Tue.Sep 20, 2022

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State AGs Back More Anti-Robocall Efforts from FCC

Account Recovery

State Attorneys General from across the country are calling on the Federal Communications Commission to take further efforts to reduce the number of illegal robocalls being received by their constituents, including more outright blocking of calls. The state AGs — 51 of them — submitted their letter as a comment to proposals initiated by the … The post State AGs Back More Anti-Robocall Efforts from FCC appeared first on AccountsRecovery.net.

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4 Non-Investment Questions to Ask an Advisor Before Retiring

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. Using a financial advisor for your investment needs is 100% on brand, but what about the other parts of.

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Appeals Court Upholds Dismissal of FDCPA Suit Over Alleged Lack of License

Account Recovery

The Court of Appeals for the Third Circuit yesterday upheld a lower court’s dismissal of a Fair Debt Collection Practices Act case, ruling that a debt buyer was not required to be licensed under a state law in Pennsylvania when it attempted to collect interest that had accrued at a rate of 23% under the … The post Appeals Court Upholds Dismissal of FDCPA Suit Over Alleged Lack of License appeared first on AccountsRecovery.net.

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What Does Flood Insurance Cost?

Nerd Wallet

You’ve fallen in love with that charming little house near the river. But if you buy that home, your mortgage lender will require you to buy flood insurance. Will the extra expense put your dream home out of reach? Your flood insurance cost will depend on many factors, including the size, location and elevation of. Sarah Schlichter writes for NerdWallet.

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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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Nearly 20% of Households Carrying Medical Debt, Including Many That Have Insurance

Account Recovery

The average amount of medical debt carried by individuals — regardless of whether they have health insurance or not — is nearly $22,000 and is impacting what are known as the Social Determinants of Health (SDOH) — essentially the ability to be able to afford food and somewhere to live. The data was published last … The post Nearly 20% of Households Carrying Medical Debt, Including Many That Have Insurance appeared first on AccountsRecovery.net.

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Complaint Accuses Collector of Violating 7-in-7

Account Recovery

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 Complaint Accuses Collector of Violating 7-in-7 appeared first on AccountsRecovery.net.

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What Is a Clean Title?

Nerd Wallet

A car with a clean title means an insurance company has never determined the vehicle to be a total loss. Typically, insurance companies will declare a vehicle to be a total loss if it can’t be safely repaired or if repair costs are too high relative to the vehicle’s estimated value. Then, the title —. Benjamin Din writes for NerdWallet. Email: bdin@nerdwallet.com.

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Daily Digest – September 20. Complaint Accuses Collector of Violating 7-in-7; Appeals Court Upholds Dismissal of FDCPA Suit

Account Recovery

COMPLAINT ACCUSES COLLECTOR OF VIOLATING 7-IN-7 A collector is accused of violating the Fair Debt Collection Practices Act by making “countless” calls to the plaintiffThe plaintiff allegedly requested that the defendant stop making phone calls to her. More details here.This content is sponsored by WebRecon. APPEALS COURT UPHOLDS DISMISSAL OF FDCPA SUIT OVER ALLEGED LACK … The post Daily Digest – September 20.

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Can I Buy Travel Insurance After Booking?

Nerd Wallet

When you’re planning a trip away from home, travel insurance provides peace of mind, especially for pricey vacations. Maybe you’ve already started booking a trip and only now realized travel insurance might be a good idea. You may be wondering, “Can I buy travel insurance after booking my trip or purchasing plane tickets?” The short. 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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Company Insolvency rate rises by 72% over past year

UK debt collections

Company insolvency rates in the United Kingdom have risen by 72% in the past year. it is reported that 20,000 companies have gone out of business according to analysis from audit, tax and advisory firm Mazars. The figures show that company insolvencies increased over the past year from 11,949 to 20,512. The latest Insolvency Service figures indicated that 1,933 companies entered insolvency with pubs, bars and restaurants in the hospitality sector being the most affected.

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5 Things to Know Before Flying Turkish Airlines 

Nerd Wallet

Planning an international flight on Turkish Airlines? It’s certainly an option for international travel as the airline flies to over 260 destinations around the world, including to about 46 airports in Turkey. If you’re wondering what to expect, here’s our Turkish Airlines flight review, complete with five things to know before flying Turkish Airlines. 1.

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CFPB Examines Potential Impact of Rising Car Prices on Consumer Credit

Troutman Sanders

On September 19, the Consumer Financial Protection Bureau (CFPB) released a blog post , exploring the potential relationship between rising car prices and changes in auto loan performance. The CFPB found that the rate of delinquency, especially for low-income borrowers, has risen over the past year. For example, auto loans for consumers with deep subprime credit scores were 2.4% delinquent two quarters after origination, which is a 33% increase from the previous five-year high set in 2020.

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The Best Uses of Hyatt Points

Nerd Wallet

The World of Hyatt program is a favorite of frequent travelers for its published award chart (despite some recent award chart changes), rewarding top-tier elite status, and points-earning World of Hyatt Credit Card. While the program has fewer hotels than other hotel rewards programs, there are lots of ways to get great value from World. Ramsey Qubein 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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Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi

Fico Collections

Home. Blog. FICO. Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi. FICO fraud expert TJ Horan talks fraud management and responsible AI with FICO's Chief Analytics Officer, Dr. Scott Zoldi. FICO Admin. Thu, 08/22/2019 - 12:37. by TJ Horan. expand_less Back To Top. Tue, 09/20/2022 - 11:50. My colleague Dr. Scott Zoldi , Chief Analytics Officer of FICO, is one of the driving forces of the artificial intelligence (AI) and decisioning technology that powers FICO® Falcon and an entir

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5 Things to Know About Marriott Status Match

Nerd Wallet

Hotel elite status can deliver all kinds of rewards — from bonus points to late checkout. Even better, room upgrades, free breakfast, lounge access and other welcome amenities are all on offer when you have a higher elite status. But what is someone to do if they have an upcoming Marriott stay, but they’re typically. Ramsey Qubein writes for NerdWallet.

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SCAM ALERT received this morning 20.09.22

Taurus Collect

SCAM ALERT received this morning 20.09.22. Emails appear to have been sent out at 08.15 approx from r.lynda@denforcementagents.com. Please note, if you have received an email from a Lynda Roberts from DEnforcement Agents purporting to be from Taurus Collections, please ignore it. This is a scam and we are urgently looking into it. We would always remind you to check the domain of the sending email, particularly here as the email does not come from our company domain, yet it asks you to contact u

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Should I Use Affirm for Travel?

Nerd Wallet

Affirm is a “buy now, pay later service” that offers consumers the option of paying for their purchase in installments instead of requiring the whole payment upfront. It can be used for a wide range of products, from clothing to electronics, furniture, and even travel. Many travel companies, including Expedia, Priceline, Orbitz and American Airlines, Josh Garber 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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How To Know the Difference Between Legitimate Debt Collection Company and Scams?

Taurus Collect

Dealing with debt collection issues can be overwhelming, especially when you are unsure if the person contacting you is legitimate or a scammer. When an account becomes past due, your creditor may attempt to collect the amount owed or hire a debt collection agency. While there are several legitimate debt collection agencies in the industry, you should not overlook the chances that a scammer might try to take advantage of your debts.

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What Is a Medicare Savings Program?

Nerd Wallet

Medicare Savings Programs are federally funded, state-administered programs that can help people with limited incomes and resources pay for part or all of their Medicare copayments, deductibles, premiums and coinsurance. What types of Medicare Savings Programs are available? There are four Medicare Savings Programs offered through individual states: Qualified Medicare Beneficiary Program.

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Red Teams are making the internet a safer place

On Guard

October is security month at Visma, but online safety should happen all year round. We are discussing Red Teams and how they help to make the internet a safer place for everyone. With the high increase in cyber crime all over the world, many people and organisations are worried about becoming the next victim. In order to protect yourself, you’ll need to ask a fundamental question: how exactly can cyber criminals attack you?

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US Rail Strike Averted, Truckload Capacity Jumps

NACM

?A potential U.S. rail strike was averted last week when labor unions and railroads reached a tentative agreement, facilitated by President Joe Biden's administration. But the situation underscored the fragility of the economy and supply chains.The announcement made by Labor Secretary Marty Walsh states if unions accept the deal, workers will get m.

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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.