Judge Denies Plaintiff’s MSJ in FDCPA Case Over Communications with Mom
- A District Court judge in New York has denied a plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling there is no written requirement to communicating information about a debt with a third party.
- More details here
Startup Puts Bots on Phones to Help Consumers Negotiate Debts
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- There is yet another new startup in the industry that is using the power of artificial intelligence to help collect debts — Cambio, which is backed by Y Combinator, is leveraging AI to offer innovative solutions for both consumers and financial institutions.
- More details here
Medical Debt Causes Other Financial Problems for Consumers: Survey
- More than half of individuals with medical debt have been contacted by a collection agency, compared with 8% of those who do not have medical debt, according to data released this week by the Kaiser Family Foundation. The data was part of a survey conducted of consumers back in 2021. Similarly, more than two-thirds of consumers with medical debt do not have a “rainy day” fund, compared with only 37% of consumers without medical debt.
- More details here.
23 Companies Seeking Collection Talent
- There are plenty of companies in the accounts receivable management industry out there looking to fill job openings. Whether you might be looking for a new job, or curious what is out there, or if you’re wondering what those guys are paying and how they are attracting candidates, check out this week’s job listings summary.
- More details here
WORTH NOTING: The best gifts to get when someone experiences a loss … Major League Baseball has its first female primary play-by-play announcer … Impress your sweetheart by learning to say “Happy Valentine’s Day” or “I love you” in different languages … Where are high prices still hitting Americans the hardest? … You may have something else to blame your car accident on … Deals to make Valentine’s Day even more special … Why cassette tapes are making a comeback … The CDC is planning on dropping the 5-day isolation period for individuals with COVID-19.
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