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Home Daily Digest

Daily Digest – October 24. Appeals Court Denies Motion to Re-Hear TCPA Consent Revocation Case; Gov’t Report Slams CFPB Arbitration Rule

mikegibb by mikegibb
October 24, 2017
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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. 

APPEALS COURT DENIES MOTION TO RE-HEAR TCPA CONSENT REVOCATION CASE

  • The Second Circuit Court of Appeals on Friday denied a motion to appeal a ruling from June in the case of Reyes, Jr. v. Lincoln Automotive Financial Services. A plaintiff had sued the car company for violating the Telephone Consumer Protection Act, claiming he had revoked consent to be contacted. But the plaintiff had agreed to be contacted as part of a contract he signed when he leased an automobile from the company. The Second Circuit had ruled in June that the individual does not have the right to revoke consent when the consent is granted as part of a contract. Friday’s ruling upheld that summary judgment.

 

GOV’T REPORT SLAMS CFPB ARBITRATON RULE

  • The Treasury Department yesterday released a report that said the arbitration rule proposed by the Consumer Financial Protection Bureau would lead to a surge in lawsuits that would cost nearly $2.5 billion and only benefit plaintiffs’ attorneys. The Senate is expected to use the report to follow the House of Representatives in blocking the rule’s enactment through the Congressional Review Act.

 

MASTERCARD LAUNCHES NEW PRODUCT TO GIVE CONSUMERS MORE CONTROL

  • Mastercard has launched a new product, called Mastercard Consumer Control, which will allow individuals to see where their card information is stored online. The product is an API that allows consumers where their payment details are kept, allowing them to see how their information is being stored and used.

 

LAWYER DISBARRED FOR NOT PASSING SETTLEMENT FUNDS TO HIS CLIENTS

  • Here is an example of how, sometimes, a debt is not the fault of an individual. A lawyer in Mississippi has been disbarred for taking the funds from a lawsuit settlement and not sharing them with his clients or using the funds to pay off medical debts incurred as a result of an accident which precipitated the lawsuit. The individuals who did not receive their funds ultimately had those debts placed with collection agencies.

 

HOUSING AUTHORITY HIRES COLLECTION AGENCY

  • A non-profit in Kansas is holding a seminar this week for consumers who want to learn more about medical debt. The seminar includes speakers from a number of different stops in the chain, including a lawyer and someone from a medical facility. This kind of event is an excellent outreach idea for companies in the ARM industry to help educate consumers and build goodwill in their communities.

 

WORTH NOTING: A photo of the Secretary of State meeting with the president of Afghanistan may have been crudely altered to make it appear like it was not taken at a U.S. military base … The fastballs won’t be the only things hitting 100 in the World Series, which starts today … Amazon has received 238 proposals from cities and regions to host its new headquarters … Here are the cheapest cars and SUVs that are equipped with self-driving technology … Five tricks to make your meetings more efficient … Mega Millions is making changes to increase the size of its jackpots … More than a month after Hurricane Maria hit Puerto Rico, three-quarters of the island is still without power … How you swipe and hold your phone may be crucial to stopping fraudsters … The average American has had their checking account for 16 years … A 10-year old in Kansas City has been signed by an Italian soccer team.

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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. 

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