Mon.Dec 20, 2021

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Deal Proposed in CFPB Structured Settlement Action

Account Recovery

The Consumer Financial Protection Bureau and defendants it sued over allegedly unfair, abusive, and deceptive practices related to the transfer of consumers’ future structured settlement payments have reached a proposed settlement that will see the defendants pay $50,000 in fines and penalties and be permanently banned from making any referrals (..)

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Report Highlights Struggles for Consumers to Repay Student Loans

Account Recovery

Now, as the countdown to restarting student loan payments inches closer to … The post Report Highlights Struggles for Consumers to Repay Student Loans appeared first on AccountsRecovery.net.

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Daily Digest – December 20. Deal Proposed in CFPB Structured Settlement Action; Report Highlights Student Loan Repayment Issues

Account Recovery

DEAL PROPOSED IN CFPB STRUCTURED SETTLEMENT ACTION The Consumer Financial Protection Bureau and defendants it sued over allegedly unfair, abusive, and deceptive practices related to the transfer of consumers’ future structured settlement payments have reached a proposed settlement that will see the defendants pay $50,000 in fines and penalties and (..)

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How to Get a Car Loan With Bad Credit

Nerd Wallet

For example, on a $30,000, 60-month new-car loan, the difference in payments between borrowers in the. About 1 in 6 auto loan borrowers in 2021 had credit scores below 600, according to credit reporting company Experian. But borrowers with low credit scores pay a lot more. Shannon Bradley writes for NerdWallet. Email: sbradley@nerdwallet.com.

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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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My Employee Stole My Trade Secrets! What Can I Do?

Jimerson Firm

More recently, in 2021, Florida enacted the Combating Corporate Espionage in Florida Act, Section 812.081, Florida Statutes, which created criminal penalties for a person who steals or traffics trade secrets, and permits restitution, and injunctive relief or the payment of royalties. Uniform Trade Secrets Act. 812.081(7). 812.081(7).

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Take the Stress Out of Searching for Names for Debt Collectors

Taurus Collect

It’s challenging enough to be in business without worrying about unpleasant conversations related to outstanding payments. Contingency: Otherwise advertised as debt collection no win no fee payment models. What Do Debt Collectors Do? Business owners have a lot on their plate.

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

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. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST