CFPB Proposes Rule to Ban Medical Debts from Credit Reports
- The Consumer Financial Protection Bureau yesterday announced the next step in its plan to prohibit medical debts from being included on consumers’ credit reports, proposing a rule that would remove $49 billion of debts that are currently appearing on those reports.
- More details here
Reaction to CFPB’s Proposed Medical Debt Credit Reporting Rule
- Given the widespread public attention that the proposal has received in the hours since it was announced, a number of different groups have shared their thoughts and statements. Here is what different individuals had to say.
- More details here
Judge Grants MSJ for Defendant in FDCPA, FCRA Case Over Disputed Debt
- A District Court judge in Michigan has granted a defendant’s motion for summary judgment in a Fair Credit Reporting Act and Fair Debt Collection Practices Act case, ruling that the plaintiff failed to provide sufficient evidence to support her claims. The defendant successfully argued that the plaintiff’s allegations were either factually unsupported or involved legal disputes that could not be resolved under the FDCPA.
- More details here
Ranking The AI Bots
- First, there was ChatGPT. Now, there are a number of Large Language Models out there that offer you the opportunity to use Generative Artificial Intelligence to help you get answers. But which model is best? And at what tasks do different models excel. The Wall Street Journal put five different bots — ChatGPT, Claude, Perplexity, Copilot, and Gemini — to the test on a number of different topics to help understand their strengths and weaknesses.
- More details here
27 Companies Seeking Collection Talent
- If you have wanted to work in the ARM industry and live in Hawaii — now may be your opportunity. Also, there are plenty of credit unions and fintechs looking for collection talent. Check out all the opportunities in this week’s Job Listings summary.
- More details here
WORTH NOTING: What happens to your breathing when you are on your phone or looking at a screen … How to avoid getting sick when taking a cruise … Members of Generation Z want to become entrepreneurs … Failure may not actually make you stronger … How to improve employee retention … The food value wars has a new participant — Starbucks … The inside story of the Titan submersible that shocked the world … How credit scores and mortgage payments can help catch dementia early … The top five regrets that people have when they die.
Riddles to free your inner detective
The best way to clean your hats
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