space, today announced that Thomas Overton will join as Chief Technology Officer.
  • More details here.

WORTH NOTING: It might not feel like it, but inflation is starting to get better … What it’s like when you take a cruise to Antarctica … A new Girl Scout cookie is going on sale next month … How to manage different personality types in a hybrid workplace … What to do if you look younger than your age at work … Any talk about banning gas stoves is more fiction than fact … The most useless college majors, according to career experts … Fans of Sierra Mist may want to start stocking up.

Top 10 Thursday, part I

Top 10 Thursday, part II

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