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Home Daily Digest

Daily Digest – January 29. U.S. Goes After Telecom Companies for Aiding Robocall Scammers; Changes to Credit Score Model Could be New Tool for Collectors

mikegibb by mikegibb
January 29, 2020
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U.S. GOES AFTER TELECOM COMPANIES FOR AIDING ROBOCALL SCAMMERS

  • For the first time, the U.S. government has filed lawsuits against alleged perpetrators of robocalls, seeking restraining orders to stop them from facilitating more fraudulent phone calls.

APPEALS COURT AFFIRMS DISMISSAL OF FCRA CLAIMS FROM BOTH PLAINTIFF & DEFENDANT

  • The Court of Appeals for the Seventh Circuit has affirmed the dismissal of claims from both the plaintiff and defendant in a case in which the defendant was accused of violating the Fair Credit Reporting Act for putting the name of the plaintiff on a pre-screen list that was made available to a creditor looking to promote lending products.

CHANGES TO CREDIT SCORE MODEL COULD BE NEW TOOL FOR COLLECTION AGENCIES

  • Credit reporting could become a more effective tool for collection agencies seeking to recover unpaid debts after Fair Isaac Corp. announced changes to how it calculates its proprietary FICO credit score.

FDCPA, TCPA SUIT NUMBERS KEEP FALLING, WHILE FCRA NUMBERS KEEP CLIMBING: WEBRECON

  • For the third straight year, the number of lawsuits claiming violations of the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act were down while the number of claims related to alleged violations of the Fair Credit Reporting Act were up, according to data released yesterday by WebRecon. The data shows a “cemented” pattern of FDCPA claims dropping by between 6% and 8% per year between 2016 and 2019 and TCPA claims dropping by between 9% and 15% per year over the same period.

WORTH NOTING: How to manage political clashes in the workplace … Watch a participant on the “Antiques Roadshow” get some really good news … Hopefully, the NFL won’t come after me for using the phrase, “Super Bowl” … Why employees steal from their places of employment … How customer service chatbots and virtual assistants are changing customer service … Data breaches in 2019 were a lot higher than a year earlier … Cities that reject your recycle bin if it’s not sorted properly … A lot of Americans are stressed about their financial situation … Does your resume pass the 60-second test?

How to freshen the air without sprays

How to measure a healthy portion when eating

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. 

U.S. GOES AFTER TELECOM COMPANIES FOR AIDING ROBOCALL SCAMMERS

  • For the first time, the U.S. government has filed lawsuits against alleged perpetrators of robocalls, seeking restraining orders to stop them from facilitating more fraudulent phone calls.

APPEALS COURT AFFIRMS DISMISSAL OF FCRA CLAIMS FROM BOTH PLAINTIFF & DEFENDANT

  • The Court of Appeals for the Seventh Circuit has affirmed the dismissal of claims from both the plaintiff and defendant in a case in which the defendant was accused of violating the Fair Credit Reporting Act for putting the name of the plaintiff on a pre-screen list that was made available to a creditor looking to promote lending products.

CHANGES TO CREDIT SCORE MODEL COULD BE NEW TOOL FOR COLLECTION AGENCIES

  • Credit reporting could become a more effective tool for collection agencies seeking to recover unpaid debts after Fair Isaac Corp. announced changes to how it calculates its proprietary FICO credit score.

FDCPA, TCPA SUIT NUMBERS KEEP FALLING, WHILE FCRA NUMBERS KEEP CLIMBING: WEBRECON

  • For the third straight year, the number of lawsuits claiming violations of the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act were down while the number of claims related to alleged violations of the Fair Credit Reporting Act were up, according to data released yesterday by WebRecon. The data shows a “cemented” pattern of FDCPA claims dropping by between 6% and 8% per year between 2016 and 2019 and TCPA claims dropping by between 9% and 15% per year over the same period.

WORTH NOTING: How to manage political clashes in the workplace … Watch a participant on the “Antiques Roadshow” get some really good news … Hopefully, the NFL won’t come after me for using the phrase, “Super Bowl” … Why employees steal from their places of employment … How customer service chatbots and virtual assistants are changing customer service … Data breaches in 2019 were a lot higher than a year earlier … Cities that reject your recycle bin if it’s not sorted properly … A lot of Americans are stressed about their financial situation … Does your resume pass the 60-second test?

How to freshen the air without sprays

How to measure a healthy portion when eating

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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