Complaint Accuses Agency of Lying About Credit Reporting
- There are two sides to every story, right? Complaints can be comprehensive, but they only provide one side to that story. In that way, it’s often difficult to separate fact from fiction or whether something was just misheard or misunderstood. Take this complaint, for example. The plaintiffs are suing a collection operation and two of the three major credit reporting agencies because of debts that appeared on their credit reports; debts that the agency allegedly said wouldn’t be reported. Doesn’t it seem odd that an agency would be furnishing information about a debt to the credit reporting agencies while a representative of the company said they didn’t do that?
- More details here.
- This series is sponsored by WebRecon
Appeals Court Remands Case Over Issue of Arbitration
- A change in precedent has led the Court of Appeals for the Third Circuit to remand a case back to the District Court to determine whether the owners of a debt that was purchased from the original creditor can compel arbitration after being sued for allegedly violating the Fair Debt Collection Practices Act.
- More details here.
Subject of FTC Action Fails in Appeal Over $5M Restitution Award
- The Court of Appeals for the Seventh Circuit has largely upheld an appeal in favor of the Federal Trade Commission that may wrap up a case that has been in the courts for more than six years including a trip to the Supreme Court and deals with how the regulator assesses fines for violations of federal law.
- More details here.
Agency to Pay $6k Fine to Minn. Regulator for Collecting on Amounts Not Expressly Authorized
- The State of Minnesota’s Department of Commerce has fined a collection operation $10,000 — but stayed $4,000 of the penalty — after the operation was accused of attempting to collect on amounts not expressly authorized by the agreement creating the debt and for failing to completely respond to the Department’s requests for information.
- More details here.
WORTH NOTHING: What are the ramifications of having so many old people running the country? … If you’re curious about what it would take to date Selena Gomez … So all it takes is joking about winning the lottery to actually win it? … It’s that time of year again, and here is a list of the top five fall farms in the United States for apple picking … People are complaining about new shopping carts at your local Walmart … Signet Jewelers has a pretty good idea when you are going to get engaged, based on 45 milestones they track … Experts weigh in on 17 different fitness rules, like the need to walk 10,000 steps per day … You would probably want to steer clear of this if you saw it on the highway.
Funny Friday, part 1
Funny Friday, 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.
