Collector Facing Class Action for Allegedly Not Honoring Terms of Settlement
- A collector is facing a Fair Debt Collection Practices Act class action lawsuit for allegedly not honoring the terms of a settlement offer it made to the plaintiff, who is now seeking to include anyone else in California who was allegedly treated in the same way.
- More details here.
- This series is sponsored by WebRecon
Appeals Court Overturns FCRA Ruling
- The Court of Appeals for the Second Circuit has vacated a ruling and remanded a Fair Credit Reporting Act case back to the District Court, determining that there is no difference whether an alleged inaccuracy in a consumer’s credit report was “legal” and therefore not within the court’s jurisdiction — if an inaccuracy is objectively and readily verifiable, it is subject to the statute.
- More details here.
How to Effectively Manage Your Team for Peak Performance
- Race cars, Power Rangers, there are a number of different analogies and examples that can be used to describe how all of the employees inside a collection operation need to be performing together for the operation to be successful. Looking at all of the employees inside an operation as a team can help boost performance, make sure everyone is rowing in the same direction, and keep everyone accountable, shared the panelists of a recent AccountsRecovery.net webinar — sponsored by Peak Revenue Learning.
- More details here.
Supreme Court Sets Date for Arguments in CFPB Funding Case
- The Supreme Court released the equivalent of its game schedule for the 2023-24 term last week and is starting the season off with a banger. Arguments in the case debating whether the funding structure of the Consumer Financial Protection Bureau is constitutional will be heard October 3, and while a ruling will not be expected until 2024, it sets the scene for the latest important legal battle facing the Bureau.
- More details here.
Judge Approves Settlement in FDCPA Case
- A District Court judge in Indiana has preliminarily approved a settlement in a Fair Debt Collection Practices Act case over letters that allegedly threatened or implied that litigation may be instituted against the plaintiff when the defendant had no plans to take such action.
- More details here.
WORTH NOTHING: Another reason why you shouldn’t have more than one kid … The best video games of 2023 so far … The best home improvement projects to tackle in the summertime … The most common complaints from bosses who hate remote work … What happens when you ask ChatGPT to be your life coach … Banks are tightening their standards and rejecting more credit applications from consumers … Having friends may help you ward off dementia … Meet a 75-year-old woman who puts me to shame.
Trailer Tuesday, part I
Trailer Tuesday, part II
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.