The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
GETTING TO KNOW WEBDY BADGER OF ECMC GROUP
- Wendy Badger has perhaps the most specific and well thought out guilty pleasure of anyone in the ARM industry. Leave that to someone who knew in law school that she was looking for a career that is outside of the box. One of the most respected members of the ARM community, you can get it straight from the beagle’s mouth that she’s good at many other things outside of her industry knowledge. Read on to learn more about her.
LAW FIRM STUDIES HOW OTHER COUNTRIES COMPARE TO U.S. IN HANDLING TCPA-LIKE VIOLATIONS
- The United States is “extremely disproportionate” in its penalties for sending text messages or making phone calls without permission, according to an analysis conducted by Innovista Law. The firm analyzed regulatory fines issued in Canada, Australia, New Zealand, the United Kingdom, and Spain, and compared those awards to what the offending company would have been liable for if sued for a violation of the Telephone Consumer Protection Act.
HOUSEHOLD DEBT, DELINQUENCY RATES KEEP CLIMBING
- The amount of household debt in the U.S. rose to a new high in the second quarter of 2017, totaling $12.84 trillion, according to data released by the Federal Reserve Board of New York. That number is an increase of $114 billion from the first quarter of 2017, which was also a record. The amount of household debt, which includes mortgages, auto loans, and credit cards, has not been close to this high in a decade.
CFPB REPORT HIGHLIGHTS GROWING FINANCIAL BURDENS OF STUDENT LOANS
- Student loan debt continues to be a growing problem facing many Americans, young and old, according to data released by the Consumer Financial Protection Bureau yesterday. Most importantly, for the ARM industry, the number of borrowers not making payments high enough to reduce their loan balances has increased, especially among those with balances under $20,000. Half of the group of borrowers in this category are delinquent or in default on their student loans, according to the CFPB.
WORTH NOTING: Travel experts share 100 trips that everyone should take in their lifetime … There is now scientific proof that Disney is the smiliest company in America … Cleveland has passed Las Vegas as the city with the most home values that are under water … Amazon raised $16 billion in a bond offering this week, which is more than the GDP of many countries … A concussion expert says letting kids play football is a form of child abuse … Alabama coach Nick Saban is already in mid-season form … The number of older Americans who are going hungry is still rising … Four ways to spot more business opportunities … Eliminate this word from your vocabulary if you want to live a long life.
How to increase your willpower
The four areas of your life you need to focus on to be happy
The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
