Account Recovery

SEPTEMBER 27, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Collector Facing Class Action for Allegedly Shortening Validation Period appeared first on AccountsRecovery.net.

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Nerd Wallet

SEPTEMBER 27, 2022

Years ago, there were business travelers and there were leisure travelers, and nary did the perks of the high-flying former trickle down to the economy-focused latter. Airport lounges that offer cozy chairs, free buffet spreads and an open bar while you wait to board? Those were reserved for the business traveler in the tailored suit. Erin Hurd writes for NerdWallet.

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Fraser

SEPTEMBER 27, 2022

Medicare Part D notices (of either creditable or non-creditable coverage) are due for distribution prior to October 15th. . The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 requires entities who offer prescription drug coverage to notify Medicare Part D eligible individuals whether their prescription coverage is creditable coverage.

Acquisition 85

Acquisition 85

Nerd Wallet

SEPTEMBER 27, 2022

To calculate the return on an investment, subtract the amount you pay for it from the amount you make when you sell. Nerdy Tip: When you trade on an exchange, you’re usually charged a fee each time you buy and sell. Fees are always a drag on investment returns. There are many exchanges that charge. Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com.

Trade 69

Trade 69

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.

Troutman Sanders

SEPTEMBER 27, 2022

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Federal Activities: On September 23, the Federal Reserve Board invited comment on operational risk-management requirement updates for certain systemically important financial market utilities (FMUs) supervised by the Fed.

Financial services 52

Financial services Loans Trade Student loans 52

Fico Collections

SEPTEMBER 27, 2022

Home. Blog. FICO. Digitalization and Artificial Intelligence: 5 Keys to Success. Digitalization and artificial intelligence will radically change retail banking. What does this mean for banks? FICO Admin. Thu, 12/19/2019 - 16:29. by Ulrich Wiesner. expand_less Back To Top. Mon, 09/26/2022 - 18:25. Machine learning, language processing, robotics - the artificial intelligence toolbox offers a range of smart tools that enable machines to act autonomously.

Banks 52

Banks Retail Manufacturing Financial Institution 52

Luftman, Heck & Associates.

SEPTEMBER 27, 2022

Utilities are vital to everyday life. It can be easy to take them for granted, but like other services, you must keep up with payments. If you have difficulty keeping up with those payments, you risk a disconnection. There are ways to stop or stall a disconnection, and programs designed to help those in need. Why Would Utilities Get Cut Off? The most common reason that a utility suspension happens Read More.

Bankruptcy 52

Bankruptcy 52

Collection Industry News

SEPTEMBER 27, 2022

Weiner Brodsky Kider PC, September 23, 2022. Recently, the CFPB and FTC filed an amicus brief in a Third Circuit FCRA case asserting that furnishers are required to investigate any dispute forwarded to them by a credit reporting company (i.e., indirect disputes) and cannot avoid that obligation by asserting the dispute is frivolous. In the brief, the agencies argued that the text of FCRA is unambiguous and that nothing in the statute that would exempt furnishers from investigating a dispute beca

Collections 40

Collections 40

Collection Industry News

SEPTEMBER 27, 2022

Sarah Collins, September 26, 2022. A third of people were just managing to make ends meet this month, according to a Bank of Ireland sentiment survey. The figure rose to 53pc for lower-income households, Bank of Ireland’s economic pulse survey found, and dropped to 16pc for those at the top end. Consumer confidence fell to an all-time low as households faced rising energy bills and mortgage repayments, with people more gloomy about their overall personal finances, as well as the economy and job

Construction 40

Construction Banks Retail Collections 40

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Collections

Collection Industry News

SEPTEMBER 27, 2022

Sheetal Shah, September 22, 2022. RIVERWOODS, Ill.–(BUSINESS WIRE)–An annual survey from Discover ® Student Loans revealed that 58% of parents with college-bound students didn’t plan on applying for federal aid, but now have changed their minds. According to the survey, 72% of parents of college-bound children who are familiar with the Free Application for Federal Student Aid (FAFSA ® ) 1 plan on filling it out this fall.

Student loans 40

Student loans Student Loans Loans Financial services 40

Collection Industry News

SEPTEMBER 27, 2022

Lorie Konish, September 23, 2022. Investor Toolkit. Both expert and everyday investors are worried a recession is coming. The good news is there are steps you can take now to limit the negative impact a downturn may have on your finances. Start by coming up with a concrete plan and writing it down, one expert says. The possibility of a looming recession is prompting fresh worries for both professional and everyday investors.

Personal loans 40

Personal loans Loans Collections Bankruptcy 40

Collection Industry News

SEPTEMBER 27, 2022

Megan Henney, September 23, 2022. NC State Endowment Committee member Dennis Gartman and Payne Capital Management president Ryan Payne debate how an aggressive Fed could impact markets on ‘Mornings with Maria.’. U.S. home prices are finally falling from a record high notched earlier this year, and could tumble by as much as 20% by mid-2023, according to a top economist.

Collections 40

Collections Government 40

Collection Industry News

SEPTEMBER 27, 2022

Ronda Lee, September 21, 2022. The federal government this week unveiled how many student loan borrowers in each state, Washington, D.C., and Puerto Rico are eligible for President Joe Biden’s debt forgiveness, while also reiterating how cancellation could help narrow the racial wealth gap. The state-by-state figures highlight the number of borrowers who qualify for the $10,000 in cancellation as well as the number of Pell Grant recipients eligible for an additional $10,000 in loan forgive

Student loans 40

Student loans Student Loans Loans Government 40

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