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Home Daily Digest

Daily Digest – April 18. Getting to Know Eddie Antoniewicz of Royal Credit Union; Judge Dismisses FDCPA Suit Over Collection Disclaimer

mikegibb by mikegibb
April 18, 2024
in Daily Digest
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Getting to Know Eddie Antoniewicz of Royal Credit Union

  • When I start WARM, a radio station for the collection industry, I know who I am approaching to be the guy who says, “Good morning debt collectors!” ever day. Eddie Antoniewicz may miss being on the radio, but he’s found a career here in the ARM industry. Read on to learn more about Eddie, why he’s the guy for your questions about root beer, and why he prefers working alone before everyone else wakes up.
  • More details here
  • This series is sponsored by TEC Services Group

Judge Dismisses FDCPA Suit Over Collection Disclaimer

  • A District Court judge in New York has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling that the communication alleged to have violated the statute does not meet the threshold for being a communication in connection with the collection of a debt.
  • More details here

Pathward Bank to Pay $700k in Fines, Penalties For Seizing Funds Paid to Debt Collectors

  • The Attorney General of New York yesterday announced that a financial institution will pay $700,000 in fines and penalties for illegally freezing customer accounts and sending debt collectors tens of thousands of dollars that should have been protected or exempt from garnishment.
  • More details here

CFPB Fines Vocational School for Deceiving Students, Hiding Finance Charges

  • The Consumer Financial Protection Bureau yesterday announced an enforcement action against a for-profit vocational school accused of deceiving students about the cost of loans and making false claims about post-graduation hiring rates. The company has been banned from consumer lending and the owner has received a 10-year ban from student lending activities and both must pay $164,000 in civil penalties.
  • More details here

WORTH NOTING: What you eat during the day can have an impact on how well you sleep at night … The 100 most influential people of 2024 … The most stressful time of the day is apparently 8:15 in the morning, according to a new poll … If your local Starbucks is too noisy, they may be doing something about that … The ransomware nightmare at Change Healthcare just went from bad to worse … How much is the ideal amount to have in your checking account? … How to keep leftover food fresh, according to chefs and food experts … The party is over in Arizona.

Top 10 Thursday, part I

Top 10 Thursday, part II

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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