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Home Daily Digest

Daily Digest – December 18. Lawsuit Numbers Decline; CFPB Issues Bulletin on In-Person Collections

mikegibb by mikegibb
December 18, 2015
in Daily Digest
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WHAT DO YOU WANT TO HEAR FIRST? THE GOOD NEWS OR THE BAD NEWS?

  • The number of lawsuits against collection agencies alleging violations of the FDCPA, FCRA, and TCPA declined in November, compared with October, but still remain ahead of last year’s pace, especially FCRA and TCPA lawsuits, which are up 57% and 89% over last year’s numbers, according to data released by WebRecon.

Screen Shot 2015-12-18 at 6.29.47 AM

BE WARY OF POP-INS

  • The Consumer Financial Protection Bureau has issued a compliance bulletin related to collecting debt in person. The bulletin follows a recent consent order where a company was accused of making in-person visits to homes and places of work to collect on unpaid debts. The bulletin cites the provisions of the FDCPA and Dodd-Frank Act that cover how and when debts can be collected in person.

WORTH NOTING: Car sale figures for December are strong, and could push 2015 to an all-time record … Being a great leader means being a great listener … How to write more effective emails … Cyber-security predictions for 2016 … How a company culture leads to success … Inside Bill Gates’s $123 million mansion … The best luxury cars for real life … Signs your boss is incompetent … Google is fighting back over rules for self-driving cars … President Obama roughed it in the wild with Bear Grylls.

This is really happening

Christmas with Will Ferrell

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.

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