Getting to Know Matt Stroh of Credit Collections Bureau
- Matt Stroh left his first job in collections feeling like the industry wasn’t a good fit for him. But a little distance and a little time changed his perspective and he’s made the most of his second stint at Credit Collections Bureau in Bismarck, N.D. Read on to learn more about Matt, why you may want to ask him to make your next batch of Christmas cookies, and how he doesn’t let his day plan him.
- More details here
- This series is sponsored by TEC Services Group
Judge Denies Defendant’s MSJ in FDCPA Case Over Lease Termination Fees
- A District Court judge in California has denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case on the grounds that there are genuine disputes of material fact regarding the enforceability of a lease termination clause and whether the collection activity was misleading or unfair under the FDCPA.
- More details here
Credit Union Group Urges Congress to Rein in CFPB
- A credit union trade group is urging Congress to rein in the Consumer Financial Protection Bureau and revise the Dodd-Frank Act, citing a pattern of “regulatory overreach” that has weighed heavily on credit unions and other community financial institutions.
- More details here
Bill Would Raise the Bar for Collection Lawsuits in Pennsylvania
- A bill has been introduced in the Pennsylvania legislature that would require collection operations to provide additional documentation when filing collection lawsuits against consumers in The Keystone State.
- More details here
WORTH NOTING: A lot of consumers are carrying credit card debt, according to a new report from Bankrate … Your credit score is shaped in a lot of ways by the neighborhood where you grew up, according to new research … Questioning a Large Language Model has the same effect as questioning a human, according to new research. It causes the LLM to lose confidence in its answers … A lot of consumers are looking at losing their health insurance at a time when medical debt is going to stay on their credit reports … Arizona just announced it has bought and canceled $429 million in medical debt … How to minimize the impact of aging on your brain … Would you consider adding this ingredient to your chili recipe? … Not getting enough sleep at night? Try yoga.
Top 10 Thursday, part I
Top 10 Thursday, part II
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