Getting to Know Peter Fish of Genesis Credit Recovery
- For as long as he has been a lawyer, the credit and collection industry is all that Peter Fish has known. Perhaps it’s the mix of law and business that the industry provides, or that it allows him to take advantage of his interest and ability to be open and collaborative. You’ll agree that someone who takes pride in pointing out a fact related to business growth while not having any staff turnover is not only someone who is good at his job, but also focused on the right objectives. Read on to learn more about Peter, how even his side hustle is industry-related, and how animals fit into his dream job.
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- This series is sponsored by TEC Services Group
Judge Denies MTD in FCRA, FDCPA Case Over Collection Amount
- A District Court judge in Maryland has denied a defendant’s motion to dismiss claims it violated the Fair Credit Reporting Act and Fair Debt Collection Practices Act, ruling the plaintiff has standing after the defendant allegedly attempted to collect more than what was owed.
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Wise Fined $4.2M by State Regulators Over AML Program Deficiencies
- A group of six state regulators has ordered Wise US, Inc. to pay a $4.2 million penalty and undergo sweeping compliance reforms after identifying multiple deficiencies in the company’s anti-money laundering (AML) program.
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Commentary: Digital Discrimination and the Future of Fair Lending Enforcement
- A recent op-ed by Seth Frotman and Tara Mikkilineni, both former senior officials at the Consumer Financial Protection Bureau, has sounded the alarm on what they describe as a coordinated effort by the Trump administration to roll back long-standing federal fair lending protections, potentially impacting how consumer data is used and how financial products are marketed in the digital economy.
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Guest Column: Hiding Medical Debt Won’t Solve America’s Healthcare Crisis
- For more than 100 million Americans, medical debt is an undeniable reality. Policymakers are right to be concerned about the burden it places on individuals and families. However, the Consumer Financial Protection Bureau’s (CFPB) proposed rule banning the inclusion of medical debt on credit reports was a misguided response. The CFPB’s emotionally charged justification for its proposed rule relies on disputed data and anecdotal narratives while ignoring the practical role of credit reporting in healthcare finance, ultimately risking a shift from cooperative repayment toward more aggressive enforcement strategies like litigation and reduced access to financing.
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WORTH NOTING: You can keep your shoes on now at airports … How to spot a conspiracy theory, especially when it pertains to weather … The online research that people do and where they do it before making a purchase … Understanding the difference between being “wealthy” and being “comfortable” … Fewer people are keeping up side hustles these days … The city of Boston is ending the practice of suspending driver’s licenses for individuals with unpaid debts … How to end the cycle if you are always the one putting out fires at work … Why soft skills matter more than ever in the age of AI.
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.
