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Home Daily Digest

Daily Digest – February 7. Opportunities Everywhere for Companies in ARM Industry; Judge Grants MSJ for Defendant in FDCPA Case Over Differing Amounts in Letter; Dispute Response

mikegibb by mikegibb
February 7, 2024
in Daily Digest
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Opportunities Everywhere for Companies in ARM Industry

  • Las Vegas — Summing up a day’s worth of interactions, conversations, and expert opinions into one word can often be an oversimplification or a marketing gimmick, but if it was a word that was probably one of the most common that was said, it may just also have the benefit of being true. That word for the first full day at RMAI’s Annual Conference is opportunity. Whether it’s the opportunities being presented to buyers and sellers who have more exchange than at any point in the past few years or the opportunities before companies in the industry to take advantage of technology to bring efficiencies and optimization, there are clearly opportunities for companies to be opportunistic.
  • More details here

Judge Grants MSJ for Defendant in FDCPA Case Over Differing Amounts in Letter; Dispute Response

  • A District Court judge in Pennsylvania has ruled that a plaintiff has standing to pursue a Fair Debt Collection Practices Act case in federal court because the plaintiff purchased Tylenol to help deal with symptoms after receiving a collection letter that contained a misleading communication, but granted the defendant’s motion for summary judgment.
  • More details here

Debt Totals, Delinquency Rates Keep Climbing, While Accounts Placed with Agencies Declines

  • Delinquency rates are on the rise. The amount of debt being carried by consumers is on the rise. The number of accounts being placed with third-party collection agencies? That number is on the decline, according to data released yesterday by the Federal Reserve Bank of New York.
  • More details here.

23 Companies Seeking Collection Talent

  • Curious who is hiring and how much they are paying? Wondering which companies may have your dream job waiting for you? Find out in this week’s job listings summary.
  • More details here

RMAI and BBB National Programs Announce New Accountability Service to Enhance Certification Program

  • The Receivables Management Association International (RMAI) and BBB National Programs announced today that, effective March 1, 2024, BBB National Programs will independently administer the Remediation Committee for RMAI’s Receivables Management Certification Program (RMCP).
  • More details here.

WORTH NOTING: The right way to wash a comforter … Changing the color isn’t likely to change my mind on whether or not to eat this … Six different dip recipes to help augment your Super Bowl spread … What would anyone want with a 285-year-old lemon? … Ranking the best Super Bowls of all time … What sports fans need to know about the new streaming service that was announced yesterday … The candidates for the best wildlife photos of the year … The 11 cities with the best mix of jobs, pay, and affordability.

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