DEMS TAKE BIG SWING AT INVESTIGATING STUDENT LOAN SERVICERS, DEPT. OF EDUCATION, CFPB
- The three Democrats in charge of the House Financial Services Committee, the House Education and Labor Committee, and the House Oversight and Reform Committee threw down the student loan gauntlet yesterday, firing off letters to regulators and the largest student loan servicers, seeking a huge amount of information about their dealings with the Department of Education and whether the federal government is doing enough to help and protect individuals with student loans.
NEW PRA CALL CENTER TO BE SMALLER THAN ORIGINALLY PLANNED
- PRA Group has scaled back on plans to open a new call center in Danville, Va., and has also delayed the timeline for opening the new facility, according to a published report.
BIG SPIKE IN NEW LAWSUITS FILED IN JULY: WEBRECON
- Executives in the credit and collection industry — especially those working in compliance — who were hoping for a slow, relaxed summer have definitely been disappointed, based on data released yesterday by WebRecon that shows a dramatic uptick in the number of lawsuits filed by consumers.
PERFORMANT REPORTS HIGHER REVENUES, BUT LARGER LOSS IN 2Q
- Performant Financial Corp. announced a 14% increase in revenue for the second quarter, compared with the same period a year ago, but a net loss of $6.4 million, down from $3.6 million last year.
NEW APP UNVEILED TO AUTOMATICALLY BLOCK CALLS
- Companies in the credit and collection space might want to add a new app to the growing list of products and services they need to check against to make sure their calls are not being blocked or mis-labeled as fraud or spam.
WORTH NOTING: A travel checklist for vacationing with friends and family … Why you should be concerned that a recession is coming … It’s August, which means it’s time for Pumpkin Spice everything … The pay gap that nobody is talking about — being left-handed … Where business in America is booming … Why more employers are caring less about drug tests … Why you should wait until next month to buy an iPhone … Someone is writing off the Boston Red Sox.
Secret hiding places you’ve never thought of
The best tiny homes you can buy on Amazon
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.
DEMS TAKE BIG SWING AT INVESTIGATING STUDENT LOAN SERVICERS, DEPT. OF EDUCATION, CFPB
- The three Democrats in charge of the House Financial Services Committee, the House Education and Labor Committee, and the House Oversight and Reform Committee threw down the student loan gauntlet yesterday, firing off letters to regulators and the largest student loan servicers, seeking a huge amount of information about their dealings with the Department of Education and whether the federal government is doing enough to help and protect individuals with student loans.
NEW PRA CALL CENTER TO BE SMALLER THAN ORIGINALLY PLANNED
- PRA Group has scaled back on plans to open a new call center in Danville, Va., and has also delayed the timeline for opening the new facility, according to a published report.
BIG SPIKE IN NEW LAWSUITS FILED IN JULY: WEBRECON
- Executives in the credit and collection industry — especially those working in compliance — who were hoping for a slow, relaxed summer have definitely been disappointed, based on data released yesterday by WebRecon that shows a dramatic uptick in the number of lawsuits filed by consumers.
PERFORMANT REPORTS HIGHER REVENUES, BUT LARGER LOSS IN 2Q
- Performant Financial Corp. announced a 14% increase in revenue for the second quarter, compared with the same period a year ago, but a net loss of $6.4 million, down from $3.6 million last year.
NEW APP UNVEILED TO AUTOMATICALLY BLOCK CALLS
- Companies in the credit and collection space might want to add a new app to the growing list of products and services they need to check against to make sure their calls are not being blocked or mis-labeled as fraud or spam.
WORTH NOTING: A travel checklist for vacationing with friends and family … Why you should be concerned that a recession is coming … It’s August, which means it’s time for Pumpkin Spice everything … The pay gap that nobody is talking about — being left-handed … Where business in America is booming … Why more employers are caring less about drug tests … Why you should wait until next month to buy an iPhone … Someone is writing off the Boston Red Sox.
Secret hiding places you’ve never thought of
The best tiny homes you can buy on Amazon
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.
