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Home Daily Digest

Daily Digest – January 17. Colorado AG Fines Collector $500k for Collecting on Illegal Loans; Judge Rules Maine FCRA Partially Preempted by Federal Law

mikegibb by mikegibb
January 17, 2024
in Daily Digest
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Colorado AG Fines Collector $500k for Collecting on Illegal Loans

  • The Attorney General of Colorado yesterday announced a settlement with TrueAccord that will see the company pay $500,000 to settle claims it collected on illegal high-interest debt.
  • More details here

Judge Rules Maine FCRA Partially Preempted by Federal Law

  • A District Court judge in Maine has granted partial declaratory relief to a trade organization representing credit reporting agencies that sued the state for overstepping its authority by enacting its own version of the Fair Credit Reporting Act.
  • More details here

House Financial Services Committee Forms AI Working Group

  • The top Republican and Democrat on the House Financial Services Committee announced last week the formation of a bipartisan working group on artificial intelligence that will examine how the technology is impacting the industry.
  • More details here.

20 Companies Seeking Collection Talent

  • Nearly two dozen companies in the ARM industry are actively looking for new talent. Curious to see which ones they are? Looking for a new gig? Wondering who is hiring for what? Check out this week’s job listings summary to find out.
  • More details here.

WORTH NOTING: It’s so cold in some parts of the country, that Teslas won’t charge … Etiquette experts on what to do when someone asks you to switch seats on a plane … How to move forward at work if you want to turn down a promotion … Professional taste testers rank the best frozen pizzas … A browser extension that can help you de-stress while working … How members of Congress cash in after they leave office … Bill Gates explains how AI will change our lives in the next five years … Scientists have a theory why dogs wag their tails.

How loneliness is killing us

Riddles on a Wednesday

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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