Account Recovery

OCTOBER 14, 2022

As part of an answer where it talks … The post Hospital Responds to Senator’s Inquiry About Collection Practices appeared first on AccountsRecovery.net.

Accounts Receivables Management 245

Accounts Receivables Management Collections Healthcare 245

Account Recovery

AUGUST 8, 2022

There does not seem to be a lot of cause for concern about the economy heading into a recession and that leading to consumers becoming unable to make payments on their unpaid debts, according to the Chief Executive of Encore Capital Group, who shared his feelings last week during a conference call with analysts to … The post Encore CEO Not Worried (..)

Collections 246

Collections 246

Account Recovery

MARCH 30, 2022

AG Sends Warning to Collectors About New SOL, Court Filing Requirements, Requests Information About Complying with Reg F appeared first on AccountsRecovery.net.

Debt collector 246

Debt collector 246

Nexa Collect

JUNE 26, 2023

Here are some reasons why Americans in particular may experience stress about money: Cost of Living : In many areas in the United States, the cost of living has been rising faster than wages. Job Insecurity and Wage Stagnation : Many Americans feel insecure about their jobs. There are various stress factors related to money.

Healthcare 130

Healthcare Education Student loans Student Loans 130

Account Recovery

APRIL 29, 2022

If the COVID-19 pandemic showed us all that working from home is not just something for day traders and writers, then the end of the pandemic is teaching us another lesson as well — a lesson about the importance of job flexibility and transparency, the panelists on this week’s Talk-Off discussed.

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Account Recovery

MAY 11, 2022

In fact, more consumers think they are going to be in a … The post Data Hints Consumers Not Worried About Looming Recession appeared first on AccountsRecovery.net.

Banks 246

Banks 246

Account Recovery

MAY 6, 2022

While discussing several different aspects of trends and ideas within the accounts receivable management industry, the panel kept circling back to the importance of engaging with consumers and engaging with co-workers, … The post Talk-Off Panel Talk About Importance of Engagement appeared first on AccountsRecovery.net.

Accounts Receivables Management 245

Accounts Receivables Management Collections 245

Account Recovery

DECEMBER 30, 2021

To help summarize and celebrate those two events, AccountsRecovery.net reached out to a number of professionals from across the ARM … The post What the Industry Will Remember About 2021 appeared first on AccountsRecovery.net.

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Account Recovery

APRIL 12, 2023

PIRG Education … The post Consumer Complaints About Debt Collection Drop first appeared on AccountsRecovery.net. The post Consumer Complaints About Debt Collection Drop appeared first on AccountsRecovery.net.

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Collections Education 130

Account Recovery

FEBRUARY 25, 2022

The poll also revealed that Americans are carrying about $3,000 worth of credit card debt each, on … The post Consumers Share Financial Regrets, Details about Credit Card Debt appeared first on AccountsRecovery.net.

Credit Card Debt 246

Credit Card Debt Collections 246

Account Recovery

JULY 7, 2022

“I know that there are many issues our agency members are facing … The post VIDEO: ACA International CEO Shares Details About Upcoming Convention appeared first on AccountsRecovery.net.

Education 246

Education 246

Account Recovery

MAY 5, 2021

In the latest episode of “Ask The Credit Reporting Expert,” Lauren Burnette of Messer Strickler walks through some of the variables that come into play when a furnisher is thinking about … The post Video: Answering More Questions About Credit Reporting appeared first on AccountsRecovery.net.

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Account Recovery

JANUARY 17, 2022

The average consumer worries about money six times a day and more than half have overextended themselves are in a “difficult” financial position, according to the results of a survey conducted and released by Affirm, a Buy Now, Pay Later provider.

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Account Recovery

MAY 20, 2022

Companies in the accounts receivable management industry should be forgiven for thinking they are visiting a carnival and not spending time in the office, because their jobs these days look a lot like Whac-a-Mole and less like collecting debt, thanks to regulators who are aggressively rolling out new rules and plans, panelists on this week’s (..)

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Account Recovery

OCTOBER 10, 2022

” Purcell … The post Scott Purcell Talks About Helping Collectors Build a Better ‘Mousetrap’ appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Account Recovery

JUNE 21, 2022

A copy of the complaint … The post Complaint Accuses Agency of Texting Mother About Daughter’s Debt appeared first on AccountsRecovery.net.

Fair Debt Collection 241

Fair Debt Collection Collection Agencies Collections Agency Collections 241

Account Recovery

SEPTEMBER 9, 2022

The Consumer Financial Protection Bureau wants debt collectors to know that if they are collecting or attempting to collect debts on behalf of nursing home clients that require caregivers to personally guarantee payment of a resident’s bills — which violates federal law — the collector may be in violation of the Fair Debt Collection (..)

Fair Debt Collection 246

Fair Debt Collection Debt collector Collections 246

Account Recovery

NOVEMBER 29, 2023

Bank of America was fined $12 million yesterday by the Consumer Financial Protection Bureau for not reporting data about the race, ethnicity, and sex of individuals obtaining mortgage loans from the mega-bank, instead choosing to lie and say that the consumers were unwilling to provide that information.

Banks 147

Banks Loans 147

Account Recovery

DECEMBER 28, 2021

Nearly three out of four Chief Executive Officers are worried about losing their jobs in 2022, compared with 52% who felt that way last year, according to data that was released yesterday as part of a global survey of 3,000 CEOs.

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Account Recovery

JANUARY 16, 2024

million after it was accused of failing to communicate with borrowers about renewing income driven repayment programs. The Attorney General of Massachusetts has announced that one of the nation’s largest servicers of student loans will pay a fine of $1.8

Student loans 147

Student loans Student Loans Loans 147

Account Recovery

OCTOBER 23, 2023

The California Department of Financial Protection and Innovation has released a guide that aims to teach individuals who are new to the United States about the concept of debt, to help them get acquainted with the concept and understand the pros and cons. The report breaks down the differences between what it describes as good […]

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Account Recovery

JANUARY 7, 2022

The Federal Trade Commission has published its biennial report to Congress detailing information about the national Do Not Call registry, which now has more than 244 million phone numbers on it, while also revealing that consumers filed more than 5 million complaints during the 2021 fiscal year, with robocalls being the source of the overwhelming … (..)

Trade 244

Trade 244

Account Recovery

NOVEMBER 15, 2022

It is always survival of the fittest and these days, companies that are not making investments in technology to optimize the collection process and try to offset challenges finding employees are not going to be … The post State’s Tim Haag Talks About Change, How to Stay Ahead of the Game appeared first on AccountsRecovery.net.

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Account Recovery

JULY 26, 2022

Fewer than 40% of employees … The post Startling Number of Employees Don’t Care About Cybersecurity and Aren’t Paying Attention appeared first on AccountsRecovery.net.

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Account Recovery

DECEMBER 21, 2021

The Consumer Financial Protection Bureau and Department of Justice yesterday put landlords and mortgage servicers on notice about how to handle protections for servicemembers and their families with regard to the COVID-19 pandemic by following the CARES Act and the Servicemembers Civil Relief Act.

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Account Recovery

MARCH 23, 2022

All that was issued was a press release that mentioned that the CRAs were doing, but did not include any details about how furnishers were going to have to change … The post CRAs Start to Release Details About Changes to Reporting Process for Medical Debts appeared first on AccountsRecovery.net.

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American Profit Recovery

NOVEMBER 2, 2022

To say there is endless misinformation about debt collections in the media and on the Internet would be a vast understatement. Just about everyone who works in the debt collection industry fully understands that it can be an uncomfortable situation as a consumer being sent to collections.

Collections 130

Collections Collection Agencies Collections Agency Debt collector 130

Account Recovery

SEPTEMBER 21, 2021

If anything, Richard Cordray understands that restarting a behemoth like federal student loan payments is not as simple as flipping a switch and the gravity of the importance in making sure that the restart is done properly is not lost on him, based on a speech that he gave last week before the Education Finance … The post Cordray Talks About (..)

Student loans 241

Student loans Student Loans Loans Education 241

American Profit Recovery

JULY 9, 2021

Do you know the truth about debt collectors? Oftentimes we find that many people are unaware of certain facts about the collection industry and are even surprised when they learn more about the industry and the people that represent that industry. Do you feel you know what a collector does? Do we call people to collect money?

Debt collector 241

Debt collector Collections Collection Agencies Collections Agency 241

American Profit Recovery

NOVEMBER 2, 2020

I have been with American Profit Recovery for almost a year and can tell you this company really cares about their employees. Not to mention how much we care about helping consumers making arrangements to pay their debt. Want to learn more about careers at American Profit Recovery? Check out our career page. .

Collections 246

Collections 246

Account Recovery

APRIL 12, 2024

The general counsel of the Consumer Financial Protection Bureau gave a speech yesterday to a group of consumer advocates and the two main areas of focus were debt collection and credit reporting. Within those two areas, Seth Frotman drilled down into discussing medical billing and collections, and landlord-tenant screening and debt.

Collections 130

Collections 130

Account Recovery

DECEMBER 2, 2022

Call … The post Collector Accused of Violating Reg F, FDCPA by Furnishing Info about Plaintiff’s Father on Plaintiff’s Credit Report first appeared on AccountsRecovery.net. Want to learn more?

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Account Recovery

APRIL 21, 2021

The Federal Trade Commission dropped another … The post FTC Issues Warning About Avoiding Racism When Using AI appeared first on AccountsRecovery.net. Companies are using AI to help identify which accounts to contact and when to contact them and using algorithms to help them make more decisions and handle more collection inquiries.

Accounts Receivables Management 234

Accounts Receivables Management Trade Collections 234

American Profit Recovery

SEPTEMBER 30, 2020

We spend a substantial amount of time speaking with business owners, accounting professionals, and business managers about how they can improve their cash flow through a reputable debt collection program. The post On the fence about hiring a collection agency? Our collector will decide to revisit that discussion soon by phone.

Collection Agencies 241

Collection Agencies Collections Agency Collections Debt collector 241