MAINSTREAM MEDIA FIRING SQUAD
- This headline is priceless: How Debt Collectors Ruin Lives: They can dock your pay and ruin your credit. As if it’s something deliberate being done to consumers and not a result of avoiding their financial obligations. This is the fight the industry has when it comes to dealing with the mainstream media.
MISSOURI AG MAKING CHANGES
- The Attorney General of Missouri is going to announce a proposal today to curb what he calls “abusive debt collection practices” that especially target minorities.
TOWN FIRES COLLECTION AGENCY FOR POOR RESULTS
- The city of Altus, Okla., has dumped one collection agency in favor of a collection law firm to help recover unpaid utility bills.
COUNTY ENDS DEBTOR’S PRISON
- Benton County, Wash., will stop jailing defendants who can not pay their court fees. Most counties send the debts to collection agencies for recovery. The report did not include any statistics as to how many defendants were jailed because they could not pay their fines.
WORTH NOTING: The number of new credit cards issued continues to increase, although the limits on those cards is dropping, according to data published by the American Bankers Association … A Texas dating site is in hot water for “aggressive” debt collection practices when customers tried to cancel their service … A tragic day in California yesterday; Two suspects have been named … Starbucks is launching delivery service in Seattle … More companies are allowing employees to pick their own work hours … The top paid TV personalities … Bankrupt Radio Shack named Nick Cannon its chief creative officer … How to figure out when you are most productive … Graceful ways to cut a conversation short … How one entrepreneur scored 94 leads in 16 hours … 50 places you should travel next year … CEOs are not optimistic about next year … How much you should tip during the holidays.
The new “Batman vs. Superman” trailer was debuted last night
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