Thu.Mar 03, 2022

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How COVID Grants, Relief Programs Impact 2021 Business Taxes

Nerd Wallet

Businesses buoyed by coronavirus relief funding may face a new wave of uncertainty this tax filing season as rules about how that money should be reported on federal and state income taxes continue to shift. Congress made coronavirus relief programs like the Paycheck Protection Program and the Shuttered Venue Operators Grant tax-exempt, while still allowing.

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Webinar: What to Know About College Students, Cryptocurrencies, and Scams

Public Citizen

On March 9, as part of National Consumer Protection Week, the Federal Trade Commission and National Student Employment Association are presenting a free webinar called "What to Know About College Students, Cryptocurrencies, and Scams." Here is the description: You’ve probably heard of cryptocurrency, but do you know how it works? This webinar will go over the basics of cryptocurrency and common scams – and how it’s affecting twenty-somethings.

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Could a Buy Now, Pay Later Loan Affect My Credit?

Nerd Wallet

Buy now, pay later loans generally do not affect people’s credit. These loans, typically offered at the point of sale, do not yet routinely appear on most credit reports. That means a good payment record on your buy now, pay later accounts won’t help you build credit. On the other hand, late payments typically won’t hurt. Bev O'Shea writes for NerdWallet.

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CFPB report estimates $88 billion in medical bills on credit reports

Public Citizen

A new Consumer Financial Protection Bureau report highlights "the complicated and burdensome nature of the medical billing system in the United States." The report reveals that the U.S. healthcare system is supported by a billing, payments, collections, and credit reporting infrastructure where mistakes are common, and where patients often have difficulty getting these errors corrected or resolved.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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Why You (and I) Should Name a ‘Trusted Contact’

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. For the past few years, financial services companies have been bugging me to name a “trusted contact.” Banks, brokerages.

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705 Credit Score: Is It Good or Bad?

Nerd Wallet

A 705 credit score is within the “good” band on the common credit score range of 300 to 850. A good credit score ranges from 690 to 719, and a 705 score sits right in the middle. That means you have room to build your score, but any missteps might drop you closer to the. Amanda Barroso writes for NerdWallet. Email: abarroso@nerdwallet.com. The article 705 Credit Score: Is It Good or Bad?

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Court Finds Text Messages Do Not Qualify As Artificial or Prerecorded Voice Messages Under the TCPA

Troutman Sanders

In Eggleston v. Reward Zone USA LLC , No. 2:20-cv-01027-SVW-KS (C.D. Cal. Jan. 28, 2022), the U.S. District Court for the Central District of California rejected the argument that text messages are “artificial or prerecorded voice messages” under the Telephone Consumer Protection Act (the TCPA). The plaintiff, Lucine Trim, alleged that Reward Zone USA LLC (Reward Zone), sent spam advertisements and promotional offers to her cellphone via text message in violation of TCPA § 227(b).

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AARP/UnitedHealthcare Medicare Supplement Insurance 2022 Review

Nerd Wallet

AARP’s Medicare Supplement Insurance plans are insured exclusively by UnitedHealthcare. The AARP and UnitedHealthcare co-branded plans are available in every state and Washington, D.C. UnitedHealthcare is the largest provider of Medicare Supplement Insurance, or Medigap, and of Medicare Advantage plans [1]. AARP/UnitedHealthcare offers most Medigap plan types — often with multiple options for pricing.

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FCRA Litigation: A Review of the Top Issues from 2021 and What to Expect in 2022

Troutman Sanders

Register Here Thursday, March 3 • 4:00 – 5:00 p.m. ET. FCRA litigation continues to increase. 2021 was a busy year, and 2022 seems poised for a further increase in litigation and regulatory actions. Please join us for a complimentary webinar to discuss the significant FCRA cases from 2021 and what is on the horizon for 2022.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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What Is Plaid and How Does It Work?

Nerd Wallet

Plaid is a third-party service that provides the technology to connect your financial accounts and share their data with an app, service or company. You might choose to share your account information through Plaid in order to get access to a service or product like Venmo, Chime, Acorns, Truebill or NerdWallet’s app, for example. The. Melissa Lambarena writes for NerdWallet.

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California Supreme Court Prepares to Weigh In on Holder Rule

Troutman Sanders

On March 1, the Supreme Court of California held oral arguments in Pulliam v. HNL Automotive, Inc. , No. S267576 (2021). The appeal may decide (at least under California state law) whether the Federal Trade Commission’s (FTC) “Holder Rule” permits a consumer to recover amounts beyond what he or she has paid to the holder, including — most importantly — the recovery of attorneys’ fees incurred in the case of a favorable ruling.

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Ending Your Car Lease Is Tricky, But Can Still Pay Off

Nerd Wallet

That car you leased three years ago probably has become a cash cow. But deciding what to do with that equity — and what to drive next — has become confusing. Before the car market was turned upside down by the pandemic, microchip shortages and supply chain disruptions, most people simply turned in their leased. Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com.

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Breaking down blockchain barriers

On Guard

Blockchain barriers. Blockchain has been on the radar of finance professionals for some time. This is due to its perceived potential to help revolutionise the financial world. But it’s also been plagued by the fact that it’s a poorly understood term. Just a few years ago, there was a feeling of hesitation among finance professionals to adopt it in their organisation.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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Do I Need Auto Insurance to Buy a Car?

Nerd Wallet

Technically, you can buy a car without auto insurance, but you probably would not want to. If you don’t have insurance, more than likely, you won’t be able to legally drive away with your new purchase. Most states require proof of liability coverage to register a car, and the registration process typically begins at the. Benjamin Din writes for NerdWallet.

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Fair Capital

Recoverity

Fair Capital is an effective and affordable full-service debt collection agency known for achieving maximum results professionally and ethically. ?. Fair Capital’s expertise in debt collection is framed by a proven track record, air-tight data security, full legal compliance, state-of-the-art technology and maximum brand protection for clients.

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DWI vs. DUI: Understanding the Difference

Nerd Wallet

DUI and DWI both refer to driving while impaired, typically by alcohol or drugs. DUI stands for “driving under the influence” while DWI means “driving while intoxicated” or “driving while impaired.” Here’s what to know about how DUI and DWI convictions happen, how terms may vary by state, plus the impact a conviction may have. Ciarra Jones writes for NerdWallet.

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Personal Cell Phones May Qualify as “Residential Telephones” Subject to DNC Rules, but Calls Made to a Pre-produced List Are Not ATDS Calls, Texas Northern District Holds

TCPA

Last week, the U.S.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Hilton Gold vs. Diamond: Which Is Right For You?

Nerd Wallet

Hilton is one of the largest hotel chains in the world, with more than 6,500 properties to its name. It makes sense why you’d want to acquire elite status with this chain. Elite status unlocks opportunities such as room upgrades, daily food and beverage credits and additional bonus points. The only question is: Which level. Carissa Rawson writes for NerdWallet.

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Personal Cell Phones May Qualify as “Residential Telephones” Subject to DNC Rules, but Calls Made to a Pre-produced List Are Not ATDS Calls, Texas Northern District Holds

TCPA

Last week, the U.S.

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What Is a Modified Endowment Contract, or MEC?

Nerd Wallet

If you own a permanent life insurance policy such as whole life, you’ll likely be aware of its cash value account. A portion of your insurance premium funds this account, and the investment grows tax-deferred. Although it sounds great, this tax break comes with an asterisk. If you overfund the account by contributing too much. Georgia Rose writes for NerdWallet.

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Wisconsin House Passes New Comprehensive Privacy Bill

Troutman Sanders

On February 23, the Wisconsin House passed Assembly Bill 957 (AB 957), a bill relating to consumer data protection. This legislation is based on the Virginia Consumer Data Protection Act (VCDPA) and provides consumers with various rights about their data and imposes obligations on businesses. Wisconsin is the second state in 2022 to pass a consumer privacy bill out of a chamber, although numerous other states have introduced their own state comprehensive privacy bills.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

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7 Airlines Making it Easy to Maintain Elite Status

Nerd Wallet

Elite status members are usually an airline’s most valuable flyers. So, airlines try to incentivize current elites to remain loyal by offering perks such as upgrades, bonus miles, priority boarding and free baggage. Some airlines take this even further by making it easier to requalify for elite status by lowering status requirements or offering accelerated.

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How to Avoid Credit Card Interest — or at Least Reduce It

Nerd Wallet

Credit card debt is expensive, and because you can keep spending on your card even when you owe a balance, your debt can grow fast. According to a 2021 NerdWallet study, U.S. households with revolving credit card debt pay an average of just over $1,000 in interest per year. Sometimes you need to take on debt. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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How to Book a Delta Flight to Las Vegas With Miles

Nerd Wallet

For both American and international travelers, Las Vegas is one of the most popular destinations in the U.S. Its casinos, restaurants and live entertainment attracted more than 32 million visitors in 2021. And Las Vegas has been the top trade show destination in the U.S. for 22 straight years. Whether you’re heading to Sin City. Lee Huffman writes for NerdWallet.

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