Daily Digest - March 27, 2025

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

Author

Mike Gibb
March 27, 2025

🎂🎉 Happy Birthday to: Radek Holubowicz of Dialo, Shawn Suhr of Continental Credit Control, and Dani Schmidt of PaymentVision. 🥳🎁

New Training Bytes Video Released

Check out the newest Training Bytes video! Each week, an expert from the accounts receivable management industry will share how he or she would handle different scenarios that collectors often face. This week, Melony Frizzell from Revco Solutions breaks down how collectors should respond when consumers say: “I need to see something in writing first.” Thanks to Peak Revenue Learning for sponsoring this series!

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.

Getting to Know Cathy Fellabaum of Harvest Strategy Group

  • A commitment to driving performance … Working best when the pressure is on … No shortage of drive and curiosity … isn’t this exactly the type of individual that every company in this industry would want working for them? Cathy Fellabaum’s commitment to getting the most out of everything she does explains her ascent up the corporate ladder and why there are more rungs likely ahead of her. Read on to learn more about Cathy, why the treat may matter more than the movie, and why a ticking clock brings out the best in her.

  • More details here.

  • This series is sponsored by TEC Services Group

A MESSAGE FROM TCN

TODAY‘S WEBINAR

UPCOMING WEBINARS

Judge Denies Competing MSJs in FDCPA Case Over Garnishment

  • A District Court judge in New York has denied motions for summary judgment filed by the plaintiff and the defendant in a Fair Debt Collection Practices Act case over the garnishment of a bank account that may have included funds that were exempt seeking to pay a rental debt from more than two decades ago.

  • More details here.

Congressional Hearing Discusses Future of the CFPB and Consumer Protection

  • The House Financial Services Committee Subcommittee on Financial Institutions held a hearing titled yesterday aimed at discussing the future of the Consumer Financial Protection Bureau. This hearing comes at a time of ongoing debate about the CFPB’s effectiveness, its regulatory approach, and the need for reforms to ensure it operates fairly and transparently.

  • More details here.

CFPB Seeks to Vacate Settlement in Case Against Mortgage Lender

  • Nobody was surprised when the Consumer Financial Protection Bureau began dropping enforcement actions and lawsuits after replacing Rohit Chopra as director and installing Russell Vought as acting director. But Vought went beyond that yesterday, announcing that the Bureau was seeking to vacate a settlement the CFPB reached last Fall with a mortgage lender and repay the lender $105,000. The twist? The enforcement action was actually started under former director Kathy Kraninger, not Chopra.

  • More details here.

WORTH NOTING: It's that time of year -- the best high school graduation gifts ... Cleaning experts dish on the things that people forget to clean the most ... "Showstopper" foods debuting at Major League Baseball stadiums this year ... A lot of people are dipping into their emergency savings ... Nine million consumers are going to see their credit scores drop soon ... Four simple changes to make your home feel more joyful ... The cast list is out for "Avengers: Doomsday" ... Making predictions as a new baseball season gets underway.

Top 10 Thursday, part I

Top 10 Thursday, Part II

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