Some quick links to start your Tuesday. The debate over whether allowing robocalls will increase revenue for student loan collections … McDonald’s is getting rid of the dollar menu … Tech companies are paying hackers big bucks to break into their systems … Rich people are giving less to charity … The worst cities for Thanksgiving travel … The world’s most influential business thinkers … Pictures from the aftermath of the terrorist attacks in Paris … The Chevy Camaro is Motor Trend‘s car of the year … As someone who bought their house at the height of the real estate bubble, this chart makes me sad … How ISIS teaches its members to evade detection … Tools to help you run your business from anywhere … Five bills you can negotiate … How successful people stay healthy … The habits of self-made millionaires.
NEWS
- Collection agencies working on behalf of Comcast tried to collect from someone the company thought had not paid his internet bills. The problem? The man had made all his payments, and had the records to prove it. But Comcast didn’t believe him until a news website contacted Comcast about the issue. The problem was fixed the next day.
- The New York Times thinks that debt collection laws have to get tougher because what is currently on the books are being “rendered ineffective by debt collectors using new and devious ways to win court judgments that allow them to seize debtors’ paychecks or bank accounts.” The editorial says that weak laws give abusive debt collectors an opportunity to take advantage of consumers and state need to do more to protect their residents.
- In Florida, the Palm Beach Post is asking for readers who have “been victimized by unscrupulous debt collectors” to contact the newspaper. No doubt because the paper wants to deputize itself in the never-ending fight against evil debt collectors. Maybe collectors should write in and share all the positive interactions that they have had with consumers as a countermeasure.
- Delinquency rates on mortgages fell dramatically in the third quarter of 2015, compared with the same period a year ago, while delinquency rates on auto loans and credit cards remained largely unchanged, according to data published yesterday by TransUnion.
A detective agency run by people who were wrongly convicted of crimes
How to overcome self doubt
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