Tue.Sep 29, 2020

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Provider to Pay $7M to Settle Breach That Compromised Info of 10M People

Account Recovery

The phishing attack, which occurred in … The post Provider to Pay $7M to Settle Breach That Compromised Info of 10M People appeared first on AccountsRecovery.net.

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Consumers Aren’t Great Savers: CFPB Report

Account Recovery

Even rich people are having problems paying their bills, according to a new report released by the Consumer Financial Protection Bureau. Looking at data that from a previously conducted survey, researchers at the CFPB concluded that 40% of all individuals had difficulty paying a bill or covering an expense in the preceding 12 months.

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Managing the Corona Debt Tsunami - The Experts Speak

Fico Collections

Bureau data became a challenge as many of the leading indicators became redundant since people ‘froze’ in time, which placed risks on many of the account origination and account management scores. Understanding whether people are willing to collaborate with you has become as important as understanding the risk of the customer.

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Joint and Several Liability and Debt Collection

FFGN COLLECT NY

Many people sign loan documents and guarantees after a quick glance because they want to make a deal. Joint and several liability exists when two or more people or entities are liable for the same debt. They may bring those people or entities into the case by starting a third party action.

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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.

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Thriving in Third Party Debt Collection: An Interview With Lauren Valenzuela

PDC Flow

The challenge lies in getting people to simply engage with debt collectors. However, with the proliferation of scam calls, consumers are reluctant to answer the phone from numbers they do not recognize, and also many people simply do not like to speak on the phone. Our industry relies heavily on making outbound phone calls.

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How to Remove 11 Charter Bright House from Your Credit Report

Better Credit Blog

Most debt collectors assume that people don’t know their rights and will treat them poorly in order to secure payments. They are consummate professionals that have helped thousands of people clean up their credit report. Misrepresenting themselves when communicating with you. Reporting false information to credit bureaus.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Lynnette Khalfani-Cox, The Money Coach®, will answer these questions and more – giving you insights into the consumer mindset along with proven strategies for nurturing trust and client- building in underserved markets.