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Home Daily Digest

Daily Digest – May 23. Getting to Know Jeremy Felder of Chase Receivables; Rising Interest Rates Causing More Credit Card Delinquencies

mikegibb by mikegibb
May 23, 2018
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The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

GETTING TO KNOW JEREMY FELDER OF CHASE RECEIVABLES

  • Jeremy Felder is likely in the minority when he says the industry is begging for more regulation, but if you read his answer why, it makes a lot of sense. Jeremy does an outstanding job of explaining his reasons why the industry needs more regulation, why his office is perfectly tailored to feed his love of all things aviation-related, and why not being busy is a bad thing for him. Read on to learn more about Jeremy and the changes that are coming to the industry that really excite him.

 

RISING INTEREST RATES CITED AS REASON FOR RISING DELINQUENCY RATES ON CREDIT CARDS

  • Collection agencies, especially those that collect on credit card debts, may want to keep a close eye on interest rates, because one economist is pointing to rising interest rates as a reason why delinquency rates on credit cards are climbing.

 

ACA INTERNATIONAL SPOTLIGHTS INDUSTRY WIN IN FDCPA CASE OVER CREDITOR’S NAME IN VALIDATION NOTICE

  • ACA International has spotlighted a recent court ruling in which a collection agency was granted summary judgment after being accused of violating the Fair Debt Collection Practices Act by not properly identifying the creditor in a validation letter.

 

CLASS-ACTION LAWSUIT FILED AFTER PLAINTIFF RECEIVES TWO PRE-RECORDED CALLS ON MOBILE PHONE

  • A class-action lawsuit has been filed against a collection agency that alleges the company placed “thousands” of calls to the mobile phones of individuals without first obtaining their consent, which is a violation of the Telephone Consumer Protection Act.

 

CALLSHAPER JOINS FORCES WITH THE BLACKLIST ALLIANCE

  • CallShaper, LLC (CallShaper), the originator of a cutting-edge cloud-based dialer platform, announces their partnership with The Blacklist Alliance (Blacklist), whose mission is to minimize the impact and expense of abusive Telephone Consumer Protection Act (TCPA) litigation.

 

WORTH NOTING: The House of Representatives passed legislation yesterday to ease banking regulations … If this is true, I should be the most productive person on the planet … Parents had to sue their 30-year-old son to get him to leave the house … Nearly 25% of American’s can’t afford a summer vacation this year … But airlines expect to be busier than ever … The simple questions that Steve Jobs used to turn Apple into an innovation “powerhouse” … The head of the Environmental Protection Agency spent $10,000 to decorate his office … Getting extra sleep on the weekend doesn’t make up for not getting it during the week … Stay away from sunscreen pills, the FDA is warning … Why you should consider selling your home now.

Can you solve this riddle?

Using data to predict crime

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

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