NDIL JUDGE GRANTS MSJ FOR DEFENSE IN FDCPA OVERSHADOWING CASE
- A District Court judge in Illinois has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act by sending a second collection letter that allegedly overshadowed the validation notice during the 30-day window to dispute a debt.
FORMER FTC BUREAU CHIEF BLASTS PROVISIONS OF CFPB’S PROPOSED RULE
- A former director of the Federal Trade Commission’s Bureau of Consumer Protection, who is now a law professor and a board member of the National Consumer Law Center, has come out and blasted the Consumer Financial Protection Bureau’s proposed debt collection rule, accusing the bureau of violating “email 101” and saying that sending a validation notice via a text message of email is a “terrible idea.”
REPORT DETAILS NUMBER OF INDIVIDUALS WHO HAVE BEEN VICTIMIZED BY PREDATORY DEBT COLLECTORS
- More than one-third of individuals have been victimized by a predatory debt collection scam or predatory lending in the past 10 years, according to a report published by the Public Rights Project.
COMPLIANCE DIGEST – AUGUST 26
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights from eight different compliance experts — Michael Klutho, Virginia Bell Flynn, Lauren Valenzuela, Rick Perr, Boyd Gentry, Mitch Williamson, and Lindsay Demaree — on important compliance topics, such as an Appeals Court ruling over a collection agency employee who claims to have been wrongly fired, a disagreement between the FTC and FCC, and an overlooked FDCPA defense. You’re not going to get that kind of varied perspective anywhere else.
FCC LAUNCHES SCAM GLOSSARY
- Know what an “809” scam is? How about a “Wangirl” scam? Or “slamming?” How about the “Ole’ Idaho Dipsy-Doodle?” Well, I may have made the last one up, but the Federal Communications Commission has launched a new glossary of scams to help protect consumers from being victimized by illegal robocalls and fraudsters.
WORTH NOTING: Inhalers might not work any better than placebos at stopping asthma attacks … How much Andrew Luck is leaving behind as he retires from the NFL … Newlyweds in Texas died in a car crash minutes after being married … Today is National Dog Day … A neat trick if you use Google Photos … For people who want more than just Pumpkin Spice … How to get the most out of your smartphone battery … Why nuking hurricanes is not a good idea.
How to get rid of ants in your house
Music Monday
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.
NDIL JUDGE GRANTS MSJ FOR DEFENSE IN FDCPA OVERSHADOWING CASE
- A District Court judge in Illinois has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act by sending a second collection letter that allegedly overshadowed the validation notice during the 30-day window to dispute a debt.
FORMER FTC BUREAU CHIEF BLASTS PROVISIONS OF CFPB’S PROPOSED RULE
- A former director of the Federal Trade Commission’s Bureau of Consumer Protection, who is now a law professor and a board member of the National Consumer Law Center, has come out and blasted the Consumer Financial Protection Bureau’s proposed debt collection rule, accusing the bureau of violating “email 101” and saying that sending a validation notice via a text message of email is a “terrible idea.”
REPORT DETAILS NUMBER OF INDIVIDUALS WHO HAVE BEEN VICTIMIZED BY PREDATORY DEBT COLLECTORS
- More than one-third of individuals have been victimized by a predatory debt collection scam or predatory lending in the past 10 years, according to a report published by the Public Rights Project.
COMPLIANCE DIGEST – AUGUST 26
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights from eight different compliance experts — Michael Klutho, Virginia Bell Flynn, Lauren Valenzuela, Rick Perr, Boyd Gentry, Mitch Williamson, and Lindsay Demaree — on important compliance topics, such as an Appeals Court ruling over a collection agency employee who claims to have been wrongly fired, a disagreement between the FTC and FCC, and an overlooked FDCPA defense. You’re not going to get that kind of varied perspective anywhere else.
FCC LAUNCHES SCAM GLOSSARY
- Know what an “809” scam is? How about a “Wangirl” scam? Or “slamming?” How about the “Ole’ Idaho Dipsy-Doodle?” Well, I may have made the last one up, but the Federal Communications Commission has launched a new glossary of scams to help protect consumers from being victimized by illegal robocalls and fraudsters.
WORTH NOTING: Inhalers might not work any better than placebos at stopping asthma attacks … How much Andrew Luck is leaving behind as he retires from the NFL … Newlyweds in Texas died in a car crash minutes after being married … Today is National Dog Day … A neat trick if you use Google Photos … For people who want more than just Pumpkin Spice … How to get the most out of your smartphone battery … Why nuking hurricanes is not a good idea.
How to get rid of ants in your house
Music Monday
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.
