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Home Daily Digest

Daily Digest – December 29. Government Should Have To Comply With FDCPA; Eight Steps To Improve Collections

mikegibb by mikegibb
December 29, 2015
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SENATOR: FEDERAL GOV’T SHOULD HAVE TO COMPLY WITH FDCPA

  • Sen. Cory Booker [D-N.J.] has turned to CNN to garner support for a bill he has introduced to add more consumer protections to the debt collection process. In an Op-Ed published yesterday, Booker writes that “collectors are too often taking advantage of loopholes in the law to abusively and unrelentingly target families who may — or may not — owe money.” Booker’s bill would require departments of the federal government be required to comply with the FDCPA, while also commissioning an official government study of the debt collection process at the state and local level.

EIGHT STEPS TO A BETTER YOU

  • While written for credit unions, a service provider that offers debt collection products and services has shared eight ways that collection operations can be improved. Those suggestions include developing workflows, offering incentives, what to look for when hiring collectors, the importance of communication, knowing when to outsource, reporting and analytics, training, and technology.

WORTH NOTING:  Profiling a woman who runs six different companies on her own … Why you need to make an “already done” list right now … Three bad habits that keep success out of reach … Is the first line of the new “Star Wars” movie an insult aimed at George Lucas? … The most unforgettable pictures of 2015 … Why it feels like you are the only one working this week … You can exchange unwanted gift cards at Target … Things not to buy in 2016 … More people are going to be switching jobs next year.

Netflix is helping parents who want to put their kids to bed before midnight on New Year’s Eve but still celebrate

A compilation of hoverboard fails

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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