Account Recovery

FEBRUARY 10, 2022

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Brian Leclerc of

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Accounts Receivables Management 246

Nexa Collect

FEBRUARY 10, 2022

Although the best strategy to assign your accounts for collections is when they are 60-90 days past due , regardless of the time of year; however, December has several additional advantages. This is because of 2 reasons. 1. Clients who use the flat fee service can claim the cost as a business expense in taxes. 2. A large number of debtors receive tax refunds in the next few months, and they will likely prioritize that money paying off your debt, especially if a collection agency is involved.

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Account Recovery

FEBRUARY 10, 2022

Seven years. That’s how long items are supposed to stay on your credit report. Consumers know that. Participants in the accounts receivable management industry know that. Just about everyone knows that. But sometimes there are entries on a credit report that make determining whether seven years has past or not more difficult than it would … The post Appeals Court Affirms Summary Judgment for Defendant in FCRA Case appeared first on AccountsRecovery.net.

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Judgment Accounts Receivables Management 246

Jimerson Firm

FEBRUARY 10, 2022

When account owners have an account that reflects a negative balance, the lender is faced with a myriad of options and obligations with regard to the pursuit of that debt. The first consideration that lenders (banks and credit unions alike) often face is when, and if, to conclude that the account owner does not intend to, or is not able to, clear the negative balance or loan deficiency.

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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.

Account Recovery

FEBRUARY 10, 2022

LAS VEGAS — One of the characteristics of what makes Buy Now, Pay Later loans such an attractive option for a growing number of consumers is also what makes it a difficult asset class for debt buyers to purchase and sell, a panel of experts shared during a session yesterday at RMA International’s Annual Conference. … The post Panel Discusses Viability of BNPL Loans for Buying, Selling appeared first on AccountsRecovery.net.

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Loans 245

Account Recovery

FEBRUARY 10, 2022

GETTING TO KNOW BRIAN LECLERC OF MARCAM ASSOCIATES The power of an open mind. It’s how Brian Leclerc came to work and succeed in the accounts receivable management industry, and it’s how he was able to see how adding one word to how he approaches his life can make all the difference in the world. … The post Daily Digest – February 10. Getting to Know Brian Leclerc of Marcam Associates; Panel Discusses Viability of BNPL Loans appeared first on AccountsRecovery.net.

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Accounts Receivables Management Loans 245

Nerd Wallet

FEBRUARY 10, 2022

Spirit Airlines and Frontier Airlines this week announced a definitive merger agreement under which the companies would combine, creating what the two are calling “America’s most competitive ultra-low fare airline.” Plenty of people have taken to social media and late-night talk shows to ridicule the idea of what many consider the worst airlines in America.

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Account Recovery

FEBRUARY 10, 2022

I’m not a lawyer, but it seems to me that if you are going to propose a definition for a class in a lawsuit, the first rule is to make sure that the definition includes you. A plaintiff seems to have made that mistake, which is why a District Court judge in Florida has denied … The post Judge Denies Motion to Certify Class in FDCPA Suit appeared first on AccountsRecovery.net.

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Lawyers 244

Nerd Wallet

FEBRUARY 10, 2022

There are at least 23 states that offer free community college tuition to some students. “Free” doesn’t necessarily mean your education will carry no cost. Students are often expected to cover fees, room and board and transportation. In addition, free community college often comes with requirements that limit who qualifies. For example, receiving free tuition.

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Collections

PBWT

FEBRUARY 10, 2022

“[E]nsnared between his involvement in a business that is legal under the laws of Arizona but illegal under federal law,” one debtor’s chapter 13 petition was recently dismissed due to his undisputed violations of the Controlled Substances Act. In November 2020, Arizonan voters supported a ballot initiative legalizing recreational use of marijuana.

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Nerd Wallet

FEBRUARY 10, 2022

The right business software for your company can minimize manual data entry, generate more insightful reports and ensure your books stay up to date. Before choosing a product, verify that it integrates with the rest of your system. Here are NerdWallet’s top picks for the best small-business software. QuickBooks Online: Overall best accounting software Cost: Hillary Crawford writes for NerdWallet.

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Troutman Sanders

FEBRUARY 10, 2022

Q. Does the Workers’ Compensation Act bar a claim for damages under Illinois’ Biometric Privacy Act ( BIPA )? A. The Illinois Supreme Court recently issued an opinion, finding that the Workers’ Compensation Act does not bar a claim for damages under BIPA. As a refresher, BIPA regulates the collection, use, safeguarding, and storage of biometric information (such as fingerprints, retina scans, or face scans).

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Nerd Wallet

FEBRUARY 10, 2022

The Chase-issued Marriott Bonvoy Boundless® Credit Card will become more rewarding for all cardholders beginning Feb. 10, 2022. First, new cardholders will receive a valuable sign-up bonus: “Earn 100,000 points after spending $3,000 in the first three months from account opening.” NerdWallet values Marriott points at 1 cent each, making this introductory bonus worth roughly $700 when used toward.

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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?

Banks

Fico Collections

FEBRUARY 10, 2022

I am thrilled to share the news that FICO was ranked Number Two on the Forbes 2022 list of America’s Best Mid-Sized Employers and Number One in the IT, Internet, Software & Services Industry list. Ranking top out of 500 companies for the second consecutive year , this recognition was calculated by an anonymized survey based entirely on our employee satisfaction.

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Nerd Wallet

FEBRUARY 10, 2022

Just because you have good credit doesn’t mean you’re guaranteed to be approved for all credit cards. It may seem counterintuitive and maybe even insulting to be rejected, but card issuers consider more than just those precious three numbers of a credit score. On the other hand, that’s also why you might be pleasantly surprised. Gregory Karp writes for NerdWallet.

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Nerd Wallet

FEBRUARY 10, 2022

If you’re a Hilton loyalist, a co-branded card is worth it. If not, it still may be a wise choice for travelers who stay in hotels at least a few times a year. The greater portfolio of Hilton hotels and resorts spans eighteen brands, from Waldorf Astoria to Hampton by Hilton, totaling over 6,700 properties. Paul Rubio writes for NerdWallet. Email: travel@nerdwallet.com.

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Nerd Wallet

FEBRUARY 10, 2022

The three major credit bureaus in the U.S. are Experian, Equifax and TransUnion. There are plenty of reasons why you might need to contact one of them, including disputing an item on your credit report, freezing your credit, or reporting fraud or identity theft. While the major credit bureau websites offer the ability to do. Amanda Barroso writes for NerdWallet.

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Credit Bureau 65

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Collections

Nerd Wallet

FEBRUARY 10, 2022

One of the best perks of airline elite status is scoring business and first class upgrades. However, each U.S. airline uses a different system for top-tier elite upgrades, and United recently revamped its elite upgrade system. In December 2019, United ditched Global Premier Upgrades and Regional Premier Upgrades for a new system called United PlusPoints.

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