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 JOHN STEVENSON OF U.S. CELLULAR
- After 30 years in the business, John Stevenson, the senior director of Financial and Real Estate Services at U.S. Cellular, has a great outlook on the roads that often lead consumers into collections. Most people don’t want to be in that situation, and the goal should be to get people out of it as quickly and easily as possible. Read on to learn more about John, his love of bourbon and bike riding, and his work with the Telecommunications Risk Management Association.
APPEALS COURT VACATES $70,000 IN ATTORNEY’S FEES IN FDCPA CASE
- The Court of Appeals for the Seventh Circuit has overturned a lower court’s decision in an Fair Debt Collection Practices Act case that awarded a plaintiff’s attorney nearly $70,000 in fees.
SENATE BANKING COMMITTEE ANNOUNCES NEW DATE FOR KRANINGER CONFIRMATION VOTE
- The Senate Banking Committee has announced that it will hold its confirmation vote on Kathy Kraninger’s nomination to be the next director of the Bureau of Consumer Financial Protection on August 23. The committee had originally scheduled the vote for earlier this month, but it was postponed without providing a reason.
OPTIO HOPES PERKS WILL ATTRACT CANDIDATES TO JOB FAIR
- Optio Solutions is hoping that free headshots, food, and drink will attract quality candidates to a job fair it is hosting later this month. Acknowledging that a low unemployment rate is making it harder to find quality job candidates, the collection agency is putting its best foot forward as it opens its doors to job seekers.
BEING IN DEBT AKIN TO BEING IN ‘TOXIC’ RELATIONSHIP: SURVEY
- Debt has been compared to a lot of things, but this might be the first time it’s been equated to being an individual’s significant other. A new survey out from Canada compares how individuals feel about their debt burdens is roughly the same as how they feel about their partners, and individuals with a lot of debt are in the equivalent of a “toxic relationship.”
WORTH NOTING: A lot of people overdosed on synthetic marijuana yesterday at a park in Connecticut … Most people don’t want a self-driving car … For people who want closure over the ending of “Inception” … The best airline loyalty programs, ranked … The best places to find talent and a job … The unwritten rules of baseball don’t always make a lot of sense … Waterfall-related deaths are on the rise, because more people want the perfect Instagram post … When is it ok to tape your boss without his or her knowledge? … Weed killer has been found in Cheerios and Quaker Oats … An android has been cast as the leading role in an upcoming movie.
A roller coaster that lets you high five other riders
When business goals backfire
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.
