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Home Daily Digest

Daily Digest – November 1. Ohio AG Files Suit Against Alleged Collection Scammers; Servicer Loses $7M Over Failure to Send Timely Statements

mikegibb by mikegibb
November 1, 2023
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Ohio AG Files Suit Against Alleged Collection Scammers

  • The Attorney General of Ohio yesterday announced he has filed a lawsuit accusing an individual and a series of companies of deploying harassing and abusive debts from consumers in the Buckeye State.
  • More details here

Communicating With CRAs Not a Violation of FDCPA, Judge Rules

  • Being denied credit because of a negative item on a credit report is sufficient grounds for a plaintiff to have standing to sue, ruled a District Court judge in New York, but communicating information about an unpaid debt with the credit reporting agencies is not a violation of the Fair Debt Collection Practices Act, so he granted the defendant’s motion to dismiss the case.
  • More details here.

Servicer Loses $7M Over Failure to Send Timely Statements

  • The Department of Education announced on Monday that it was withholding $7.2 million in payments for a student loan servicer — Higher Education Loan Authority of the State of Missouri, or MOHELA — because the servicer failed to send billing statements on time to 2.5 million individuals.
  • More details here.

23 Companies Seeking Collection Talent

  • Whether you are looking for a new job or curious about who is hiring or wondering how much companies are paying new collectors or other employees, the weekly job listings summary is a great way to stay on top of an important part of the industry.
  • More details here.

WORTH NOTING: The backstory behind the song that everyone can sing but nobody knows the lyrics to … Are you one of the high number of people who aren’t getting enough sleep at night? … Someone tell childcare providers that the rate of inflation has slowed … Is job stacking the future of how work will get done? … The jobs that are the most AI-proof are those with blue collars … This is your brain. This is your brain on Zoom … This is the first time I have ever heard or typed “apple-picking apocalypse” … Why working longer is a bad retirement plan.

The craziest things found on Google Maps

Charging Cord Showdown

The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.

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