Wed.Feb 22, 2023

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It’s important to have a career where we can help others

American Profit Recovery

By Delaney: “Thank you for helping me today.” “Thank you for reaching out and for being understanding and compassionate.” “Thank you so much for hearing me out, you don’t get that often.” These are just a few of the many compliments we hear daily at American Profit Recovery. We hear these kind words because our collectors are expertly trained on the job to be equipped for real-time problem-solving.

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CFPB Orders TitleMax to Pay a $10 Million Penalty for Unlawful Title Loans and Overcharging Military Families

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans.

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Daily Digest – February 22. Supreme Court Denies Petition in FDCPA Standing Case; Idaho AG to Intervene in Case Challenging State Collection Law

Account Recovery

SUPREME COURT DENIES PETITION IN FDCPA STANDING CASE As we await word from the Supreme Court about whether it will hear arguments in the Consumer Financial Protection Bureau’s funding case, the highest court in the land yesterday announced it had denied a petition from a plaintiff who had won $350,000 in a Fair Debt Collection … The post Daily Digest – February 22.

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What to Expect as Student Debt Cancellation Goes to Supreme Court

Nerd Wallet

Eliza Haverstock writes for NerdWallet. Email: ehaverstock@nerdwallet.com. Twitter: @elizahaverstock. The article What to Expect as Student Debt Cancellation Goes to Supreme Court originally appeared on NerdWallet.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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21 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 21 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

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Supreme Court Denies Petition in FDCPA Standing Case

Account Recovery

As we await word from the Supreme Court about whether it will hear arguments in the Consumer Financial Protection Bureau’s funding case, the highest court in the land yesterday announced it had denied a petition from a plaintiff who had won $350,000 in a Fair Debt Collection Practices Act case, only to have it overturned … The post Supreme Court Denies Petition in FDCPA Standing Case first appeared on AccountsRecovery.net.

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Student Debt Can Make You Sick: 3 Ways to Deal With the Stress

Nerd Wallet

Trea Branch writes for NerdWallet. Email: tbranch@nerdwallet.com. The article Student Debt Can Make You Sick: 3 Ways to Deal With the Stress originally appeared on NerdWallet.

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Judge Allows Idaho AG to Intervene in Case Challenging State Collection Law

Account Recovery

If I mention Frank Vandersloot, Idaho, and medical debt collection, that may trigger your memory of a billionaire who lobbied and advocated for the enactment of the Idaho Patient Act, a law that went into effect two years ago that cracked down on what it labeled to be “aggressive” collection of medical debts. That law … The post Judge Allows Idaho AG to Intervene in Case Challenging State Collection Law first appeared on AccountsRecovery.net.

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Estate Planning Attorneys: What They Do and How to Choose One

Nerd Wallet

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article Estate Planning Attorneys: What They Do and How to Choose One originally appeared on NerdWallet.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Conn. Lawmakers, AG Propose New Anti-Robocall Bill

Account Recovery

The Attorney General of Connecticut is working with a bipartisan coalition of state legislators to update the state’s anti-robocall law, saying the law needs to be modernized to stay in line with communication trends and new technology. The proposed legislation would expand the definition of robocall to include text messages, set limits on when telemarketers … The post Conn.

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5 Things to Know About the Big Lots Credit Card

Nerd Wallet

Jaime Hanson writes for NerdWallet. Email: jhanson@nerdwallet.com. The article 5 Things to Know About the Big Lots Credit Card originally appeared on NerdWallet.

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Adjustable-Rate Mortgages and Bankruptcy

Sawin & Shea

Adjustable rate mortgages have been on the rise in recent years. And although there are benefits to obtaining this type of mortgage, debtors often have to pay increased interest and monthly payments. These increased payments can put financial pressure on debtors, leading them to fall behind on their housing payments. If you’re at risk of losing your house because of missed mortgage payments, you need to take immediate steps to ensure that you retain your home.

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United Finally Lets Kids Sit With Parents For Free

Nerd Wallet

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article United Finally Lets Kids Sit With Parents For Free originally appeared on NerdWallet.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Celebrating CSA Wins and Support for Low-Income Children and Families in Michigan

Prosperity Now

Michigan has had several recent state legislative victories on policies to help low-income children and families, along with a proposed

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5 Things to Know About the Overstock Credit Card

Nerd Wallet

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. The article 5 Things to Know About the Overstock Credit Card originally appeared on NerdWallet.

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The Role of Communication in Debt Collection

JMA

Debt collection is an essential process that helps businesses recover outstanding payments from their clients. The process of debt collection is made up of many key elements, one of which is the way in which you communicate. Effective communication plays a critical role in the debt collection process, as it can determine the success or. Read more » The post The Role of Communication in Debt Collection appeared first on JMA Credit Control.

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What Is a Medicare ABN?

Nerd Wallet

Kate Ashford, CSA® writes for NerdWallet. Email: kashford@nerdwallet.com. Twitter: @kateashford. The article What Is a Medicare ABN? originally appeared on NerdWallet.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Consumer Advocates Respond to DentalPlans’s FCC Petition Regarding Membership Renewal Calls

Troutman Sanders

As the Federal Communications Commission (FCC) considers whether DentalPlans.com’s (DentalPlans) plan renewal calls constitute telemarketing under the Telephone Consumer Protection Act (TCPA), multiple interested parties, including the National Consumer Law Center (NCLC) and the Professional Associations for Customer Engagement (PACE), have submitted comments weighing in on DentalPlans’ petition.

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Guide to Affordable Internet for Low-Income Households

Nerd Wallet

Amanda Barroso writes for NerdWallet. Email: abarroso@nerdwallet.com. The article Guide to Affordable Internet for Low-Income Households originally appeared on NerdWallet.

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Supreme Court Holds Debtor Who is Liable for Fraud Cannot Discharge That Debt in Bankruptcy

Troutman Sanders

In a unanimous decision, the Supreme Court held that § 523(a)(2)(A) of the Bankruptcy Code precludes a debtor from discharging a debt obtained by fraud, regardless of the debtor’s own culpability. In Bartenwerfer v. Buckley , issued February 22, the Court concluded that “§ 523(a)(2)(A) turns on how the money was obtained, not who committed fraud to obtain it.

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10 Best-Performing Biotech Stocks: February 2023

Nerd Wallet

Sam Taube writes for NerdWallet. Email: staube@nerdwallet.com. Twitter: @samuel_taube. The article 10 Best-Performing Biotech Stocks: February 2023 originally appeared on NerdWallet.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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UK Card Spend Reaches Highest Level Since at Least 2006

Fico Collections

Home Blog FICO UK Card Spend Reaches Highest Level Since at Least 2006 FICO data shows that inflation and Christmas consumer spending saw a sharp rise in December, while more UK customers missed a payment Darcy Sullivan Tue, 11/10/2020 - 12:17 by Liz Ruddick Principal Consultant expand_less Back To Top Wed, 02/22/2023 - 11:15 Seasonal consumer spending surged on UK credit cards in December, which is the trend you would expect in the holiday season.

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February 2023 Newsletter – Striking a Balance

Jimerson Firm

Featured in the February 2023 Issue Partner’s Perspective: Striking a Balance: The Importance of Loving Your Job and Maintaining a Healthy Work-Life Balance from a Law Partner’s Perspective Managing Partner, Charles Jimerson, joins Veteran Owned Business Panel Blog Highlights Curiosities, Ruminations and Various Eccentricities of Firm Biz READ NEWSLETTER The post February 2023 Newsletter – Striking a Balance appeared first on Jimerson Birr.

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Diving into Global Currency

NACM

As I enter my sixth week of the International Credit & Risk Management (ICRM) course, I'm gaining a deeper understanding about international trade credit, specifically the innerworkings of currency. Module 6 in particular, focuses on banking and currency terms and concepts. This is possibly the most anticipated module for me because it delves d.

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What to Know About the CFPB’s Plan to Slash Credit Card Late Fees

Collection Industry News

At a time when everything seems to cost more, finding out you owe a fee on top of a base purchase price is rage-inducing. Even the federal government is getting annoyed. Fees got a mention in the 2023 State of the Union address, on account of the Biden administration’s recent plan to eliminate “junk fees,” such as hotel resort fees and service charges for concert tickets.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?