Account Recovery

MAY 27, 2021

GETTING TO KNOW BOBBIE BLUE OF RENKIM It’s always nice to see someone have the self-confidence to be able to point to someone else and say, “I wouldn’t be here if not for him/her.” Bobbie Blue is humble enough to give credit where it is due, and that is a large reason why he has … The post Daily Digest – May 27. Getting to Know Bobbie Blue; Defunct Agency Fined $500k appeared first on AccountsRecovery.net.

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Nerd Wallet

MAY 27, 2021

Skipping a couple of credit card payments in a row could not only hurt your credit rating and cost you late fees, but it could also cost you more in interest because of a penalty APR — a sky-high rate slapped on the credit card balance. Some credit cards don’t charge penalty APRs, but many. Gregory Karp writes for NerdWallet. Email: gkarp@nerdwallet.com.

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Account Recovery

MAY 27, 2021

The Connecticut Department of Banking is not happy with a debt collector that filed for bankruptcy protection without making the proper notifications, among other alleged violations, and has issued a $500,000 fine, revoked its license, and ordered it to cease and desist from violating state law, although many of the penalties are likely to be … The post Defunct Agency DCI Fined $500k By Connecticut Regulator appeared first on AccountsRecovery.net.

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Debt collector Bankruptcy Banks 238

Nerd Wallet

MAY 27, 2021

It’s been a few decades since Starbucks emerged from Seattle to take over the world and made a coffee shop on every corner the norm. As a result, the way Americans drink coffee has changed drastically. This has also created a window for entrepreneurs looking to start a business. While the big coffee chains have. Vivian Giang writes for NerdWallet. Email: wpguestuser+vgiang@nerdwallet.com.

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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

MAY 27, 2021

Ignoring a precedent that had been set by another Appeals Court and overturning a ruling that was issued by a District Court judge, the Fifth Circuit Court of Appeals yesterday ruled that the receipt of a single text message is enough to confer standing for a plaintiff to sue under the Telephone Consumer Protection Act, … The post Fifth Circuit Rules Single, Unwanted Text Message Enough to Confer Standing to Sue appeared first on AccountsRecovery.net.

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Account Recovery

MAY 27, 2021

A District Court judge in Florida has granted one defendant’s motion to dismiss and another defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case because the plaintiff lacked standing, ruling that the plaintiff should have known the collection letter in question was not misleading because he waited a year … The post SDFL Judge Dismisses FDCPA Case Over Use of Word ‘Enforce’ in Letter appeared first on AccountsRecovery.net.

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Nerd Wallet

MAY 27, 2021

A proper comparison of Coinbase and Robinhood depends on what service you’re looking for. Robinhood follows the playbook of a traditional stockbroker. Through the app, you can buy stocks and exchange-traded funds on the stock market, but it also has a limited menu of cryptocurrencies. Coinbase, on the other hand, only offers cryptocurrencies (no stocks.

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Trade 93

Account Recovery

MAY 27, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Bobbie Blue of R

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Accounts Receivables Management 147

Nerd Wallet

MAY 27, 2021

After more than a year of navigating lockdowns, mandates and COVID-19 protocols, small-business owners are starting to see a light at the end of the tunnel. But the debt many needed to take on to weather the pandemic still casts an ominous shadow. In 2020, 79% of small employer firms (up to 499 employees) reported. Kelsey Sheehy writes for NerdWallet.

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Collections

Fraser

MAY 27, 2021

On May 18, 2021, the Michigan House Regulatory Reform Committee unanimously approved a package of bills, including House Bill 4517 , requiring hemp-derived delta-8 tetrahydrocannabinol (“THC”) to be regulated by the Michigan Marijuana Regulatory Agency (“MMRA”). Delta-8 THC is a cannabis compound that has gained in popularity because of its similarity to delta-9 THC prevalent in marijuana plants.

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Manufacturing 74

Nerd Wallet

MAY 27, 2021

When you’re writing your business plan, you’ll need an accurate estimate of what it will cost for you to start your business so you can decide how to manage your funding and expenses. Accurately estimating your startup costs can be tricky, but this guide will help you understand your initial costs and how you can. Meredith Wood writes for NerdWallet.

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Startups 91

Fraser

MAY 27, 2021

The IRS has recently issued 86 questions and answers regarding the COBRA premium assistance requirements under the American Rescue Plan Act of 2021 (“ARPA”). See IRS Notice 2021-31. As explained in previous Client Alerts, the ARPA requires that employers provide 100% COBRA subsidies to certain assistance eligible individuals from April 1, 2021 through September 30, 2021.

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Lawyers Construction 66

Nerd Wallet

MAY 27, 2021

This Memorial Day feels like a real milestone, and not just because it’s the unofficial start of summer. Coronavirus cases are dropping, more Americans are vaccinated and many people will no doubt use this three-day weekend to ease themselves back into travel. In fact, Memorial Day travel trends are a good indicator of what travel. Meghan Coyle writes for 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

Fico Collections

MAY 27, 2021

It’s been more than a year since the pandemic began, and we still live in a world of uncertainty, ever-evolving consumer expectations, and a recovering economy. Consumer behaviors have changed a lot, and many companies are still looking to understand how to provide the best experience to their customers despite the various challenges posed by Covid-19.

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Nerd Wallet

MAY 27, 2021

The vast majority of business credit cards require a personal guarantee. This guarantee means that creditors can recoup any outstanding debt on your business’s card through your personal finances, which can be a hard idea to swallow. You may be wondering if it’s possible to get a business credit card without providing a personal guarantee. There are.

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Creditors 85

Debt Guru

MAY 27, 2021

So, you recently got your first credit card. Sure, you read the fine print before signing up, but you probably still have questions about how to successfully navigate this brave new world. And there are likely a few gray areas your lender didn’t fully disclose. Here, we’ll investigate just a few of the potential surprises, so you can avoid making financial missteps with your new credit card.

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Accrued Interest Lender Debt Management Banks 52

Nerd Wallet

MAY 27, 2021

American Airlines and JetBlue’s new “Northeast Alliance” is starting to kick in and benefit the two airlines’ loyalty program members. Since the agreement was announced last year, the two airlines launched a new code-share partnership and promised that more is in the works — including possible changes to earning and redeeming miles, plus elite benefits.

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Collections

JMA

MAY 27, 2021

No matter how good you think you are in managing your business, there will come a time when you will come across a client who can’t or won’t pay for your services or goods delivered. You should know where you stand and what your legal obligations are when you want to take this a step. Read more » The post What To Do When Client Fails To Pay appeared first on JMA Credit Control.

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Nerd Wallet

MAY 27, 2021

Long pandemic lockdowns forced many older adults to become comfortable with video calls to stay connected with family. That in turn means that long-distance caregivers have a better way to see how their loved ones are faring. “You can’t tell on the phone that they’re wearing the same clothes every day, or they’re not bathing. Liz Weston writes for NerdWallet.

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Direct Recovery

MAY 27, 2021

It has been a wild and crazy year for sure, and one of the craziest things we have seen is the United States government handing out stimulus checks on multiple occasions to just about everyone across the entire country. Most people seem to be spending that extra money as fast as they possibly can. Some are doing the right thing and saving it for a rainy day.

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Nerd Wallet

MAY 27, 2021

In time for summer vacations, Chase has increased the sign-up bonus for its Southwest Airlines consumer credit cards. Beginning May 27, 2021, new cardholders with the Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card or Southwest Rapid Rewards® Priority Credit Card will be eligible to earn 65,000 bonus points after spending.

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Consumer Credit 61

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.

Burr Forman

MAY 27, 2021

April Mason, the newly appointed Birmingham office managing partner, discussed her new role, plans and goals in the May 20, 2021 issue of the Birmingham Business Journal. In addition to continuing her legal practice with the firm’s Corporate and Tax Practice Group, Mason outlined several items on her to-do list in the new position, including attracting diverse talent and growing the firm’s community involvement.

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Nerd Wallet

MAY 27, 2021

Heading out for a much-needed vacation this summer? One of the two IHG co-branded credit cards has a bigger limited-time bonus offer that might appeal to loyalists of the hotel brand. As of May 27, 2021, the IHG® Rewards Club Premier Credit Card is increasing its sign-up bonus for new cardholders. Additionally, the card’s annual. Funto Omojola writes for NerdWallet.

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Fico Collections

MAY 27, 2021

FICO will present key insights gained from recent FICO® Resilience Index research and early lender adoption use cases across the consumer credit lifecycle at several key industry events starting later this month. FICO will also preview FICO® Resilience Index 2, the latest advance in FICO’s groundbreaking product, with more precise insight about a borrower’s resilience to future economic disruption and expanded use cases including bankcard account origination.

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Lender Consumer Credit Financial services 52

Nerd Wallet

MAY 27, 2021

Franchise eateries are one of the most ubiquitous types of businesses in the United States. Go to almost any town in the country and you’re likely to find a McDonald’s, Dunkin’, Domino’s, or some other familiar establishment. Of the nearly 661,000 restaurants in the United States, roughly 308,000 of them are considered franchises (46%), according to.

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Credit Unions