Sen. Warren Tries to Get Kraninger's Position on Debt Collection Oversight

As I wrote in a recent article about Kathy Kraninger's Senate hearing to discuss her nomination to lead the Bureau of Consumer Financial Protection (BCFP or Bureau), she didn't really say much. That isn't stopping Senator Elizabeth Warren (D-MA) from trying to get Kraninger to go on the record about a range of topics, including debt collection.

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How much you can save with digital collections?

When it comes to collections, predictive dialers aren’t getting the job done. At $4-$7 per contact, they’re expensive and ineffective—not to mention that 93% of consumers prefer to be contacted through email and text. Click here to calculate just how much you’d save by switching to digital.

News and Opinion

from insideARM.com

» Federal and State Call Recording Laws for Debt Collection Professionals (Sponsored)

» Beguided® Receives New Patent Covering AI-Driven, Avatar-Facilitated Payment and Account Management Portals and Related Fintech Technology

» New District Court Ruling Dismisses TCPA Suit and Holds that Predictive Dialer Calls Are Not Robocalls Covered by the TCPA

» Judge Rules in Favor of WWR, Against CFPB, in Case of Meaningful Attorney Review

» NCBA Member Prevails in Meaningful Attorney Involvement Case

» Court Stays Putative TCPA Class Action Pending Forthcoming ATDS Functionality Ruling in Related Case

» ACA Elects New Board Members

» Could There Be a Light at the End of the Constant Tunnel of Audits and Exams?

UPDATE: Court Sets Hearing on One-Way Intervention Issue in Certified TCPA Class Action

Bad Reyes is the case that keeps on giving. After yielding headline-worthy news on the issue of whether predictive dialers are still covered by the TCPA  –notably it ruled contrary to last weeks huge Pinkus decision and concluded that such dialers remain subject to the statute– it now looks like a substantive ruling on the one-way intervention doctrine is in the works.

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Women in Consumer Finance Conference

10 December 2018 at 06:00 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer Finance 2018 – a conference and networking event for ALL women in consumer finance.

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Free Reports and Webinars

from insideARM.com

» Optimize Collections Operations - Combat Call Blocking Technology and Improve Contact Strategies

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» See just how much you can save (and gain) with digital collections

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