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Home Daily Digest

Daily Digest – February 15. FCC Report on Robocalls Short on Solutions; Audit Highlights Poor Oversight of Student Loan Servicers

mikegibb by mikegibb
February 15, 2019
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The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.

FCC REPORT ON ROBOCALLS SHORT ON SOLUTIONS TO FIX THE PROBLEM

  • The Federal Communications Commission this week released its first ever report on illegal robocalls, and it seems the only conclusions that can be drawn from the document is that illegal robocalls exist, that the FCC is aware of it, and the agency is trying to do what it can to combat the problem.

AUDIT REPORT HIGHLIGHTS POOR OVERSIGHT OVER STUDENT LOAN SERVICERS

  • The Federal Student Aid (FSA) office, a unit of the Department of Education that offers student loans, has not established policies and procedures to make sure that entities servicing loans on behalf of the government are making the changes they are supposed to make when the entities fail to comply with their contractual requirements, according to the results of an audit conducted by the Inspector General’s office of the Education Department.

VERIZON ANNOUNCES LAUNCH OF CALL FILTERING SERVICE

  • Verizon announced yesterday that it will begin offering a new “call filter” app that will help users “break up” with robocallers. The service, which will include a free version as well as a premium version that will cost $2.99 per month, will display the name, phone number, city, and state of a caller, as well as a picture that has been uploaded by the caller.

SURVEY DETAILS INTEREST IN PAYMENT PLANS TO COVER UNPAID MEDICAL DEBTS

  • More hospitals and healthcare facilities are rolling out payment plans for individuals, and could go a long way toward recovering some of the $7.5 billion or so of medical debt that goes unpaid every year, according to the results of a survey conducted by PYMNTS.com.

WORTH NOTING: If you won the $1.5 billion Mega Millions, what are you waiting for? … Payless is planning on closing all of its shoe stores … How to stop choking when under pressure … More cancer patients are living longer … Nearly three quarters of all bills will be paid digitally by 2022 … Amazon is paying $0 in federal taxes, despite making $11 billion in profits … Why apartment buildings all look the same … Did this caddie get shortchanged? … Surprising statistics about office romances.

Are expensive pillows worth it?

Funny Friday (be forewarned, there is some adult language in this video)

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.

FCC REPORT ON ROBOCALLS SHORT ON SOLUTIONS TO FIX THE PROBLEM

  • The Federal Communications Commission this week released its first ever report on illegal robocalls, and it seems the only conclusions that can be drawn from the document is that illegal robocalls exist, that the FCC is aware of it, and the agency is trying to do what it can to combat the problem.

AUDIT REPORT HIGHLIGHTS POOR OVERSIGHT OVER STUDENT LOAN SERVICERS

  • The Federal Student Aid (FSA) office, a unit of the Department of Education that offers student loans, has not established policies and procedures to make sure that entities servicing loans on behalf of the government are making the changes they are supposed to make when the entities fail to comply with their contractual requirements, according to the results of an audit conducted by the Inspector General’s office of the Education Department.

VERIZON ANNOUNCES LAUNCH OF CALL FILTERING SERVICE

  • Verizon announced yesterday that it will begin offering a new “call filter” app that will help users “break up” with robocallers. The service, which will include a free version as well as a premium version that will cost $2.99 per month, will display the name, phone number, city, and state of a caller, as well as a picture that has been uploaded by the caller.

SURVEY DETAILS INTEREST IN PAYMENT PLANS TO COVER UNPAID MEDICAL DEBTS

  • More hospitals and healthcare facilities are rolling out payment plans for individuals, and could go a long way toward recovering some of the $7.5 billion or so of medical debt that goes unpaid every year, according to the results of a survey conducted by PYMNTS.com.

WORTH NOTING: If you won the $1.5 billion Mega Millions, what are you waiting for? … Payless is planning on closing all of its shoe stores … How to stop choking when under pressure … More cancer patients are living longer … Nearly three quarters of all bills will be paid digitally by 2022 … Amazon is paying $0 in federal taxes, despite making $11 billion in profits … Why apartment buildings all look the same … Did this caddie get shortchanged? … Surprising statistics about office romances.

Are expensive pillows worth it?

Funny Friday (be forewarned, there is some adult language in this video)

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

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