Account Recovery

OCTOBER 20, 2020

MORE AMERICANS ‘STRUGGLING’ TO PAY HEALTHCARE BILLS: SURVEY About 40% of Americans are having trouble managing their medical bills and have had at least one bill sent to collections, according to a survey conducted by U.S. News & World Report this month. The media outlet conducted the survey to see how individuals are managing medical … The post Daily Digest – October 20.

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Nerd Wallet

OCTOBER 20, 2020

Amid the COVID-19 pandemic, with millions of schoolchildren still learning remotely as the weather turns colder, some might benefit from a few investments in their at-home experience. The following items, all under $15, can help make distance learning more appealing to even the youngest learners. 1. New background decorations When your child is on screen.

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Account Recovery

OCTOBER 20, 2020

About 40% of Americans are having trouble managing their medical bills and have had at least one bill sent to collections, according to a survey conducted by U.S. News & World Report this month. The media outlet conducted the survey to see how individuals are managing medical bills during the pandemic, especially as officials are … The post More Americans ‘Struggling’ to Pay Healthcare Bills: Survey appeared first on AccountsRecovery.net.

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Consumer Finance

OCTOBER 20, 2020

The Consumer Financial Protection Bureau issued a final rule to extend the Government-Sponsored Enterprise Patch until the mandatory compliance date of a final rule amending the General Qualified Mortgage loan definition in Regulation Z.

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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.

Account Recovery

OCTOBER 20, 2020

A battle is brewing in the Mile High City between the union representing healthcare workers at hospitals and facilities and one of the nation’s largest hospital chains, with the union accusing the provider of being too “aggressive” with its collection efforts on unpaid medical bills, among other claims. The union — Service Employees International Union … The post Union Goes After Denver Hospitals for ‘Aggressive’ Collection Practices appeared first on Ac

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PBWT

OCTOBER 20, 2020

In an important affirmation of the rights and duties of a creditors’ committee, Bankruptcy Judge David T. Thuma of the United States Bankruptcy Court for the District of New Mexico has confirmed that a bankruptcy court may confer derivative standing on a committee to assert estate claims if a debtor in possession declines to assert them. [1] Prior to filing for bankruptcy in 2018, the Roman Catholic Church of the Archdiocese of Santa Fe reportedly made transfers totaling more than $150 mil

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Nerd Wallet

OCTOBER 20, 2020

Vampires and clowns are scary and all, but the really creepy stuff is embedded in history and lore. I remember visiting historic places as a kid, and if the tour guide mentioned some paranormal activity there, I would have nightmares for days after. Honestly, I haven’t had that good of a scare since then, and. Meghan Coyle is a writer at NerdWallet.

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Burr Forman

OCTOBER 20, 2020

For an October 14, 2020 article by the Society of Human Resource Management (SHRM), Emily Mack offered insights on employment policies related to the employee-caused damage to company property and an employer’s ability to recoup compensation. A policy regarding company property should emphasize that any equipment provided to the employee remains the sole and exclusive property of the company, Mack said.

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Nerd Wallet

OCTOBER 20, 2020

The average cost of homeowners insurance in the U.S. is $1,631 a year, according to NerdWallet’s 2020 analysis. This estimate is based on a policy for a 40-year-old homeowner with: $300,000 in dwelling coverage. $30,000 in other structures coverage. $150,000 in personal property coverage. $60,000 in loss of use coverage. $300,000 in liability coverage.

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Collections

Payment Savvy

OCTOBER 20, 2020

Creating a budget is among the most important tasks new business owners must tackle. A budget can help track your startup needs and expenses against expected income. As a new business owner, it can be overwhelming to plan together as you don’t have any previous information to base your figures on. Today, we will talk about the steps of creating a budget for startups so you can estimate costs correctly from the get-go and stay in the black from the first day.

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Nerd Wallet

OCTOBER 20, 2020

NerdWallet is here to help you win Black Friday while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 27. What are Bath & Body Works’ Black Friday 2020 store hours? Bath & Body Works stores. Hal M. Bundrick, CFP is a writer at NerdWallet.

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Retail 60

Fico Collections

OCTOBER 20, 2020

FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers through its FICO® Benchmark Reporting Service. Our UK Credit Report for August 2020 provides a clear picture of the ongoing impact of COVID-19 on consumer finances. Although early-stage delinquency rates (missed one or two payments) remain below 2019 levels, the uplift seen in July in consumers missing one payment continued in August and has meant a segment of accounts rolling straight into two missed

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Nerd Wallet

OCTOBER 20, 2020

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 27. New laptops and desktops will be high on wish lists for many people who’ve been working. Lauren Schwahn is a writer at NerdWallet.

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Retail 56

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?

Banks

Fico Collections

OCTOBER 20, 2020

The UK is home to the most sophisticated Authorized Push Payment (APP) scams in the world. In 2019, banks’ losses of £456 million nearly equaled the £470 million attributed to card not present (CNP) fraud. Now, in 2020, APP scams are expected to eclipse card fraud, fueled by niche schemes related to the COVID-19 pandemic. FICO has just published my new Q&A on the topic of APP scams , and how a combination of converged fraud and compliance infrastructure, along with advanced authentication measur

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Nerd Wallet

OCTOBER 20, 2020

NerdWallet is here to help you win Black Friday while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 27. Apple announced its latest wearable tech, the Apple Watch Series 6 and Apple Watch SE, in. Lauren Schwahn is a writer at NerdWallet.

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Fico Collections

OCTOBER 20, 2020

The UK is home to the most sophisticated Authorized Push Payment (APP) scams in the world. In 2019, banks’ losses of £456 million nearly equaled the £470 million attributed to card not present (CNP) fraud. Now, in 2020, APP scams are expected to eclipse card fraud, fueled by niche schemes related to the COVID-19 pandemic. FICO has just published my new Q&A on the topic of APP scams , and how a combination of converged fraud and compliance infrastructure, along with advanced authentication measur

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Nerd Wallet

OCTOBER 20, 2020

Grocery spending will soon be getting a lot more rewarding on Chase’s popular Sapphire-branded travel credit cards. Starting Nov. 1, 2020, and running for six months, the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® will earn elevated rewards at supermarkets. It’s just the latest example of a credit card issuer modifying rewards structures on.

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Collections

Fico Collections

OCTOBER 20, 2020

FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers through its FICO® Benchmark Reporting Service. Our UK Credit Report for August 2020 provides a clear picture of the ongoing impact of COVID-19 on consumer finances. Although early-stage delinquency rates (missed one or two payments) remain below 2019 levels, the uplift seen in July in consumers missing one payment continued in August and has meant a segment of accounts rolling straight into two missed

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Lender Banks 40

Nerd Wallet

OCTOBER 20, 2020

New cardholders approved for the Journey® Student Rewards from Capital One® will soon be able to earn a statement credit on qualifying streaming services for their study-session playlists. Starting Oct. 21, 2020, the card will offer: A $60 credit for new cardholders: After the first on-time payment, you’ll will receive a $5 statement credit each month for.

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Debt Collection Answers

OCTOBER 20, 2020

An Arm and a Leg podcast is a must-listen. It's entertaining and informative. A recent episode focused on the Tik Tok Mom who gives advice about dealing with medical debt collectors. And DebtCollectionAnswers.com got a shout out! Take a listen. (Keep in mind you can learn more about your rights dealing with debt collectors here at DebtCollectionAnswers.com.

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Debt collector 40

PDC Flow

OCTOBER 20, 2020

Adapting live conferences to a digital format has created many challenges for events coordinators this year. However, trade organizations – like the California Association of Collectors (CAC) – remain dedicated to providing resources and networking opportunities for members, just as in years past. During one session, Amanda Griffith , partner with Berman, Berman, Berman, Scheinder & Lowary, LLP , discussed debt collection compliance topics like call baiters, and how to avoid the “ compliance

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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.