Account Recovery

OCTOBER 1, 2020

GETTING TO KNOW KATIE ZUGSAY OF FINEXUS INSURANCE AGENCY Kudos to Katie Zugsay not just for having the ambition and fortitude to strike out on her own, but to do so during a global pandemic. Zugsay recently launched Finexus Insurance Agency, merging her experience in insurance and collections to now help agencies across the country. … The post Daily Digest – October 1.

Collections 246

Collections 246

Jimerson Firm

OCTOBER 1, 2020

On September 18, 2020, Florida Governor Ron DeSantis signed House Bill 101, an act relating to public construction , into law. This new law amends Section 218.735, Florida Statutes (the “Local Government Prompt Payment Act”) and Section 255.078, Florida Statutes (the “Florida Prompt Payment Act”), by reducing the maximum retainage rate on a government construction projects in Florida from 10% for the first half of a project, and 5% for the remainder, to a flat 5% throughout the life of the proje

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Construction Government Law Firms Trade 98

Account Recovery

OCTOBER 1, 2020

A new rule in New York City requiring collection agencies let individuals know if they offer translation or services in languages other than English that went into effect in June will start being enforced today by the city’s Department of Consumer and Worker Protection. Collection agencies that collect from individuals living in New York City … The post NYC DCWP Releases Debt Glossary As Enforcement of New Rule Starts Today appeared first on AccountsRecovery.net.

Collection Agencies 246

Collection Agencies Collections Agency Collections 246

Nerd Wallet

OCTOBER 1, 2020

Interest in sustainable investing is soaring, as more people become convinced that making a positive impact can be profitable as well as good for the planet and society. Unfortunately, the Labor Department doesn’t think these investments belong in your 401(k). In June, the federal regulator proposed a rule that would restrict workplace retirement plans from.

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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 1, 2020

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Katie Zugsay of Finexus Insurance Agency appeared first on AccountsRecovery.net.

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Account Recovery

OCTOBER 1, 2020

The Court of Appeals for the Eleventh Circuit has upheld the dismissal of a Fair Debt Collection Practices Act lawsuit that a lower court deemed was time-barred by the law’s one-year statute of limitations, striking down the plaintiff’s argument that a state law in Georgia should have allowed the case to continue. A copy of … The post Appeals Court Affirms Dismissal of FDCPA Suit Over SOL appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 147

Nerd Wallet

OCTOBER 1, 2020

Today’s best rates for savings accounts and certificates of deposit are a far cry from last year’s rates of 2%. And rates across most banks will likely keep dropping. “It will be increasingly uncommon to find institutions that are willing to pay 1%” on a savings account, says Mike Schenk, chief economist for the Credit. Spencer Tierney is a writer at NerdWallet.

Banks 77

Banks 77

Account Recovery

OCTOBER 1, 2020

The Attorney General of New Mexico announced yesterday his office has filed three lawsuits against debt collection companies, accusing them of making misrepresentations about debts, engaging in abusive practices, and forcing individuals to make payments on non-existent debts The lawsuits, filed against LVNV Funding, Central Mediation Services,and Capio Partners, LLC, was announced as part of Operation … The post N.M.

Collection Agencies 147

Collection Agencies Collections Agency Collections Collection Companies 147

Nerd Wallet

OCTOBER 1, 2020

Some hotel credit cards come with one free award night per year — maybe two if you reach the required annual spending threshold. The Marriott Bonvoy Boundless™ Credit Card blows the other hotel credit cards out of the water with its new welcome offer: Earn 5 Free Nights after spending $5,000 on purchases in the. Meghan Coyle is a writer at NerdWallet.

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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.

Collections

Account Recovery

OCTOBER 1, 2020

On Monday September 29, 2020, the Federal Trade Commission (FTC) along with State and Federal Law Enforcement Partners announced, Operation Corrupt Collector, a nationwide law enforcement and outreach initiative to protect consumers from phantom debt collection and abusive and threatening debt collection practices. This crackdown encompasses more than 50 enforcement actions against debt collectors brought … The post RMAI Commends National Crackdown on the Collection of Phantom, Unsubstanti

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Collections Debt collector Trade 147

Nerd Wallet

OCTOBER 1, 2020

PODS is a moving container company providing local, regional and international services. Unlike many similar companies, it delivers storage units to keep on your property or at PODS facilities. It also offers instant online quotes for local moves. PODS serves 46 states, Canada, the United Kingdom and Australia. It isn’t available in Alaska, Montana, North.

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TCPA

OCTOBER 1, 2020

On September 21, the FCC’s Consumer and Governmental Affairs Bureau issued a declaratory ruling clarifying that businesses advertised via fax should not face “sender liability” for unsolicited faxes sent without prior authorization.

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Nerd Wallet

OCTOBER 1, 2020

Chase has launched a new attempt at a United Airlines no-annual-fee credit card, the United Gateway? Card. The new offering will replace the United? TravelBank Card, a no-fee card that was grounded not so long after takeoff when Chase closed it to new applications after just three years. A main difference between the cards is. Gregory Karp is a writer at NerdWallet.

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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

JMA

OCTOBER 1, 2020

Selling a business isn’t as cut and dried as one might think. There are issues or factors to consider if you are thinking of buying someone else’s business or if your client has decided to let go of his. Let’s focus on debt. What happens to it when you buy a business that has debt, Read more » The post Selling a Business: What Happens to Its Debt?

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Nerd Wallet

OCTOBER 1, 2020

An influx of college financial aid applications this year means that money could run out for students who don’t file early. Due to financial strain caused by COVID-19, nearly 40% of families that didn’t previously plan to apply for federal financial aid now expect to do so, according to a recently released survey from Discover. Cecilia Clark is a writer at NerdWallet.

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Student loans Student Loans Loans 67

Micro Bilt

OCTOBER 1, 2020

Alternative consumer credit data offers information about consumers, specifically credit applicants, that does not appear on traditional credit reports.

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Consumer Credit Lender 52

Nerd Wallet

OCTOBER 1, 2020

If you’re a travel enthusiast (or just itching to get back into the swing of things) then you’ve probably come across the Citi Prestige® Card. It’s laden with travel benefits, many of them well-known. But if you want a good idea of whether the Citi Prestige® Card, with its $495 annual fee, makes sense for. Rachel Morgan Cautero is a writer at NerdWallet.

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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.

Collections

JMA

OCTOBER 1, 2020

Here’s an interesting fact for you: every single day that passes by without your client paying an overdue invoice, the chances of them ever paying you back diminishes. It can become increasingly bothersome to always have to chase after clients with unpaid dues. There are red flags to help you decide what you should do. Read more » The post Red Flags to Watch Out For When a Customer Can’t Pay Off Debt appeared first on JMA Credit Control.

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Nerd Wallet

OCTOBER 1, 2020

The branded credit cards for the IHG family of hotels are elevating their sign-up bonuses, allowing new applicants to earn more points if they spend enough in the first three months. In addition, the annual-fee version of the card is waiving the fee in the first year. As of Oct. 1, 2020, applicants will be. Funto Omojola is a writer at NerdWallet. Email: fomojola@nerdwallet.com.

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Nerd Wallet

OCTOBER 1, 2020

The Marriott Bonvoy Boundless™ Credit Card is rethinking its sign-up bonus: Instead of points, you can now earn free nights by reaching a spending minimum. New cardmembers can earn five free nights after spending $5,000 on purchases in the first three months from account opening. The free nights are valued at up to 50,000 points each, Sara Rathner is a writer at NerdWallet.

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Nerd Wallet

OCTOBER 1, 2020

Chase and United have teamed up again to launch a brand new no-fee travel rewards card: The United Gateway Card. This new credit card launches Oct. 1 and comes with a suite of benefits for travelers and United Airlines customers. Here’s how to get the most from the new United Gateway Card. Hit the minimum. Alisha McDarris is a writer at NerdWallet. Email: travel@nerdwallet.com.

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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.