Getting to Know Dave Bader of Mission Lane
- Dave Bader fancies himself a juggler. Not of chainsaws or bowling pins, but tasks. His talent for multi-tasking has come in handy during his career, first at Capital One and now at Mission Lane, where he spends a good chunk of his day communicating and collaborating with coworkers. Read on to learn more about Dave, which Oreo special edition is the best, and why imposter syndrome isn’t a bad thing.
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- This series is sponsored by TEC Services Group
Appeals Court Upholds Denial of Motion to Vacate Satisfied Debt Judgment in Licensing Dispute
- In a case that was defended by Rick Perr and Monica Littman of Kaufman Dolowich, a New Jersey appeals court has affirmed a lower court’s ruling denying a consumer’s motion to vacate a default judgment years after it was satisfied, disagreeing with the consumer’s allegation that the debt was void because previous owners of the debt were not licensed lenders in New Jersey.
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Colorado Sued Over Medical Debt Credit Reporting Ban
- ACA International and Creditors Bureau USA yesterday filed a lawsuit challenging Colorado’s medical debt credit reporting law on the grounds that it is preempted by the Fair Credit Reporting Act. The suit was filed days after the Consumer Financial Protection Bureau formally withdrew guidance and stated that the FCRA preempts state laws governing credit reporting.
- More details here
Household Debt Climbs, But Liquidity Cushion Still Looks Solid
- Total household debt rose to $18.59 trillion in the third quarter of 2025, according to data released yesterday by the Federal Reserve Bank of New York and WalletHub. On a per-household basis, balances reached $154,152, still $13,466 below the real-term peak. Liquidity metrics remain a relative bright spot: the debt-to-deposits ratio is 23% better than its historical average, and debt-to-assets sits at 9.36%, 24% better than long-run norms. For credit & collections leaders, that combination means capacity to repay remains, for the most part, intact, even as strain concentrates in specific products and consumer segments.
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WORTH NOTING: A lot more consumers are worried about having enough money for holiday gifts this year … 20 different tools to help you add intelligence to business processes … A meal prep influencer shares his favorite cooking hacks … Not quite sure what he was thinking when he did this … Which prescription drugs are the most expensive for consumers to buy … The “one-hour rule” can become your new secret weapon for growth … A look at the most popular baby names for 2025 so far … Why you should act your age when it comes to exercising.
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.
