Account Recovery

NOVEMBER 4, 2020

The North Carolina Court of Appeals has affirmed a pair of lower court decisions that denied a defendant’s motion to compel arbitration after it was sued for allegedly violating a state law during the process of suing individuals with unpaid debts. A copy of the ruling in the case of Pounds et al v. Portfolio … The post State Court Affirms Denial of Arbitration Because Loan Sale Agreement Was Not Specific Enough appeared first on AccountsRecovery.net.

Loans 246

Loans 246

Nerd Wallet

NOVEMBER 4, 2020

Buying a home is the biggest purchase many people will ever make. Out of the millions of homes up for sale each year, how do you choose the right one? Your lifestyle and future plans will play a big role in what you look for when buying a house. Here are some general guidelines to help. Linda Bell is a writer at NerdWallet. Email: lbell@nerdwallet.com.

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Account Recovery

NOVEMBER 4, 2020

STATE COURT AFFIRMS DENIAL OF ARBITRATION BECAUSE LOAN SALE AGREEMENT WAS NOT SPECIFIC ENOUGH The North Carolina Court of Appeals has affirmed a pair of lower court decisions that denied a defendant’s motion to compel arbitration after it was sued for allegedly violating a state law during the process of suing individuals with unpaid debts. … The post Daily Digest – November 4.

Loans 237

Loans 237

Collect More

NOVEMBER 4, 2020

Everyone has dealt with an Arrogant Angus I am sure. Full of themselves, not short on confidence and always on the phone, they can be a nightmare to get money out of. Characteristics: – Massive ego. – Refers to themselves as a “disruptive entrepreneur” on their Linkedin profile. – Screens calls. – When they do answer the phone, it is with their full name only. – Says they will “get my accounts team to look into it” when you know for a fact it

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Debtor Collections 100

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

NOVEMBER 4, 2020

Forgetting to pull the plug on the access credentials of an employee who had been terminated is going to cost the city of New Haven, Conn., $202,400, after it was fined by the Department of Health & Human Services’ Office of Civil Rights for allowing a data breach that compromised the protected health information of … The post HHS Fines City $202k For Allowing Ex-Employee to Download PHI appeared first on AccountsRecovery.net.

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Healthcare 195

Prosperity Now

NOVEMBER 4, 2020

Savings can be many things: insurance against the unforeseen, a building block that enables mobility through avenues like education and

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Education 76

Nerd Wallet

NOVEMBER 4, 2020

The United? Business Card from Chase is a co-branded airline card designed for United Airlines flyers who are also small-business owners. The free baggage benefits help you save money on United flights, and miles earned by charging purchases to the card will get you award flights not just with United, but also on partners within. Anya Kartashova is a writer at NerdWallet.

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Consumer Finance

NOVEMBER 4, 2020

The Consumer Financial Protection Bureau today filed a lawsuit against Driver Loan, LLC, and its Chief Executive Officer, Angelo Jose Sarjeant, for allegedly engaging in deceptive acts or practices in taking deposits from and offering credit to consumers.

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Loans 66

Nerd Wallet

NOVEMBER 4, 2020

Air travel costs come in two parts: the face value of the ticket, and the many fees that airlines attach after the fact. Sometimes these fees can cost more than the fare itself. This isn’t a mistake: Airlines are vying for the lowest price in travel searches, hoping to make up the cost in hidden. Sam Kemmis is a writer at NerdWallet. Email: skemmis@nerdwallet.com.

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Collections

Consumer Finance

NOVEMBER 4, 2020

The Consumer Financial Protection Bureau granted a no-action letter to Bank of America, N.A. regarding certain small-dollar credit products.

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Loans Banks 71

Nerd Wallet

NOVEMBER 4, 2020

There are seemingly countless remote job opportunities. Yet, people gravitate toward certain ones more than others. Among them: virtual assistant. Virtual assistant is one of the most common work-from-home jobs posted on FlexJobs, a job-search database for remote and flexible positions. But what exactly does a virtual assistant do, and what makes it so popular?

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Troutman Sanders

NOVEMBER 4, 2020

Register. November 11, 2020. 2:00pm ET. Experienced Troutman Pepper attorneys, David Anthony , Cindy Hanson , Alan Wingfield , and Tim St. George , will take a close look at the nitty-gritty of the practical side of credit reporting during the COVID-19 pandemic and economic downturn. We will cover guidance from the Consumer Data Industry Association and very recent new guidance from the Consumer Financial Protection Bureau on the requirements of the CARES Act.

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Financial services Consumer Credit Bankruptcy Collections 52

Nerd Wallet

NOVEMBER 4, 2020

Few people expect to be the target of a lawsuit, but if it ever happens to you, it could cost you dearly. The median award for personal injury lawsuits was $100,000 in 2018, the most recent year for which data is available, according to the Insurance Information Institute. If you’d have a hard time paying. Sarah Schlichter 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

Better Credit Blog

NOVEMBER 4, 2020

Your credit score has more of an impact on your life than you might realize, often acting as the deciding factor when you want to buy a house, purchase a car with financing, or get a student loan. And unfortunately, something as simple as forgetting to pay a single bill can hurt your credit for years if it reaches the collections stage. If Resurgent Capital Services is on your credit report as a collections entry, it’s important to get them deleted, ASAP.

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Debt collector Third-party Debt Collectors Collection Agencies Collections Agency 67

Nerd Wallet

NOVEMBER 4, 2020

Apple Pay and Apple Cash are digital services from Apple designed to streamline paying bills and sending money to friends and family. The services are integrated into the Messages app. You can send and receive money as you would a text message, with no additional downloads necessary beyond the operating system. These services are available. Tony Armstrong is a writer at NerdWallet.

Banks 61

Banks 61

Better Credit Blog

NOVEMBER 4, 2020

Have you noticed a new account on your credit report listed as CBNA? It is probably because you have recently applied for a new credit card. CBNA is an account that indicates a hard inquiry into your credit history. If you applied for a credit card, you don’t have to worry about a CBNA account on your credit report. If you didn’t apply for a credit card, you may have something more serious to worry about.

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Credit Bureau Banks Trade Collection Agencies 52

Nerd Wallet

NOVEMBER 4, 2020

The amount medical students borrow to pay for school has risen more than 17% since 2012, according to a new report from the Association of American Medical Colleges. But those increases have slowed in recent years. Members of the class of 2019 owed a median medical school debt of $200,000, including undergraduate loans. That number. Ryan Lane is a writer at NerdWallet.

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Loans Student loans Student Loans 60

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Collections

Nexa Collect

NOVEMBER 4, 2020

Risk is an unavoidable part of life. Uncertainty shrouds every action, threatening even the best-laid plans. Risk management practices help businesses predict and quantify dangers as precisely as possible to avoid them or minimize their impact. Every organization should have a risk management plan in place, offering guidance to employees and executives on the proper procedures for qualifying and mitigating hazards at critical business touchpoints.

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Construction Collection Agencies Collections Agency Collections 130

Nerd Wallet

NOVEMBER 4, 2020

The Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® comes with more benefits than the $0-annual-fee American Airlines AAdvantage MileUp? Card while offering a more affordable option than the $450 annual fee of the Citi® / AAdvantage® Executive World Elite™ Mastercard®. For the Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®, you’ll pay $0 intro.

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Account Recovery

NOVEMBER 4, 2020

People across America who hoped to wake up this morning to news of a presidential result are as disappointed as as Democrats who suffered an “abject disaster” based on the results so far, according to political pundits who are filling airtime on television networks across the dial as we wait for more results to be … The post Presidential Outcome Still Up in Air; Democrats Underperform Across the Board appeared first on AccountsRecovery.net.

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Burr Forman

NOVEMBER 4, 2020

Among the many employee benefit deadlines extended due to the pandemic by joint action of the Department of Labor and the Internal Revenue Service are the deadlines for making a Cobra election and paying the Cobra premiums. For purposes of these deadlines, the COVID-19 “outbreak period” is disregarded. President Trump declared COVID-19 as a national emergency as of March 1, 2020, which is the beginning of the “outbreak period.

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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.