Mon.Sep 13, 2021

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New Platform Offers ‘Innovative’ Options to Repay Debts

Account Recovery

Seeking to offer consumers more ways to settle their unpaid debts, a husband and wife team fro Wisconsin have launched a new platform that was recently profiled in a media publication. Called Debtle, the platform offers creditors the opportunity to accept “alternative payments” beyond traditional checks and credit and debit cards. Options like opt-in payment … The post New Platform Offers ‘Innovative’ Options to Repay Debts appeared first on AccountsRecovery.net.

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How Long Does It Take for an Authorized User to Show on Your Credit Report?

Credit Corp

Becoming an authorized user is a common tip for individuals trying to build their credit. But what about the people who are being asked to add authorized users? How do authorized users affect you and your credit scores? As long as you’re making payments on time and neither of you run up a lot of debt, you shouldn’t see much effect on your credit reports.

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Daily Digest – September 13. Judge Grants MSJ For Defendant in FDCPA Case; Colo. AG Reaches $3M Settlement With Auto Lender

Account Recovery

JUDGE GRANTS MSJ FOR DEFENSE IN FDCPA CASE OVER WEBSITE DISCLOSURE Sometimes, collectors will use a broad brush and expansive statements to try and cover as much ground as possible when letting consumers know about the rules and regulations related to collecting on unpaid debts. Those statements do not specifically violate the Fair Debt Collection … The post Daily Digest – September 13.

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UTMA & UGMA: Understanding Uniform Transfers & Gifts to Minors

Nerd Wallet

As a parent or guardian, planning for your child’s needs is top of mind. Lots of times, this leads to a conversation about saving for college, but focusing solely on education might not be the best fit for every child. Enter the UTMA or UGMA account, also known as the custodial account. What is a. Tiffany Lam-Balfour writes for NerdWallet. Email: tlambalfour@nerdwallet.com.

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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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Colo. AG Reaches $3M Settlement With Auto Lender Over Origination, Collection Issues

Account Recovery

The Attorney General of Colorado has reached a settlement with one of the nation’s largest subprime auto lenders that will see the company pay more than $3 million in consumer relief while also requiring it to amend its origination and collection practices, including not requiring consumers to make payments through methods that require consumers to … The post Colo.

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Report Ties Medical Debts to BK Filings

Account Recovery

Offering a “microcosm” of the “national problem” of the financial issues caused by illness and injuries leading to individuals being forced to file for bankruptcy protection, a state consumer advocacy group has published a report detailing that 60% of bankruptcy filings included some form of medical debt. The report, which was issued by the OSPIRG, … The post Report Ties Medical Debts to BK Filings appeared first on AccountsRecovery.net.

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Where Does Southwest Fly?

Nerd Wallet

Southwest Airlines is known for its low fares, absence of extra fees, generous free baggage policy and stellar customer service — so it isn’t surprising that you want to know where Southwest flies (and if it can get you where you want to go). Southwest serves many destinations, and while most of the areas it. Natasha Gabrielle writes for NerdWallet.

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Judge Grants MSJ for Defendant in FDCPA Case Over Website Disclosure

Account Recovery

Sometimes, collectors will use a broad brush and expansive statements to try and cover as much ground as possible when letting consumers know about the rules and regulations related to collecting on unpaid debts. Those statements do not specifically violate the Fair Debt Collection Practices Act ruled a District Court judge in Illinois, who granted … The post Judge Grants MSJ for Defendant in FDCPA Case Over Website Disclosure appeared first on AccountsRecovery.net.

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What Is Loss of Use Coverage for Home Insurance?

Nerd Wallet

Imagine a tornado tears through your neighborhood, ripping off part of your roof and leaving your home uninhabitable. Not only will your insurance likely reimburse you for the damage, but it will also pay for you to live somewhere else during repairs. This part of your home insurance policy is known as loss of use. Sarah Schlichter 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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Compliance Digest – September 13

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Smart Money Podcast: Lifestyle Creep and Booking Cheap Travel

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about lifestyle creep — how to know if you’re falling victim to it, tips for preventing it and how to spend your money intentionally. Then we pivot to this week’s money question from Megan in. Liz Weston writes for NerdWallet.

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Child Tax Credit or Guaranteed Income: What's in a Name?

Prosperity Now

On September 15, millions of families will receive the third installment of the monthly Child Tax Credit (CTC) payments that

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Helcim Review for 2021: Features, Pricing, Alternatives

Nerd Wallet

If you’re looking for an all-inclusive merchant service provider, consider Helcim. Its transparent pricing, Helcim Commerce platform and additional capabilities make it a valid choice for a variety of small-business owners. Here’s what you need to know to decide if Helcim might be a good fit for your business. The basics Helcim is a Canadian-founded.

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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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You May Be Responsible for Your Customer Double Debiting Checks

FFGN COLLECT NY

Once the Check Clearing for the 21st Century Act (Check 21) came into effect in 2004, banks could handle checks electronically thereby increasing the speed of check processing and reducing the costs of handling and transferring physical checks. Today, most financial institutions offer a mobile deposit option that lets people deposit checks through an app on their phones.

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7 Best Credit Card Processing Companies 2021

Nerd Wallet

For small businesses that want to accept credit cards, finding a processor is the first step. The best credit card processing company depends on which features are most important to your business. NerdWallet looked at factors such as: Processing costs. Speed of setup. Flexibility to accept payments in-person, online or both. How quickly you receive.

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A Step-by-Step Guide to Skip Tracing

Micro Bilt

In some ways, the digital era has made it easier to stay connected. In other ways, it's made it easier for people to disappear. You may have heard of it before, but what is skip tracing exactly? And what's the importance of skip tracing to locate hard-to-find people? We'll answer these questions and more, so keep reading.

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The Best Lesser-Known Travel Credit Cards

Nerd Wallet

If you are familiar with award travel, you have probably heard of some of the big names, such as Chase Sapphire Reserve® and The Platinum Card® from American Express. For the unfamiliar, these cards allow consumers to earn reward points on purchases that they can then turn into highly discounted travel. But aside from these cards, 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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Side Hustle: Your Hobbies Can Help You Market Your Practice

NCBA Law Practice Management Blog

I’m fond of telling lawyers that if they’re not making enough money out of their practices to generate a viable living, th en they have a hobby, not a business. But, I don’t mean to denigrate hobbies. Hobbies are great. And, many lawyers are far too focused on be ing lawyers to develop one – but, they should! Lawyers are people, too, and need an outlet.

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Imonggo Review 2021: Features, Pricing, Top Alternatives

Nerd Wallet

Running a business can be expensive, especially if you’re paying a substantial monthly fee for a crucial piece of your operations. Although not nearly as prevalent as paid software, some free point-of-sale software solutions are available to business owners, one of which is Imonggo. With the Imonggo free POS software, solid base features and a variety.

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Sixth Circuit rejects Creasy line of cases, holding TCPA claims arising between November 2015 and July 2020 are viable

TCPA

The Sixth Circuit recently became the first federal court of appeals to weigh in on whether plaintiffs can bring TCPA claims for conduct occurring between November 2015 and July 2020—the respective dates on which the unconstitutional government debt exception was … Continue reading →

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The Traveler’s Guide to Air General

Nerd Wallet

Airports can be bustling and confusing, especially for first-time flyers. And even the most experienced travelers may want assistance from time to time. Air General is a service just for that: It’s designed to help expedite a traveler’s journey through an airport terminal or train station. For a fee, an Air General concierge will meet. 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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Five Risky Investments You Should Never Make Using Credit

Direct Recovery

Everyone has a side hustle. Everyone is always looking for an easy way to make some extra cash. And everyone thinks that they have a unique ability to turn a profit, even in areas where many others have failed. Unfortunately, the majority of these people that think they have everything figured out eventually discover that they had absolutely no clue what they were getting themselves into.

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Part II: What Documents Matter Most In Determining Share Value in a Buyout? An Analysis of Key Documents and Why They Matter

Jimerson Firm

Different situations can lead to a corporate buyout. As a business move, a majority shareholder may seek to buyout the minority shareholders or one company may seek to acquire a majority of another company’s shares. Buyouts may also be contractually forced under a company’s governing documents or legally forced by courts pursuant to a statute. In the context of a forced buyout, if parties cannot agree to the share value, the court may have to make a determination as to the fair value of the s

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Video Surveillance Rules for Marijuana Licensees in Michigan

Fraser

Marijuana licensees in Michigan must adhere to statutory mandates established by the Michigan Regulation and Taxation of Marihuana Act and regulations promulgated by the Michigan Marijuana Regulatory Agency (“MRA”). One such requirement, as discussed in a recent MRA bulletin , is having a properly functioning surveillance system in place 24 hours a day, seven days a week, at all licensee locations.

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Season 2: Episode 2: A Discussion of Gonzales v. Carhart

PBWT

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.