GETTING TO KNOW ALICIA SUNDSTROM OF FINANCIAL CREDIT NETWORK
- Thirty-seven years. At the same company. Starting as an outside sales person and moving her way up to now owning the company. Alicia Sundstrom is exactly the kind of success story that makes the accounts receivable management company so unique and so special. The opportunity for advancement and instilling an entrepreneurial mindset is what sets this industry apart and what sets Alicia apart. Read on to learn more about Alicia, her interesting choice for a company mascot, and what she feels is her superpower. This series is sponsored by Applied Innovation.
JUDGE FORCED TO REMAND FDCPA LAWSUIT BACK TO STATE COURT AFTER PLAINTIFF AMENDS COMPLAINT
- If you have read what the experts write regularly in the Compliance Digest and listened to what they say during webinars and podcasts, you’ll no doubt know that there is an interesting battle going on in courts across the country — whether being harmed by what’s in a collection letter or by what a collector says constitutes a concrete injury sufficient for an individual to have met a minimum threshold in order to be able to file a lawsuit in federal court. This battle has turned the legal world upside-down and now you can add Judge Philip P. Simon of the District Court for the Northern District of Indiana to the list of those who aren’t sure which side is up anymore. Judge Simon recently granted a plaintiff’s motion to remand her lawsuit back to state court, after the defendant had moved it to federal court, because the plaintiff amended her complaint to remove any reference to having suffered a concrete injury in order to keep the case in state court.
CFPB ANNOUNCES CRACKDOWN ON ‘JUNK’ FEES
- The canary didn’t make it. Less than a week after publishing a blog post noting that consumers spend $120 billion annually on credit card interest and fees every year, the Consumer Financial Protection Bureau yesterday announced it had published a Request for Information on what it calls “exploitative junk” fees charged by banks and financial services companies.
VIRGINIA AG HALVES FEES CHARGED FOR COLLECTING STUDENT LOAN DEBT
- The Attorney General of Virginia announced yesterday that it is reducing the fees it will charge when collecting on unpaid student loans for individuals who attended certain state colleges or universities. And the AG’s office is asking other colleges and universities to lower their collection fees, too.
WORTH NOTING: Congratulations to Amy Schneider, whose run on Jeopardy! came to an end after 40 appearances … One teacher is turning to hockey pucks as a last resort in the event of a school shooting … Chick-fil-A workers reveal secret menu items … The simple reason why your employees want to quit … How much you need to earn to be in the top 1% in your state … Why you fall asleep so quickly when you’re on the couch … Comparing free antivirus tools against paid ones … RIP to the oldest male gorilla in the world … Would you go public if you couldn’t remember when your child’s birthday was?
More on the four-day workweek
My son is very excited to be there for his number retirement tomorrow night
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