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Home Daily Digest

Daily Digest – August 17. Appeals Court Affirms Ruling for Defendants in FCRA Cases; Ed. Dept. Cancels $4B of Loans

mikegibb by mikegibb
August 17, 2022
in Daily Digest
0
Daily Digest – August 17.  Appeals Court Affirms Ruling for Defendants in FCRA Cases; Ed. Dept. Cancels $4B of Loans

APPEALS COURT AFFIRMS RULINGS FOR DEFENDANTS IN FCRA CASES

  • The Court of Appeals for the Eighth Circuit has affirmed lower court rulings for the defendants in a pair of Fair Credit Reporting Act cases, ruling that injuries allegedly suffered by the plaintiffs because of issues related to bankruptcy notations on their credit reports were not sufficient to confer standing or create a genuine fact dispute on damages.

COLLECTION LAW FIRM NOT SUBJECT TO STATE LENDING LAW, MARYLAND APPEALS COURT RULES

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  • A Maryland Appeals Court has issued a ruling in a case being heard in federal court, determining that law firms engaged in debt collection activities on behalf of a client are not subject to the Maryland Consumer Loan Law.

ED. DEPT. DISCHARGES ALL REMAINING LOANS FOR ITT TECH STUDENTS

  • The Department of Education announced yesterday that it is canceling all the remaining federal student loans for anyone who attended ITT Technical Institute between 2005 and its closure in 2016. This will result in the cancellation of loans for 208,000 individuals who collectively owed $3.9 billion on those outstanding debts.

22 COMPANIES LOOKING TO HIRE COLLECTION TALENT

  • Looking for a new job? Curious to see who is hiring? Want to see how your peers advertise job openings for collectors? Check out this week’s job listings post, which features 22 different opportunities in the accounts receivable management industry.

WORTH NOTING: Catching a 77-pound marlin landed one lucky fisherman $4.4 million … The Girl Scouts have rolled out a new cookie, calling it a “sister” to the Thin Mint … Google is teaching robots to think for themselves … Massachusetts tops the list of the best states to live in this year … The jobs that make the members of each generation happiest … More people are turning to credit cards to make everyday purchases … Today is National Thrift Shop Day … The Bratwurst Queen has been stripped of her title.

Five things you should never do in the kitchen

Movie Clip Wednesday

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.

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