Account Recovery

APRIL 20, 2022

ED. DEPT. MAKES CHANGES, MOVES 4M BORROWERS CLOSER TO DEBT FORGIVENESS The Department of Education yesterday announced a series of changes to “bring borrowers closer” to having their loans forgiven under a pair of programs, which also resulted in the immediate cancellation of student loan debts for 40,000 individuals. An additional 3.6 million individuals will … The post Daily Digest – April 20.

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Student loans Student Loans Education Loans 246

American Profit Recovery

APRIL 20, 2022

April is Financial Literacy Month and if you are a consumer that is struggling to meet your financial obligations, this is a chance for you to educate yourself on ways you can improve your financial health. There are so many ways available to consumers to get back on track and not be in debt anymore. It just takes a little commitment on your part and a willingness to free yourself from the burden of debt.

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Debt collector Collection Agencies Collections Agency Education 201

Account Recovery

APRIL 20, 2022

The Department of Education yesterday announced a series of changes to “bring borrowers closer” to having their loans forgiven under a pair of programs, which also resulted in the immediate cancellation of student loan debts for 40,000 individuals. An additional 3.6 million individuals will receive at least three years of additional credit toward having their … The post Ed.

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Student loans Student Loans Education Loans 246

Consumer Finance

APRIL 20, 2022

The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James today announced they are filing a lawsuit against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc. (MoneyGram)—one of the largest remittance providers in the U.S.—for systemically and repeatedly violating various consumer financial protection laws and leaving families high and dry.

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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

APRIL 20, 2022

The Consumer Financial Protection Bureau yesterday released a report spotlighting the financial challenges facing individuals living in rural communities, representing about 14% of the total population of the United States, are far more likely to conduct their banking in person than they are over the phone or online even though people living in rural communities … The post CFPB Report Spotlights Issues for Rural Communities appeared first on AccountsRecovery.net.

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Banks 245

Account Recovery

APRIL 20, 2022

The Supreme Court of California has declined a request to hear arguments in a case that halted a bail bonds company from attempting to collect on $38 million in unpaid debt because individuals were not provided the proper disclosures in advance. The Supreme Court did not provide a reason why it declined to hear arguments … The post Calif. Supreme Court Declines to Overturn Injunction Barring Bail Bonds Company From Collecting on $38M appeared first on AccountsRecovery.net.

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Collections 243

Nerd Wallet

APRIL 20, 2022

Maybe you have experienced your own horror story at an Airbnb rental. Maybe you are sick of the high cleaning fees and poor cancellation policies. Maybe you’re comparison shopping for an upcoming trip. Whatever the reason, it’s worth considering other vacation rental platforms beyond the biggest one in the industry. Airbnb is truly a behemoth. Sam Kemmis writes for NerdWallet.

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Account Recovery

APRIL 20, 2022

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 25 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections 242

Nerd Wallet

APRIL 20, 2022

Every week, it seems like another airline or hotel is touting buying points or miles. We’ve recently seen promotions from a 45% discount on buying United Airlines MileagePlus miles to a whopping 145% bonus when purchasing Avianca Airlines LifeMiles. But is buying frequent flyer miles a good deal? That depends on a number of factors. JT Genter writes for NerdWallet.

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Collections

Prosperity Now

APRIL 20, 2022

Each of us, whatever our race and economic background, should be able to control our financial lives.

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Nerd Wallet

APRIL 20, 2022

The credit card company Ollo offers two card options for consumers — one designed as a credit-building product and one that earns rewards. The Ollo Platinum Mastercard ($0 annual fee). The Ollo Rewards Mastercard ($0 to $39 annual fee). The cards, issued by the Bank of Missouri, are invitation-only as of this writing, meaning that. Funto Omojola writes for NerdWallet.

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Banks 78

Better Credit Blog

APRIL 20, 2022

For most of us, working hard to achieve and maintain a good credit score is an inescapable part of modern life. Checking the credit reports of potential employees (with their permission) is an established practice for businesses. In a survey conducted in 2012, 1 in 7 respondents said they’d been denied a job because of a blemished credit history. Additionally, 1 in 8 respondents said that their poor credit score was due to “errors” in their report.

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Debt Consolidation Creditors Consolidate Debt Loans 67

Nerd Wallet

APRIL 20, 2022

Frequently asked questions What is homeowners insurance? A homeowners policy is insurance that protects you financially if a fire damages your home, someone steals your belongings or another catastrophe strikes. Homeowners insurance is generally required by mortgage lenders. What does homeowners insurance cover? Homeowners insurance typically covers your house and everything in it from damage.

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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

UK debt collections

APRIL 20, 2022

Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies. The first Debt Collection quotes site in the UK was launched in 2013. Best4debtcollection.co.uk (Best4) was launched to marry creditors with suitable debt collection agencies. Since its launch nearly 10 years ago, Best4 has helped thousands of Businesses and personal individuals recover what they are owed.

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Collection Agencies Collections Agency Collections Debt Recovery 64

Nerd Wallet

APRIL 20, 2022

Discover has launched an Online Privacy Protection benefit for debit and credit cardholders that will help remove their personal information from several “people-search” websites that legally gather and sell it. The benefit will be rolling out in stages over the next few weeks to customers who enable it in Discover’s mobile app. » MORE: NerdWallet’s.

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Collections 75

Consumer Finance

APRIL 20, 2022

Millions of individuals from around the world sacrifice proximity to their loved ones to seek a better life and financial stability in our country. But they know that on the other side, when their money transfers are received, they are supporting elderly parents, siblings, spouses, and sometimes their own young children. Each year, American families send more than $100 billion abroad using international money transfers, also known as remittances.

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Nerd Wallet

APRIL 20, 2022

After two years of cancellations, deferments and marathon sessions with airline customer service, many travelers are hoping to book summer trips that actually pan out this year. “I had the month of May 2020 completely off work,” says Katharine Ng, an engineering program manager in Los Angeles. Ng planned to visit Europe and Morocco but. Sam Kemmis writes for NerdWallet.

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Collections

Troutman Sanders

APRIL 20, 2022

On April 18, the Consumer Financial Protection Bureau (CFPB or Bureau) published a blog post , scrutinizing the practice of withholding transcripts from students with delinquent accounts and who are attending an institute of higher education. The practice of withholding transcripts as a collections tactic has never been popular with regulators or consumer advocates.

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Education Lender Student loans Student Loans 52

Public Citizen

APRIL 20, 2022

Here. The first episode features a conversation with Abbye Atkinson, professor at Berkeley Law, about her article, Borrowing Equality, published in the Columbia Law Review, and the relationship among credit, debt, social relationships, inequality, and what should be done to pave the way for a better world for borrowers. The podcast will broadcast conversations with consumer scholars and practitioners about their work and the latest consumer and economic justice issues.

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Troutman Sanders

APRIL 20, 2022

On April 5, the Securities and Exchange Commission (SEC) announced that two employees improperly accessed adjudicatory materials for cases being litigated in the agency’s in-house court system. The access occurred in 2017, and the SEC stated the breach “did not impact the actions taken by the staff investigating and prosecuting the cases or the commission’s decision-making in the matters.”.

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Government 52

Consumer Finance

APRIL 20, 2022

?????????CFPB????????Letitia James?????????????????????MoneyGram International, Inc.?MoneyGram Payment Systems, Inc.?????????MoneyGram????????????????????????????????????????????????????????????????????????????.

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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.

Fraser

APRIL 20, 2022

The Detroit City Council recently voted to allow adult-use cannabis sales in the city, following a preliminary injunction issued by U.S. District Judge Bernard Friedman in June 2021 that halted Detroit’s controversial recreational marijuana licensing program indefinitely. On April 5, 2022, the Detroit City Council members voted to approve the revised ordinance that will go into effect beginning April 20, 2022.

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Consumer Finance

APRIL 20, 2022

La Oficina de Protección Financiera del Consumidor (CFPB, por sus siglas en inglés) y la Fiscal General de Nueva York, Letitia James, anunciaron hoy que presentarán una demanda contra MoneyGram International, Inc. y MoneyGram Payment Systems, Inc. (MoneyGram), uno de los mayores proveedores de remesas en los EE. UU., por violar sistemática y repetidamente varias leyes de protección financiera del consumidor y dejar a familias varadas.

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NACM

APRIL 20, 2022

The U.S. dollar has remained the world's reserve currency since 1944 and is used in roughly half of all financial transactions, according to Kellogg Insight. But the dollar's status in global trade may be in jeopardy as countries begin diversifying their reserves with alternative currencies as a form of economic protection. "We might see an erosion.

Trade 5

Trade 5