ED. DEPT. CANCELS MORE LOANS FOR MISLED STUDENTS
- The Department of Education on Friday announced it was canceling an additional $56 million in student loans for 1,800 individuals who were misled by three different for-profit institutions about their employment and salary prospects and the transferability of credits from the schools to other institutions.
WHITE HOUSE ISSUES ORDER SEEKING TO SLOW BANK MERGERS, GIVE CONSUMERS MORE CONTROL OF THEIR FINANCIAL DATA
- The Biden administration issued a sweeping Executive Order on Friday that touches just about every area of the economy, including the Consumer Financial Protection Bureau and the banking and financial services industry. While the order did not specifically mention debt collection, it is likely that the order will have some impact on the accounts receivable management industry.
COLORADO LATEST STATE TO ENACT PRIVACY LAW
- Colorado has become the third state in the country to enact a comprehensive privacy law, which follows the model set for by the laws in California and Virginia, while possessing its own quirks and nuances.
READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS
- Click here to read this week’s Compliance Digest. You’ll get insights and opinions from 11 different compliance experts — Michael Klutho, Joann Needleman, Sarah DeMoss, Ethan Ostroff, Judd Peak, Jason Tompkins, Brit Suttell, Carlos Ortiz, Laurie Nelson, John Marees, and David Schultz — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.
WORTH NOTING: How we will know when the COVID-19 pandemic is over once and for all … You young’uns — you are the worst tippers in America … The most affordable places to buy a vacation home right now … Why it is so important to be nice at work … Why you need to be aware of the psychological effects of wearing masks in the workplace … You never know what you’re going to find when you renovate your house … What you can do about the latest security flaw in Microsoft Windows … There are emotional support animals, and then there are emotional support animals.
Why are airplanes not getting faster?
Music Monday
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.
