Fri.Mar 18, 2022

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Credit Reporting Agencies Announce Changes to Medical Debt Credit Reporting

Account Recovery

The three major credit reporting agencies announced today that they are making changes to how medical debts are reported, leading to the removal of nearly 70% of medical debt tradlines from consumers’ credit reports. Starting July 1, any paid medical collection debt will no longer appear on a consumer’s credit report. As well, the credit … The post Credit Reporting Agencies Announce Changes to Medical Debt Credit Reporting appeared first on AccountsRecovery.net.

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3 Steps to Breaking Unhealthy Financial Habits

Nerd Wallet

Some bad habits affect our physical health, like smoking, nail biting or eating too much junk food. But others take a toll on our financial health. How do you know if you have unhealthy financial habits, and what can you do to build better ones? Take these three steps. 1. Dig into your relationship with. Lauren Schwahn writes for NerdWallet. Email: lschwahn@nerdwallet.com.

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Bill Banning Arbitration Clauses Passes House

Account Recovery

A bill that would ban forced arbitration clauses in employment, consumer, civil rights, and antitrust cases passed the House of Representatives yesterday and is now headed to the Senate for its consideration. The bill, H.R. 963, the Forced Arbitration Injustice Repeal Act of 2022, or FAIR Act, passed by a vote of 222-209. This is … The post Bill Banning Arbitration Clauses Passes House appeared first on AccountsRecovery.net.

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FICO Response to the War in Ukraine

Fico Collections

As a result of the attack on Ukraine, FICO is exiting all work in Russia. Consistent with directives by governments around the world, we are actively unwinding our business relationships in Russia and will not be pursuing new business in Russia. To support the humanitarian efforts underway, the FICO Cares team in EMEA has made a donation to the British Red Cross and FICO is making a donation to the American Red Cross.

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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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Another $400 in Free College Aid Could Be Coming Your Way

Nerd Wallet

College students could see their Pell Grant award go up by as much as $400 for the coming academic year, thanks to the federal spending bill signed into law March 15. Congress raised the annual Pell Grant limit to $6,895 for the 2022-23 academic year as a part of the 2022 federal budget. That’s the. Colin Beresford writes for NerdWallet. Email: cberesford@nerdwallet.com.

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Coinbase vs. Coinbase Pro: Which Is Right for You?

Nerd Wallet

Users signing up for Coinbase have for years had to choose whether to create an account using the cryptocurrency platform’s basic service or its more advanced “Coinbase Pro” service. While both are free to sign up, there are some key differences: The basic offering has a simpler interface that might appeal to beginners, while the. Andy Rosen writes for NerdWallet.

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Consumer Financial Webinar Series: CFPB Massively Expands Enforcement of Anti-Discrimination Through UDAAP

Troutman Sanders

Register Here Wednesday, March 23 • 2:30 – 3:30 p.m. ET. On March 16, the Consumer Financial Protection Bureau unveiled an enormous change to its fair lending philosophy that will have major ramifications for financial services providers of all types. Please join us for a webinar where we will examine this announcement, its enormous practical impacts, and what the Bureau’s new position means for the financial services industry.

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How to Become an Airline Pilot

Nerd Wallet

Airline pilots fly and navigate commercial airplanes and helicopters. Openings for airline pilots are expected to grow faster than average through 2030, according to the Bureau of Labor Statistics. To become an airline pilot, you’ll typically need a bachelor’s degree, flight training, experience as a commercial or military pilot, and specific certificates and ratings from.

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Risk-reducing measures to boost timely payments in a post-pandemic world

On Guard

Reducing risk in the order-to-cash process. When the coronavirus pandemic began, the initial response from CEOs and CFOs was one all about survival. The focus was on freeing up cash and resources just to stay in business. The consequent liquidity crisis caused huge disruption to economic activities with many businesses rushing towards cash just to keep operating.

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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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Best Medicare Advantage Plans in Massachusetts

Nerd Wallet

More than 1.3 million people in Massachusetts are signed up for Medicare, placing it in the top half of U.S. states for Medicare beneficiaries. Medicare is the government health care program for people age 65 and older. Medicare Advantage is a bundled alternative to Medicare that offers all the same benefits and usually some extras, Kate Ashford writes for NerdWallet.

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Upcoming symposium: Consumer Protection in the Online Ecosystem

Public Citizen

Loyola Consumer Law Review is holding a symposium titled: Consumer Protection in the Online Ecosystem. *Friday, April 1, 2022, 9:00 a.m. – 2:30 p.m. (CT), Via Zoom. Here is announcement: Please join Loyola University Chicago School of Law’s Consumer Law Review for its annual symposium on April 1, 2022. This year’s symposium will focus on Consumer Protection in the Online Ecosystem.

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Best Medicare Advantage Plans in Arizona

Nerd Wallet

Nearly 1.4 million people in Arizona are signed up for Medicare, placing it in the top half of U.S. states for Medicare beneficiaries. Medicare is the government health care program for people age 65 and older. Medicare Advantage is a bundled alternative to Medicare that offers all the same benefits and usually some extras, such. Kate Ashford writes for NerdWallet.

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Texts Regarding COVID Vaccine Eligibility Are Not Actionable Under TCPA, Texas Northern District Holds

TCPA

The U.S.

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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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14 Mortgage Lenders Serving Black Communities

Nerd Wallet

Banks and credit unions that have Black leadership — based on how their executives or board members identify — tend to serve communities that are majority Black. They also make more home loans to Black borrowers, according to data from the Federal Deposit Insurance Corp. Because these institutions tend to be smaller and community-focused, to. Kate Wood writes for NerdWallet.

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Texts Regarding COVID Vaccine Eligibility Are Not Actionable Under TCPA, Texas Northern District Holds

TCPA

The U.S.

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5 Hotel Programs That Allow Elite Status Gifting

Nerd Wallet

Hotel elite status can score you sweet perks like room upgrades, free breakfast and late checkout. Generally, hotels only grant these elite status benefits to elite status members and anyone staying with them. However, you may want to gift elite perks to a friend or family member to help them make the most of a. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.

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The Cost of Being Unbanked: Hundreds of Dollars a Year, Always One Step Behind

Nerd Wallet

Banks may cause their fair share of headaches, but not having access to one is even worse for your financial health. Without access to a financial institution that offers basic services such as free check cashing and loans with reasonable interest rates, unbanked consumers rely on expensive alternative financial-service providers to cash checks and take.

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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 Save Money Flying on American Airlines

Nerd Wallet

If you’re planning to fly with American Airlines soon, you may be wondering how to save some money. Airfare costs can take up a significant portion of your travel budget, but with the right strategy, you can lessen the cost of your next flight. Here are 10 ways to save money flying on American Airlines. Natasha Gabrielle writes for NerdWallet. Email: travel@nerdwallet.com.

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