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.
MANY AMERICANS STILL NOT MAKING ENDS MEET: STUDY
- Even with the unemployment rate hovering at all-time lows, a surprising number of Americans are still struggling to make ends meet, according to a report published yesterday by the Urban Institute. “Economic growth and low unemployment alone do not ensure everyone can meet their basic needs,” wrote the report’s authors, who revealed that 40% of Americans had problems paying for the basic necessities of life — food, health care, housing or utilities — last year.
JUDGE GRANTS MOTION TO DISMISS FDCPA SUIT OVER SETTLEMENT OFFERS
- A federal judge in Illinois has granted a defendant’s motion to dismiss a lawsuit alleging it violated the Fair Debt Collection Practices Act because it gave a plaintiff two kicks at the settlement can.
JUDGE GRANTS PARTIAL SUMMARY JUDGMENT FOR DEFENDANT IN FDCPA SUIT
- A District Court judge in Nevada has partially granted summary judgment in favor of a defendant who was sued for allegedly violating the Fair Debt Collection Practices Act by including disclosure notices on the reverse side of its collection letter. As well, the judge ruled that the plaintiff could not establish an FDCPA violation had occurred by merely showing a collector had violated a state law.
BCFP STUDENT LOAN OFFICIAL RESIGNS, BLASTS TRUMP ADMINISTRATION
- The individual in charge of overseeing student lenders and debt collections related to student loans at the Bureau of Consumer Financial Protection has resigned, and he made sure to scorch the earth on his way out the door.
WORTH NOTING: Why Americans are making less money … A man is facing 10 felony counts for stiffing his dates and skipping out before the bill arrived … The states where $300k can buy you the biggest house … Kraft got the town of Mayo, Florida to rename itself Miracle Whip … The importance of sleep to your productivity … But getting too much sleep can be just as dangerous as not getting enough … The places where young people are moving … The most scenic restaurants in the United States … While plastic straws are getting a lot of attention, they aren’t the biggest problem when it comes to what we’re throwing in the ocean … How successful people write emails to get what they want.
How to handle household emergencies like a pro
Magic tricks revealed
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.
