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Home Daily Digest

Daily Digest – July 18. Getting to Know Madison Vanderlip of Commercial Services Group; N.M. Judge Dismisses $4M Fraud Claim Against Collection Operations

mikegibb by mikegibb
July 18, 2024
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Getting to Know Madison Vanderlip of Commercial Services Group

  • Is it any surprise to learn that someone the skills learned while spending five years in a classroom teaching kids would translate to helping a company in the accounts receivable management industry stay compliant? It was in the classroom that Madison Vanderlip discovered her love of creating systems and working through projects and she has found the perfect fit at Commercial Services Group. Read on to learn more about Madison, what she will likely sell if she ever opens up a stall at a farmer’s market, and why she is less afraid of speaking up these days.
  • More details here
  • This series is sponsored by TEC Services Group

N.M. Judge Dismisses $4M Fraud Claim Against Collection Operations

  • In a case that was defended by a number of industry attorneys, including David Grassi and Chad Echols of Frost Echols and Brendan Little of Lippes Mathias, a State Court judge in New Mexico has granted a motion to dismiss filed by the defendants — seven different collection operations — that were sued by a former member of the New Mexico Attorney’s General Office for not complying with state licensing laws. The suit sought to recover $4 million in fees that were paid to the defendants and $30,000 in damages for each violation of the applicable statute.
  • More details here

Discover Selling $10B Student Loan Portfolio to PE Firms

  • Discover Financial Services has agreed to sell its private student loan portfolio to investment firms Carlyle Group and KKR for approximately $10.8 billion.
  • More details here

Appeals Court Affirms Dismissal of FCRA Suit

  • The Court of Appeals for the Third Circuit has affirmed the dismissal of a Fair Credit Reporting Act suit after the plaintiff alleged the defendant reported inaccurate information on his credit report. Like the lower court, the Appeals Court determined each of the plaintiff’s arguments lacked merit.`
  • More details here

WORTH NOTING: For those of you heading to San Diego next week, here is the best travel pillow … Takeaways from the Emmy nominations, which were announced yesterday … Meet Sonny from Arizona, the new Gerber baby for 2024 … Costco is selling an “apocalypse” dinner kit that could last for up to 25 years … The top foods for protein that are recommended by nutrition experts … What it’s like to train with Simone Biles … Stop asking for time off, according to some bosses. Just take it … The best disaster movies, according to writers.

Tech Tip Thursday, part I

Tech Tip 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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