Wed.Sep 14, 2022

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Florida CFO Floats Bill Prohibiting Political Discrimination by Collectors

Account Recovery

The Chief Financial Officer for the state of Florida wants the state legislature to enact a law that would revoke the licenses of debt collectors that are hired by the Internal Revenue Service and target Floridians for collections based on their political beliefs. What’s Happening: Patronis has released draft legislation that would establish anti-discrimination provisions … The post Florida CFO Floats Bill Prohibiting Political Discrimination by Collectors appeared first on AccountsR

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I don’t think my business can afford to use a collection agency-Now what?

American Profit Recovery

Hold on… not so fast! Before your business decides it’s not a good idea to use a collection agency or you simply cannot afford it, we have a few pieces of advice you should consider before shutting the door on getting third-party help. There is much more to consider before you decide not to use a collection agency to improve your cash flow. If you have customers that continue to pay late, customers that don’t pay at all or both, check out our reasons to seriously consider getting hel

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Daily Digest – September 14. Judge Dismisses FDCPA Case for Lack of Standing; GOP Governors Want Student Loan Debt Cancellation Nixed

Account Recovery

JUDGE DISMISSES FDCPA CASE FOR LACK OVER ALLEGEDLY RUDE & HARASSING INTERACTIONS FOR LACK OF STANDING The plaintiff accused the defendant of employing “good cop, bad cop” in attempting to collect on a debt and then withdrawing funds from her account prior to her giving final authorization to do so. But the plaintiff was the … The post Daily Digest – September 14.

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Consumer Debt vs. Non Consumer Debt

Sawin & Shea

When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. Your consumer and non-consumer debts impact your ability to file Chapter 7 bankruptcy, and your debt types also determine what’s protected by an automatic stay when filing Chapter 13 bankruptcy. If you’re considering filing Chapter 7 or Chapter 13 bankruptcy, consider enlisting the help of skilled bankruptcy attorneys.

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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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20 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 20 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Judge Dismisses FDCPA Case Over Allegedly Rude & Harassing Interactions for Lack of Standing

Account Recovery

A District Court judge in Illinois has granted a defendant’s motion to dismiss, albeit giving the plaintiff an opportunity to amend her complaint, in a Fair Debt Collection Practices Act case because she lacked standing to sue, ruling that the behavior of the defendant’s representatives alleged in the complaint did not reach the level of … The post Judge Dismisses FDCPA Case Over Allegedly Rude & Harassing Interactions for Lack of Standing appeared first on AccountsRecover

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What Benefits Are Covered by Medicare?

Nerd Wallet

Medicare is a government program that offers health insurance coverage for people 65 and older and others with certain disabilities. The available benefits will depend on the type of Medicare plan you choose. It’s important to understand your Medicare benefit options, so you can select the plan or plans that best suit your needs. Medicare. Roberta Pescow writes for NerdWallet.

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Top 5 Benefits of Outsourcing Collection Services

Taurus Collect

Ensuring timely debt collection from delinquent accounts is a challenging task. Delay in the collection of debts leads to cash flow disruptions, and recovering those funds can be time-consuming, expensive, and inefficient, especially without the right resources. Luckily, you can always enjoy the perks of outsourcing debt collection services. This is an efficient, cost-effective alternative if your company strives to eliminate delinquencies.

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The Guide to Marriott Titanium Elite Status

Nerd Wallet

With over 8,000 properties in 139 countries, Marriott is one of the most popular hotel brands in the world. To get the most out of your Marriott stays, it’s worth joining the Marriott Bonvoy loyalty program. With five levels of elite status, Marriott Titanium elite sits near the top, just beneath Ambassador, the highest-level Bonvoy. Lee Huffman writes for NerdWallet.

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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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Wholesale Inflation Dips in August

NACM

Inflation at the wholesale level rose 8.7% year over year in August, according to the producer price index. Prices fell 0.1% from July to August, according to data from the Bureau of Labor Statistics released Wednesday."Just one day after August's disappointing Consumer Price Index report triggered a meltdown on Wall Street, a separate inflation re.

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How Much Does a Car Starter Cost?

Nerd Wallet

A new car starter can cost $70 to $425, and installing it can cost you several hundred dollars to $1,000 or more. The final cost will depend on your car, where you buy the starter and how you install it. If you research and consider your choices, you can likely find an option that will. Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com.

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GOP Governors Call on Biden to Withdraw Student Loan Debt Cancellation Plan

Account Recovery

Nearly two dozen governors — all of them Republicans — have sent a letter to President Biden, saying they “fundamentally oppose” the plan to cancel up to $20,000 of student loans for individuals across the country, saying that the price each American is going to have to pay to cover that amount of money will … The post GOP Governors Call on Biden to Withdraw Student Loan Debt Cancellation Plan appeared first on AccountsRecovery.net.

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How Will Relaxed COVID Guidelines Affect Your Next Trip?

Nerd Wallet

About two and a half years into the pandemic, you might be wearing masks less often and traveling more often than you did last year. Most countries have lifted the restrictions that prevented international travel. In an August brief, the Centers for Disease Control and Prevention said the pandemic has moved into “a different phase,”. Sally French writes for NerdWallet.

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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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Easy Solutions to 3 Common Air Travel Nightmares

Nerd Wallet

Air travel is a mess these days given this summer’s onslaught of delays and canceled flights. In fact, the on-time arrivals rate hasn’t been this low since 2014, according to data from the Bureau of Transportation Statistics. In the first six months of 2022, more than 20% of flights originating from a U.S. airport were. Sally French writes for NerdWallet.

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5 Things to Know About the American Eagle Credit Card

Nerd Wallet

As far as store credit cards go, the Synchrony-issued American Eagle credit card doesn’t exactly soar above others. Like many other store cards, it has a $0 annual fee, a high annual percentage rate and a modest sign-up bonus. What’s different about this card is its rewards structure, and that’s not a good thing if. Jae Bratton writes for NerdWallet.

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