Tue.Jun 14, 2022

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Daily Digest – June 14. Judge Denies MTD in Hunstein Copycat Case; Class-Action Accuses Collector of Ignoring Validation Request

Account Recovery

JUDGE DENIES MTD IN HUNSTEIN COPYCAT CASE A District Court judge in Washington has denied a defendant’s motion to dismiss after it was sued for allegedly communicating information about a debt with an unauthorized third party that printed and mailed a collection letter to the plaintiff, ruling that the language of the Fair Debt Collection … The post Daily Digest – June 14.

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Venmo Business Accounts: Pros, Cons, Alternatives

Nerd Wallet

Venmo, a peer-to-peer money transfer app, is a low-cost option for businesses looking to accept contactless payments. Business owners can register for a business account attached to their personal Venmo account. Once set up, sellers can receive payments with their username, integrated Shopify and PayPal checkout, or a unique QR code. Venmo charges a fee.

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Debt Collection, Credit Reporting Key Areas of CFPB Report on Issues for Servicmembers and Their Families

Account Recovery

Issues with billing inaccuracies and “aggressive” tactics used by debt collectors to recover “allegedly unpaid” medical debts received top billing in a press release yesterday that was issued by the Consumer Financial Protection Bureau announcing that it had published its annual report on the top financial concerns facing servicemembers and veterans.

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Glimpse the Future with Peter Zeihan – Strategist, Thinker, Futurist, Speaker

Burr Forman

On June 10, both live and virtual at Burr & Forman’s Birmingham Office, author Peter Zeihan discussed world developments including Ukraine, supply chain issues, the impact on mid-term elections, and more. Peter’s amazing global insights and analysis always leave you wanting more and this presentation was no different. Peter Zeihan has been featured in and cited by numerous newspapers and broadcasts including The Wall Street Journal, Forbes, AP, Bloomberg, CNN, ABC, The New York T

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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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Judge Denies MTD in Hunstein Copycat Case

Account Recovery

A District Court judge in Washington has denied a defendant’s motion to dismiss after it was sued for allegedly communicating information about a debt with an unauthorized third party that printed and mailed a collection letter to the plaintiff, ruling that the language of the Fair Debt Collection Practices Act “bars debt collectors from communicating … The post Judge Denies MTD in Hunstein Copycat Case appeared first on AccountsRecovery.net.

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Bill Introduced in House to Allow Kids to Take Over PLUS Loans From Parents

Account Recovery

A bill has been introduced in the House of Representatives that would allow students to take over debts that were incurred on their behalf under the Parents PLUS loan program. A copy of H.R.7982, the Parent PLUS Loan Fairness and Responsibility Act, can be accessed by clicking here. Under the Parent PLUS program, parents take … The post Bill Introduced in House to Allow Kids to Take Over PLUS Loans From Parents appeared first on AccountsRecovery.net.

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Can I Pay Off My Chapter 13 Bankruptcy Plan Early

Sawin & Shea

Most people enter into bankruptcy because they are experiencing financial hardship. However, though a person can be struggling at the time they file, this does not mean it isn’t possible for their financial situation to greatly improve while they are still paying off their Chapter 13 bankruptcy plan. If you do find yourself having more money than expected, it’s understandable that you would want to know if an early payoff is a possibility.

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Class-Action Filed Against Collector For Allegedly Ignoring Validation Request

Account Recovery

A class-action complaint has been filed in federal court in Massachusetts, accusing a company of violating the Fair Debt Collection Practices Act by not responding to a dispute request that was submitted by an individual after receiving a collection letter from the defendant. A copy of the complaint in the case of Kayla Lee, also … The post Class-Action Filed Against Collector For Allegedly Ignoring Validation Request appeared first on AccountsRecovery.net.

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What Credit Cards Can Get Me Into the United Polaris Lounge?

Nerd Wallet

United Polaris lounges are the envy of many airport travelers. These award-winning facilities provide more than the average airport lounge, with sit-down meals, high-end drinks and calming reflection spaces. But how do you get into these luxurious lounges? And is there a way to use a credit card to gain entry? Here’s a look at. Carissa Rawson 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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HomeReserve: Key Findings for Homeownership Programming

Prosperity Now

Homeownership is the largest marker of equity and leads to generational wealth-building.

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The NerdWallet guide to finding the best car insurance rate

Nerd Wallet

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

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Unpaid Commercial rent arrears on the rise

UK debt collections

Insolvency professionals are reporting an increase in the number of companies seeking help with issues relating to unpaid commercial rent arrears. The spike has occurred since 26th of March, when restrictions to prevent landlords issuing possession and rent distraint orders for commercial rent arrears were lifted. However, the new rules only permit landlords to issue possession and distraint orders for those arrears which fall outside the pandemic period.

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A Summer Job: Good for the Teenage Soul and Wallet

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. It’s been a rough couple of years, especially for teenagers. Between the shutdowns and the shift to contactless everything.

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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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CFPB Highlights Continued Scrutiny of Military Allotments

Troutman Sanders

In a recent post , the Consumer Financial Protection Bureau (CFPB) discussed its ongoing efforts to investigate and curtail alleged abuses of the military allotment system by lenders. The military allotment system is a servicemember benefit dating from the Civil War, which allows servicemembers to automatically pay certain expenses directly from their pay.

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TrueCar App Review: Find a Car

Nerd Wallet

TrueCar offers a treasure trove of information for car shoppers, from extensive rankings and detailed vehicle reviews to helpful pricing analyses. The app stands out with its “best of” lists that allow buyers to look for everything from the roomiest cars for tall people to the best supercharged and turbocharged cars. TrueCar also tells you. Benjamin Din writes for NerdWallet.

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Search Party: Google’s Directory Service Gets a Refresh

NCBA Law Practice Management Blog

There are lots of directory profiles for businesses online, including many built specifically for lawyers. But, none is more important than Google’s, because it perpetually owns real estate on the first page of the most popular search engine on the planet. You know Google: they own the first most popular search engine (Google), as well as the second most popular search engine: YouTube.

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Sonesta Hotels: What You Need to Know

Nerd Wallet

Ever stayed at a Sonesta Hotel? With locations scattered around the world, these properties offer a variety of experiences, from high-end vacations to budget stays. Although not as popular as competitors like Marriott, Hyatt and Hilton, Sonesta Hotels have a lot to offer an interested traveler. Here’s a look at who owns Sonesta Hotels, their. Carissa Rawson writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Consumer Rights in Debt Collection

Credit Management Company

Debt collection can be a complex process, and consumer rights should always be a top priority. Whether you are attempting to collect a debt on behalf of your organization or are hiring a third-party debt collection service to streamline the collection process, understanding the rights of the consumer in debt collection is one of your responsibilities.

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5 Things to Know About the Synchrony Mastercard

Nerd Wallet

The Synchrony Premier World Mastercard® comes with a $0 annual fee and boasts unlimited 2% cash back on all purchases. Among flat-rate cash-back credit cards, that makes it one of the better options on the market, and certainly more versatile than many of Synchrony’s co-branded store credit cards, many of which can be used only. Jae Bratton writes for NerdWallet.

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Oil Prices Likely to get Worse Before they get Better

NACM

The cost of diesel reached a new record this week of $5.72 a gallon, according to the U.S. Energy Information Administration. Rising oil and fuel costs are adding pressure to the prices of other goods. "Big parts of the economy run on diesel, from agriculture to manufacturing, and thus the surge in diesel prices is driving up prices broadly," Mark.

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What Credit Cards Can Get Me Into Priority Pass Lounges?

Nerd Wallet

Credit cards are more than just a means to pay for things. They offer notable benefits that savvy spenders — and travelers — know to review before even applying for a card. One of those popular perks is access to airport lounges. Some airline co-branded cards provide access to their own lounges, but travelers can. Ramsey Qubein writes for NerdWallet.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

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Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots

Fico Collections

Home. Blog. FICO. Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. FICO's annual conference exposed some of the biggest fraud trends today, from the "scamdemic" to bot attacks. FICO. Tue, 07/02/2019 - 04:56. by Adam Davies. expand_less Back To Top. Tue, 06/14/2022 - 16:25. In May, 800 FICO customers and partners joined FICO colleagues at the first FICO World since the pre-pandemic event in New York in 2019.

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Pass This Credit Card Quiz and Cut Your Costs

Nerd Wallet

One look at a typical cardholder agreement makes clear that credit cards come with plenty of fine print. Even so, a lot of information isn’t readily available to cardholders, especially regarding what they can ask for from their card issuers and how they can manage their accounts more cost-effectively. A recent NerdWallet survey found significant. Melissa Lambarena writes for NerdWallet.

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Safaris on Points: How to Travel to South Africa for Cheap

Nerd Wallet

“I see that you have another trip to South Africa coming up,” my mom noted as she reviewed my travel schedule. And indeed we do. Some may find it wild (pun intended) that my wife and I plan to go back to South Africa yet again after having already visited four times. But, when it’s. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article Safaris on Points: How to Travel to South Africa for Cheap originally appeared on NerdWallet.

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