Daily Digest - January 29, 2025

🎉 🎂 Happy Birthday wishes to: Cheryl Jaye Valentine of Valentine & Kebartas and Roger Keeler of T-Mobile. Happy belated birthday to Renkim’s Rob Augg. 🥳🎈

Seventh Circuit Overturns Ruling for Defendant in FDCPA Case Involving Disputed Debt

• The Court of Appeals for the Seventh Circuit has overturned a lower court’s ruling in favor of the defendant in a Fair Debt Collection Practices Act case, ruling that the defendant’s lack of knowledge about a prior dispute did not absolve it of its obligations under the FDCPA. The case highlights the interplay and confusion between disputes under the FDCPA and the Fair Credit Reporting Act.

• More details here.

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Tenth Circuit Upholds Ruling in FDCPA Case, Finding No Dispute Was Made

• In a case that was defended by Martin Golden Lyons Watts Morgan, the Court of Appeals for the Tenth Circuit has affirmed a lower court’s ruling in favor of the defendant in a Fair Debt Collection Practices Act case, ruling that the plaintiff’s statements during a phone call with a debt collector did not constitute a dispute under the law. The decision reinforces the standard that merely questioning a balance does not necessarily trigger the reporting requirements of Section 1692e(8) of the FDCPA.

• More details here.

Barr Reintroduces Bill to Push for Greater CFPB Accountability

• Rep. Andy Barr [R-Kent.], the chairman of the House Financial Services Subcommittee on Financial Institutions, last week reintroduced H.R. 654, the Taking Account of Bureaucrats’ Spending (TABS) Act, aiming to bring the Consumer Financial Protection Bureau under the Congressional appropriations process. The bill would replace the CFPB’s current funding model, which relies on the Federal Reserve, with a more traditional process involving direct Congressional oversight.

• More details here.

23 Companies Seeking Collection Talent

• Check out nearly two dozen different opportunities from within the credit and collection industry in this week's job listings summary. Whether you are looking for your next gig or doing research, this is the definitive listings for industry job openings that you'll find anywhere.

• More details here.

WORTH NOTING: Details on the federal employee buyout offered by President Trump yesterday ... Weighing in on how much time you need between flights if you are connecting ... Did you know that yesterday was National Plan for Vacation Day? ... Did you know there was such a thing as the golden rules of sleep? ... Your favorite drink at Starbucks may be on the chopping block ... Tips to help you get the most out of your freezer ... Nearly 1-in-10 use this PIN number. Are you one of them? ... Well, this is so ironic that Alanis Morissette should sing about it.

Wisdom Wednesday, part I

Wisdom Wednesday, Part II

The Daily Digest is sponsored by TCN’s C3 User Conference