Daily Digest - April 4, 2025

Brought to you by: TCN | By Mike Gibb

Author

Mike Gibb
April 04, 2025

🎂🎉 Happy Birthday to: Brian McManamon of Clearwater (formerly of TechLock), . 🥳🎁

Congratulations to Jennifer Clark, who has been promoted to Director of Operations at Credit Service Company.

Collection Law Firm Sued for Including ‘Demand’ in MVN Itemization Table

  • A collection law firm is facing a class-action lawsuit for allegedly violating the Fair Debt Collection Practices Act as a result of a Model Validation Notice it sent to the consumer that had two issues — one that many will find familiar and one that is less common.

  • More details here.

  • This series is sponsored by WebRecon

A MESSAGE FROM TCN

TODAY‘S WEBINAR

UPCOMING WEBINARS

Judge Grants MTD in FDCPA Case Over Alleged ‘Harassing’ Calls

  • If you were ever unsure about the value that can be obtained by recording calls with consumers, this case should seal the deal. A District Court judge in Illinois has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case on the grounds that the plaintiff did not suffer a concrete injury, and reached this conclusion based in part on the recordings that the defendant submitted of its interactions with the plaintiff and her father.

  • More details here.

Appeals Panel Halts CFPB Injunction While Lower Court Judge Affirms Ruling

  • We’re getting close to needing a map to follow all the twists and turns that this case is taking, especially is it continues on two fronts — in the District Court and at the Appellate level. An Appeals Court panel yesterday temporarily paused a lower court’s order that had blocked the Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau. At the same time, the District Court judge issued a ruling of her own, largely denying the government’s request to stay her ruling while the appeal is progressing.

  • More details here.

More Than Half of Consumers Are Worried About Covering Surprise Costs in 2025: Report

  • More than one-third of shoppers spent at least $250 on an unplanned purchase within the last three months, with the median cost hovering around $500, according to the results of a recently released survey. As for true emergencies, shoppers often face even bigger bills.

  • More details here.

WORTH NOTING: Storage hacks (hide things behind curtains, for one) from organization experts ... $30 billion of unpaid medical debts owned by a debt buyer that just closed up shop is being written off and forgiven ... One economist has some serious concerns about the new tariffs that were introduced this week ... Scientists have released a study confirming how your mental wellbeing ebbs and flows during the day ... A half-dozen mistakes that job seekers frequently make ... Someone used AI to conduct a mock NFL draft ... All the things you can do when you own the world's longest tongue ... Not sure this is going to have the result they intended.

Funny Friday, part I

Funny Friday, Part II

The Daily Digest is sponsored by TCN