Bills Introduced in House, Senate to Prohibit Medical Debt Credit Reporting
- A pair of bills have been introduced — one in the House of Representatives and one in the Senate — that seek to amend the Fair Credit Reporting Act to prohibit the inclusion of medical debt items on a consumer’s credit report as a show of support for the Consumer Financial Protection Bureau’s efforts to do the same.
- More details here
Utah Appeals Court Affirms Ruling for Debt Buyer Accused of Violating State Licensing Law
- The Utah Court of Appeals has affirmed a lower court’s ruling in favor of a debt buyer that was sued by a group of plaintiffs that alleged the debt buyer’s attempts to collect debts while unlicensed under the Utah Collection Agency Act (UCAA) constituted deceptive and unconscionable acts under the Utah Consumer Sales Practices Act (UCSPA), saying that the debt buyer didn’t intentionally mislead the plaintiffs with its actions.
- More details here.
California DFPI Launches Guide to Teach New Consumers About Debt
- The California Department of Financial Protection and Innovation has released a guide that aims to teach individuals who are new to the United States about the concept of debt, to help them get acquainted with the concept and understand the pros and cons.
- More details here.
Compliance Digest – October 23
- Eight new compliance topics. Eight new things to worry about. But you don’t have to figure them all out on your own. This week’s Compliance Digest features insights from eight experts who tell you exactly what you need to know and worry about for each of those topics
- More details here.
- This series is sponsored by Bedard Law Group
Leading AR Management and Debt Collection Company CACi and Day Knight & Associates Merge
- The leadership of CACi and Day Knight & Associates (DKA) announced today that DKA is joining forces and merging with CACi.
- More details here.
WORTH NOTING: What you can expect from the weather for this coming winter … The costs of being diagnosed with dementia are double than those without it … Why you should treat your investment decisions like bets, according to a world champion poker player … The best Halloween songs, according to experts … A discussion about what it means to be wealthy in America today … Apple is planning to make Siri even smarter … Some ideas to help you save money on your commute … Japan is home to the world’s healthiest kids. Here are four things parents do differently there.
Music Monday, part I
Music Monday, 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.
