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Home Daily Digest

Daily Digest – September 10. More on PRA, Encore Settlements; BK Filings Down, Consumer Borrowing Up

mikegibb by mikegibb
September 10, 2015
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Some quick links to start your Thursday. The federal government is cracking down on Wall Street fraud … A recap from yesterday’s new iPhone announcement … There have never been so many job openings in the U.S. … Nuke all of your passwords … Showing up last is the most efficient way to wait in line … Tips for being a frugal business owner …

NEWS 

  • You know it’s not going to be good news for the collections industry when The New York Times, Wall Street Journal, and Washington Post are all covering industry news. And the multi-million dollar settlement reached between the Consumer Financial Protection Bureau and debt buyers Encore Capital and Portfolio Recovery Associates is definitely headline news. We’ll have more on this landmark settlement later today.
  • From ACA International: Bankruptcy filings were down 10% in August, compared with the same month last year.
  • Consumer borrowing, especially for larger-ticket items like cars, is booming.
  • New York City has clarified how debt collectors should handle out-of-statute debts.

 

The CEO of Chase Auto Finance talks about leadership

 

Just when you thought you’d won $20,000

 

If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.

Related

Previous Post

CFPB Takes Big Swing at Encore, PRA

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Should CFPB Stand For Curbing Funding of Portfolio Buying?

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