GETTING TO KNOW KELSEY PETERS OF FROST-ARNETT
- Kelsey Peters understands the importance of knowing where you come from. Whether it’s a piece of good advice from her late father, or the uniqueness of the town in which she grew up, or the benefits of working for a legend in the ARM industry, each of those experiences has shaped her and who she has become today. Read on to learn more about Kelsey, why she dreams of hops and barley, and why, if she ever does realize her dream of owning a brewery, it will likely give away ice water for free.
- More details here.
CFPB ASKS JUDGE IN LEXINGTON LAW CASE TO LEVY $3.1B IN FINES AND REDRESS
- The Consumer Financial Protection Bureau has filed a motion in its case against Lexington Law, asking the judge to assess $3.1 billion in penalties — in the form of redress to consumers and fines — arguing that is the amount that the defendants “took” from four million consumers.
- More details here.
PAIR INDICTED FOR RUNNING STUDENT LOAN DEBT SETTLEMENT SCHEME
- A pair of individuals have been indicted by a grand jury in Colorado for their role in running an alleged student loan debt settlement scam. The pair — Jalon Torres and Lisa Marie Ritter — earned more than $1 million from hundreds of victims who were defrauded.
- More details here.
USPS RAISING STAMP PRICES AGAIN
- More money for the U.S. Postal Service means less money for companies in the accounts receivable management industry. The USPS announced this week a 4.8% increase in first-class stamp prices, from 63 cents to 66 cents, effective July 9. This marks the fifth price hike since early 2019 and a nearly one-third increase in stamp costs since then. Postmaster General Louis DeJoy’s 10-year plan aims to bring the USPS to profitability, with higher postage rates being a key component.
- More details here.
IRS TO RESUME NORMAL COLLECTION ACTIVITIES IN MAY
- Companies in the accounts receivable management industry may have someone else to compete with for consumers’ money and attention — the Internal Revenue Service is getting ready to resume normal activities, including collecting on unpaid taxes.
- More details here.
WORTH NOTHING: When facing a ransomware attack, most companies pay up … Even though COVID isn’t as much of a threat as it used to be, you should still wash your hands frequently … I can see holding on to certain albums for 41 years past their due date, but this is not one I would hold on to for that long … The counties that gained — and lost the most — in population last year … The management secrets that you are never taught … Tips to help you save money on groceries … Seeing a lot of headlines about robot lawyers and artificial intelligence … Our water crisis is a result of privileged lifestyles.
Top 10 Thursday, part I
Top 10 Thursday, part II
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