Getting to Know John Erickson of Credit Service International
- John Erickson might just serve as the prototype for the modern renaissance man. Between his devotion to his faith, his love of dogs, sailing, and tennis, and his commitment to personal and professional growth, he’s the kind of person you either admire for his efforts or hate for how much he seems to have it all together. Read on to learn more about John, why he thinks complexity is a good thing for the credit and collection industry, and which dog breed is the best, in his opinion.
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- This series is sponsored by TEC Services Group
Court Backs Certification in Fee-Based Collection Letter Suit, Questions Adequacy of Representative
- A New Jersey Appeals Court has affirmed the certification of a Fair Debt Collection Practices Act case over an alleged attempt to collect improper fees while remanding the case back to state court to determine whether the plaintiff is able to represent both of the suit’s subclasses.
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Former CFPB Enforcement Leaders Launch New Strategic Litigation Project
- Three former senior enforcement lawyers from the Consumer Financial Protection Bureau are taking on a new role in consumer advocacy. Eric Halperin, Cara Petersen, and Tara Mikkilineni have joined Protect Borrowers as senior fellows to launch a strategic enforcement project aimed at challenging what they describe as harmful corporate practices affecting workers, consumers, and small businesses.
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CFPB Proposes Major Revisions to Small Business Lending Rule
- The Consumer Financial Protection Bureau has released a new proposal to significantly revise its Section 1071 small business lending rule, aiming to reduce compliance burdens, narrow the scope of required data collection, and delay the start date for reporting. The move comes as the agency continues to face litigation over the 2023 rule and ongoing questions about its own long-term funding.
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WORTH NOTING: Probably not a surprise to anybody, but a new study links poverty and indebtedness to an increase in the chances of somebody dying young … I bet you didn’t realize there was a difference among gift cards. Here is a list of the best ones … Cash App has unveiled a new AI assistant that answers questions about your finances … Definitely not my font style of choice, but thanks to AI, it’s making a comeback. … This will likely be considered sacrilege by some, but here is a list of 22 different replacements for the Thanksgiving turkey … Did you know that today is World Kindness Day? … A list of the 100 must-read books of 2025. … You just learned the person who does the same job as you is making more money than you. What do you do next?
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.
