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Home Daily Digest

Daily Digest – August 20. Arizona Group Pushing for Medical Debt Collection Law; Fewer Consumers Missing Debt Payments

mikegibb by mikegibb
August 20, 2021
in Daily Digest
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ARIZONA GROUP PUSHING FOR MEDICAL DEBT COLLECTION LAW

  • After watching medical debt collection laws pass in a number of states this year, including Nevada and Maryland, the accounts receivable management industry might want to pay attention to what is now going on in Arizona, as a ballot initiative has been started to get a “Predatory Debt Collection Practices Act” passed in the state.

FEWER CONSUMERS MISSING DEBT PAYMENTS: FICO

  • To the likely surprise of nobody in the accounts receivable management industry, fewer consumers are missing their debt payments than ever before, consumers are carrying less debt, and there are fewer consumers actively seeking to borrow money, which all contributed to the average credit score among consumers in the United States setting a record high.

FORMER CFPB STAFFERS LAND, LAUNCH NEW GIGS

  • A trio of former staffers from the Consumer Financial Protection Bureau have landed new gigs or announced their foray into public service. Here are summaries of each move.

GINNY RODRIGUEZ JOINS PLAZA SERVICES AS CHIEF COMPLIANCE OFFICER

  • Plaza Services, LLC, a nationally licensed, professional accounts receivable portfolio investment firm located in Atlanta, GA, is pleased to announce the addition of Ginny Rodriguez as Chief Compliance Officer.

WORTH NOTING: Do we really need to resort to violence over the debate of whether to wear masks in school? … How Walmart catches self-checkout thieves … More people are turning to dollar stores as prices keep rising … Most Americans want their jobs to require the COVID vaccine … How vaccine mandates align with labor shortages … Americans have spent a lot of money at liquor stores during the pandemic … How to eat ice cream cones … One of the largest mortgage lenders is going to start accepting payments in bitcoin.

Why working from home is here to stay

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Arizona Group Pushing For Medical Debt Collection Law

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Researcher Calls on Federal Gov’t To ‘Step Up’ and Help Those ‘Burdened’ With Medical Debt

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Researcher Calls on Federal Gov't To 'Step Up' and Help Those 'Burdened' With Medical Debt

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