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 MICHAEL FLOCK OF FLOCK SPECIALTY FINANCE
- Michael Flock is living proof that you should follow good advice. Among the best advice Flock says he has ever received was to “never give up.” As someone who lost hearing in one of his ears at 12 and who at 30 was totally deaf — only to regain partial hearing in one of his ears — Flock is evidence that never giving up are pretty good words to live by. Read on to learn more about Michael and how never giving up got him to where he is today.
DISCLOSURE-RELATED FDCPA CLASS ACTION FILED AGAINST LAW FIRM
- A plaintiff has filed a class-action lawsuit against a Florida law office, alleging violations of the Fair Debt Collection Practices Act because the validation notice indicated the individual had 35 days in which to dispute the debt.
CLASS-ACTION SUIT FILED AGAINST EQUIFAX, ALLEGING MIS-REPORTING OF PAID ACCOUNTS
- A California resident has filed a class-action lawsuit against Equifax, alleging the credit bureau is violating the Fair Credit Reporting Act by reporting that individuals had monthly payments due on debts which were actually paid off, lowering those individuals’ credit scores.
DAZED & CONFUSED
- Collection agencies can learn some important lessons about the value of sending regular reminders to individuals about upcoming due dates and instructions about how to make payments, according to the results of a survey of millennials.
WORTH NOTING: Can’t wait for this movie. It’s going to be a good one … Now is the time to be looking for a better job … The cities that have added the most jobs … Sacha Baron Cohen is at it again … How to get a free Slurpee today … The states with the least engaged employees, according to a study of 31 million people … How much money do you need to feel rich? … A good place to eat while you’re in Nashville later this month? … A baby was found after being buried alive for nine hours in Montana … Southwest Airlines will no longer serve peanuts … The most popular ice cream flavor.
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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.
