Daily Digest - March 31, 2025

🎂🎉 Happy Birthday to: Danen Sheik of A.R.M. Solutions, Christine Telles of Marcam Associates, and Nathan Wilner of National Creditors Bar Association. Happy belated birthday to Steve Gayheart of Revco Solutions. 🥳🎁

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.

Click here to submit your logo.

Judge Halts CFPB Dismantling, Administration Files Appeal

• A District Court judge on Friday issued a preliminary injunction preventing the Trump administration from dismantling the Consumer Financial Protection Bureau — a ruling that the administration has already announced it is appealing. The decisions that have been made by Acting Director Russell Vought “were taken in complete disregard for the decision Congress made 15 years ago” forcing Judge Amy Berman Jackson to take the “extraordinary step” of issuing the injunction in a 112-page ruling.

• More details here.

A MESSAGE FROM TCN

TODAY‘S WEBINAR

UPCOMING WEBINARS

Judge Grants MTD in FDCPA Case Over Email Sent to Represented Plaintiff

• Disclosing that you are a debt collector and the email you are sending is an attempt to collect a debt is not enough to make you subject to the Fair Debt Collection Practices Act, a District Court judge in Ohio has ruled, granting a defendant’s motion to dismiss. What also helped in this case was the wording used by the plaintiff to indicate how the defendant ended up attempting to collect on the debt in the first place.

• More details here.

CFPB Pulls Back on BNPL, Payday Lending Rules

• In two more moves indicating its retrenchment and retreat from actions under its previous administration, the Consumer Financial Protection Bureau has announced its intentions to revoke one rule while also announcing it will not prioritize enforcement actions under another rule. Details below.

• More details here.

Compliance Digest – March 31

• Has there been a time where staying on top of the latest compliance development has been more important? Check out insights from eight legal experts — David Kaminski, Caren Enloe, Shelly Gensmer-Cleek, Mitch Williamson, Nick Prola, Virginia Bell Flynn, Rick Perr, and Lauren Burnette — on the the latest compliance developments.

• More details here.

• This series is sponsored by Bedard Law Group

WORTH NOTING: Six things individuals with student loans need to know right now ... Why breakfast should be your biggest meal of the day ... Putting your phone away won't make you procrastinate less, according to new research ... CEOs give their best advice for leading during times of uncertainty ... How car tariffs will impact people looking to buy new vehicles ... The best electric toothbrushes to make your dentist proud ... The impact of your showering habits on your skin ... How long before we see this movie on the Hallmark Channel?

Music Monday, part I

Music Monday, Part II

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