GETTING TO KNOW HEATHER RADCLIFFE OF RESIDENT INTERFACE
- It seems like there is a connection between Heather Radcliffe ending up in the accounts receivable management industry and he desire to work with animals or in nursing if she had to choose a different career path, doesn’t it? Taking care of people is in her DNA and it’s that kind of attentiveness and care that has helped propel her forward into a successful career in the ARM industry. Read on to learn more about Heather, her gratitude to those who have helped her get where she is now, and the lesson she wishes all lawmakers would learn.
- More details here.
JUDGE GRANTS MSJ IN FDCPA CASE OVER SETTLEMENT OFFER IN LETTER
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- In a case that was defended by Cooper Walker and the team at Frost Echols, a District Court judge in New York has granted a defendant’s motion for summary judgment, ruling a plaintiff lacked standing to pursue a Fair Debt Collection Practices Act case because she did not suffer a concrete injury after receiving a letter offering to settle a debt for which interest could have been accruing, but wasn’t.
- More details here.
CFPB PROPOSES RULE TO CAP CREDIT CARD LATE FEES
- The Consumer Financial Protection Bureau yesterday issued a proposed rule seeking to lower credit card late fees at $8, bring an end to the automatic inflation adjustment that occurs annually, and cap late fees at 25% of the minimum payment owed by the cardholder. The proposal would save consumers as much as $9 billion per year, according to CFPB estimates.
- More details here.
NCLC RELEASES UPDATE TO BOOK HELPING CONSUMERS GET OUT OF FINANCIAL TROUBLE
- The National Consumer Law Center has released an update to its book, “Surviving Debt,” which aims to serve as a financial guide for consumers and includes chapters on responding to debt collectors and dealing with collection lawsuits.
- More details here.
WORTH NOTING: In honor of Groundhog Day, take this quiz … How groundhogs became the animal that predicted the weather … People aren’t happy with how Netflix is cracking down on password sharing … Steps to take when someone talks over you … For $399, you can fly all summer long on Frontier Airlines … If your Valentine walks on four legs, here are some deals for you … How to spot art that is generated by artificial intelligence, according to artists … A state legislator in New Mexico wants his state to be the first with an official smell.
Groundhog Day, Part I
Groundhog Day, Part II
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