JUDGE PARTIALLY GRANTS MTD IN FDCPA CASE OVER INTEREST & FEES DISCLOSURE IN LETTER
- In what may be the most closely parsed sentence in any collection letter ever, a District Court judge in New York has partially granted and partially denied a defendant’s motion to dismiss after it was sued for sending a collection letter that included the statement, “Synchrony Bank may continue to add interest and fees as provided in your agreement.”
MULVANEY REVEALS HOW GOV’T IS TRYING TO GET FEDERAL EMPLOYEES TO QUIT
- So it turns out that Mick Mulvaney may have had an ulterior motive when he sought to move employees of the Consumer Financial Protection Bureau to offices outside of Washington, D.C.
COMPLIANCE DIGEST – HEAR WHAT THE EXPERTS HAVE TO SAY ON ISSUES AFFECTING THE INDUSTRY TODAY
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights from nine different compliance experts — Dennis Barton, Scott Wortman, Stefanie Jackman, Brit Suttell, Brent Yarborough, Virginia Bell Flynn, Matt Kiefer, Michael Klutho and Judd Peak — on important compliance topics, such as recent court rulings at the District and Appellate levels, new state laws affecting companies in the credit and collection industry, and getting rid of some of the industry’s bad apples. You’re not going to get that kind of varied perspective anywhere else.
FCC ENACTS RULE BANNING SPOOFING OF INTERNATIONAL TEXTS, ROBOCALLS
- The Federal Communications Commission last week voted to approve a proposed rule that will extend prohibitions against robocalls that were passed last year in the Ray Baum’s Act to text messages and international calls. Previously, the anti-spoofing prohibitions in the Ray Baum’s Act only applied to domestic robocalls.
WORTH NOTING: Giving inanimate objects the same legal rights as humans … Maybe you get what’s coming to you when you go into the water while at the “shark attack capital of the world” … How the CEO of Microsoft runs a meeting … The biggest money mistake that millennials make … What is Vietnamese egg coffee and why it’s taking the U.S. by storm … Is this a solution to the student loan debt crisis or a predatory product that will steal students’ futures? … There is no stopping Tom Brady … Words you need to eliminate from your professional vocabulary.
What a $95 salad tastes like
Music Monday
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.