Daily Digest - March 25, 2025

Brought to you by: TCN’s C3 User Conference | By Mike Gibb

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Mike Gibb
March 25, 2025

🎂🎉 Happy Birthday to: Chris Nye of Radius Global Solutions. 🥳🎁

Congratulations to Jason Garrett, the new vice president of collections and recovery at Fidem Financial.

Logo Madness is Back! Today is the Last Day to Submit

AccountsRecovery is once again thrilled to be hosting it’s annual Logo Madness tournament, to identify the best logo in the credit and collection industry. This year’s competition is sponsored by Drop Cowboy.

Collector Facing Pair of FDCPA Class Actions for Failing to Include Itemization Date in MVN

  • A collection operation is facing a pair of class-action lawsuits in Montana federal court after sending Model Validation Notices to consumers that failed to include the itemization date.

  • More details here.

  • This series is sponsored by WebRecon

A MESSAGE FROM TCN

TODAY‘S WEBINAR

UPCOMING WEBINARS

Appeals Court Affirms Fee Award in FDCPA Case

  • The Court of Appeals for the Eighth Circuit has affirmed a lower court’s award of attorney’s fees and costs in a Fair Debt Collection Practices Act case, but issued a note that under different circumstances, it would have lowered the amount by an additional $5,000 while also noting that the briefs filed by the plaintiff’s attorney were “disrespectful” to the lower court judge, court staff, and opposing counsel.

  • More details here.

Cost of Living Increases Leaving Consumers with Less Cash: Report

  • A new report from the Bank of America Institute highlights a clear trend: consumers are paying more for essentials like housing, insurance, utilities, and car loans while finding slight relief from lower gas prices. The data also indicates that discretionary spending — on things like travel, dining out, and entertainment — has diminished during the past two years, particularly among lower-income households. However, that decline has stabilized over the last year.

  • More details here.

CFPB Roundup

  • All has been quiet on the CFPB front in the past few days, but things picked up a bit yesterday, including Rohit Chopra appearing at a press conference in Michigan, and a hearing being held tomorrow on the future of the Bureau. Here’s a roundup of what’s been going on in and around the CFFP:

  • More details here.

WORTH NOTING: A handful of ways to help you focus for when you are feeling scatterbrained ... Why you may want to think twice before cooking something in the office microwave ... A tech hack to help you communicate more effectively ... Are you guilty of "boomerasking" in conversations? ... A lot of managers said their mental health declined while leading teams ... How to prepare for a possible recession ... How to get free tickets to movie screenings and TV tapings ... Captain America weighs in with an important component of teaching kids about success.

Trailer Tuesday, part I

Trailer Tuesday, Part II

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