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Home Daily Digest

Daily Digest – September 5. Getting to Know Michael McCormick of State Collection Service; Judge Certifies Class in FDCPA Text Opt-Out Case

mikegibb by mikegibb
September 5, 2024
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Getting to Know Michael McCormick of State Collection Service

  • Michael McCormick has mellowed from his younger days as a consumer bankruptcy attorney and confident basketball player. Now the Compliance Manager at State Collection Service, he spends his days worried about fouls of another kind. Read on to learn more about Michael, his kind words for his former boss, and the change he would make to the FDCPA if he were in charge of the CFPB or Congress.
  • More details here
  • This series is sponsored by TEC Services Group

Judge Certifies Class in FDCPA Text Opt-Out Case

  • A District Court judge in Pennsylvania has granted a plaintiff’s motion to certify a class action in a Fair Debt Collection Practices Act suit where the defendant was accused of sending text messages to the plaintiff after the plaintiff allegedly opted out of receiving texts.
  • More details here

Republican AGs File Another Lawsuit to Block Student Loan Debt Forgiveness

  • Missouri Attorney General Andrew Bailey, leading a coalition of seven states, filed a lawsuit this week against the Biden-Harris Administration’s third attempt at mass student loan forgiveness. This lawsuit, accusing the government of a “cloak and dagger” strategy, comes just days after the Supreme Court upheld a previous ruling against the Administration’s second loan cancellation plan.
  • More details here

The States Where Consumers Are Having the Toughest Time Making Ends Meet

  • If you are curious what parts of the country are doing better — or worse — financially than others, or if you are looking for a data source to help you develop collection strategies, the Census Bureau’s Household Pulse Survey might be worth a look. For example, the survey includes data on individuals who are having difficulty paying for household expenses, and breaks it down on a state-by-state and metropolitan statistical area basis.
  • More details here

C&R Software Acquires SpringFour, Expanding Reach of Financial Health Solutions

  • C&R Software, the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a CORA Group company, today announced the acquisition of SpringFour, the first-of-its-kind, leading financial health fintech.
  • More details here

WORTH NOTING: Safety tips if you are as worried as I am about your drink getting spiked … The one condition where it’s ok as a wedding guest to leave early, according to an etiquette expert … How much sleep people need at different stages of their life … A topic that has been discussed at our dinner table — is Capri Sun ditching the pouch? … The generation that gets scammed the most online is going to surprise you … Of the Top 5 reality shows of all time, there is only one that I have ever watched and I stopped watching it years ago … What should you do if your company is trying to get you to quit? … A look at who is going to be calling NFL games this season.

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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