Ed. Dept. Pauses Social Security Garnishments for Student Loan Defaults
- The Department of Education announced a shift in student loan collection efforts yesterday, offering temporary relief to Social Security recipients who are behind on their federal student loans. After initially planning to resume garnishing Social Security benefits starting June 1, the department has reversed course, pausing the previously announced plan for borrowers who are in default.
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Judge Grants MSJ – Again – For Defendant in FDCPA Case Over Disputed Debt
- On remand from the Court of Appeals for the Seventh Circuit, a District Court judge in Illinois has again granted summary judgment in favor of the defendant on the issue of actual damages in a Fair Debt Collection Practices Act case after the defendant was accused of not flagging the underlying account as disputed with the credit reporting agencies.
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Kennedy Tries Again to Overhaul CFPB Compensation
- For at least the fourth time in the past four years, Sen. John Kennedy [R-La.] has sponsored or attached himself to a bill aimed at reining in the compensation practices at the Consumer Financial Protection Bureau. Earlier this week, Sen. Kennedy, a member of the Senate Banking Committee, introduced S. 1923, The CFPB Pay Fairness Act of 2025, which would require the Bureau to align its employee salaries with the General Schedule pay scale used across the federal government.
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26 Companies Seeking Collection Talent
- We all love window shopping don’t we? Looking around at houses or cars and picturing ourselves living in them and driving them around? The same is true for jobs. A new job, maybe in a new city, offers all kinds of opportunities for daydreaming. Check out this week’s job listings summary and get more than two dozen chances to dream.
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WORTH NOTING: The economy is making a lot of consumers change the way they are managing their finances … When it comes to having to make hard choices, thinking less may be your best bet … Fans of Frontierland at Disney World have a month left to enjoy it … More people are eating at home since the start of the pandemic, according to Campbell’s … Independent doctors now account for less than half of all physician practices, according to new research from the American Medical Association … Congressional hearings that may be of interest on the topics of AI, AI, and robocalls and robotexts … How to break the cycle of inefficiency … Did you know there is a list of baby names that are banned here in the United States?
Wisdom Wednesday, part I
Wisdom Wednesday, part II
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