Tue.Nov 29, 2022

article thumbnail

No Surprises Act Stops 9M Bills, But Disputes Piling Up as Legal Challenges Continue

Account Recovery

The No Surprises Act has prevented more than 9 million individuals from receiving surprise medical bills during the first nine months of 2022, according to the results of a survey conducted by Blue Cross Blue shield Association, but the process of how disputes are resolved is facing a legal challenge that could make a growing … The post No Surprises Act Stops 9M Bills, But Disputes Piling Up as Legal Challenges Continue first appeared on AccountsRecovery.net.

article thumbnail

It Has Been This Bad Before. How Home Buyers Got It Done in 1981

Nerd Wallet

The housing market is in grim shape. People yearn to buy but are thwarted by rising mortgage rates, unaffordable homes and an inadequate supply of properties for sale. The hopeful news is that America has been through this before — in 1981 — and things eventually got better. The sobering news is that the early-’80s. Holden Lewis writes for NerdWallet.

122
122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Judge Grants MSJ For Plaintiff in FDCPA Case Over Disputed Debt Not Being Reported Soon Enough

Account Recovery

If you are furnishing information to credit reporting agencies — especially within the Seventh Circuit — you better make sure that you haven’t received any disputes in the day or two prior to submitting updates to the CRAs. A District Court judge in Illinois has denied a defendant’s motion for summary judgment and granted a … The post Judge Grants MSJ For Plaintiff in FDCPA Case Over Disputed Debt Not Being Reported Soon Enough first appeared on AccountsRecovery.net

Judgment 245
article thumbnail

Financial Literacy Activities for Students at Home

Credit Corp

Did you know that financial behaviors are set by age seven ? Even if a student is receiving a financial literacy education in school, they’re likely not learning important lessons like budgeting, saving, investing, and managing income until high school. By then, they’re already facing tough decisions about how to spend their first paycheck and determining how to afford higher education.

Education 105
article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Collector Facing FDCPA Class Action for Sending Undated MVN

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Collector Facing FDCPA Class Action for Sending Undated MVN first appeared on AccountsRecovery.net.

242
242

More Trending

article thumbnail

Daily Digest – November 29. Collector Facing Class Action for Sending Undated MVN; Healthcare Fintech Raises $220M to Offer Interest-Free Payment Plans to Consumers

Account Recovery

COLLECTOR FACING CLASS ACTION FOR SENDING UNDATED MVN Ahhh, the undated Model Validation Notice. Leaving out something that is “so basic in the business world,” that is “arouses suspicions” why it was done in the first place, a plaintiff has filed a class-action lawsuit accusing a collector of violating the Fair Debt Collection Practices Act … The post Daily Digest – November 29.

article thumbnail

The Economic Future of Climate Change: Who Makes Money and Who Suffers?

Prosperity Now

Who is making the money?

98
article thumbnail

Healthcare Fintech Raises $220M To Offer Zero-Interest Payment Plans to Consumers

Account Recovery

A company that is offering consumers credit in the form of zero-interest, fee-free payments on their medical debts has raised $220 million to expand its operations and grow its business faster. Payzen says it uses technology like artificial intelligence and machine learning to generate payment plans tailored to the budget and repayment ability of each … The post Healthcare Fintech Raises $220M To Offer Zero-Interest Payment Plans to Consumers first appeared on AccountsRecovery.net.

article thumbnail

4 Ways to Limit Your Holiday Debt

Nerd Wallet

There’s a magical feeling in the air this time of year, but that magic costs money. Every year, the pressure looms large to spend more to create perfect holidays. This high-cost season can leave you with debt that sticks around. According to NerdWallet’s 2022 Holiday Shopping Report, 31% of 2021 U.S. holiday shoppers who used. Sara Rathner writes for NerdWallet.

81
article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

La CFPB Emite Directrices Para Enfrentar Prácticas Deficientes de Investigación Por Compañías de Informes Del Consumidor

Consumer Finance

Cuando compañías de informes del consumidor y proveedores de información fallan en investigar información disputada, los consumidores quedan pagando tasas más altas y teniendo más dificultades para encontrar vivienda o empleo.

73
article thumbnail

Disney Swan vs. Dolphin: Which Is Best?

Nerd Wallet

Disney fans know that where you stay can be an important part of the theme park experience. Two of the more iconic hotels in the Florida resort area, the Walt Disney World Swan and Dolphin, may puzzle some travelers: The buildings look similar enough in color and design that they could be confused for one. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

79
article thumbnail

La CFPB emite directrices para enfrentar prácticas deficientes de investigación por compañías de informes del consumidor

Consumer Finance

Cuando compañías de informes del consumidor y proveedores de información fallan en investigar información disputada, los consumidores quedan pagando tasas más altas y teniendo más dificultades para encontrar vivienda o empleo.

67
article thumbnail

What Is Investing?

Nerd Wallet

Investing definition Investing involves putting your money to work by buying assets — such as stocks or bonds — to generate profits (often called returns) beyond your initial investment. When speaking about investing, people often refer to financial markets where investors connect to buy and sell assets, such as stocks or bonds. Investing vs. saving.

74
article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

article thumbnail

Insolvent Companies more likely to be run by men says report

UK debt collections

New research from KSA Group shows that insolvent companies were over 40% more likely to be to run by men between October 2021-22 than by females. The study, which looked at the insolvency rate of companies with a 75%+ male or female board, showed that male-dominated companies went bust at a rate of 0.84%, versus 0.59% for majority-female companies. This means that companies were 42% more likely to become insolvent if their boards were male-dominated.

article thumbnail

The Hartford/AARP Homeowners Insurance Review 2022

Nerd Wallet

The Hartford offers policies designed for older homeowners through its partnership with AARP. The company has been the provider of AARP home insurance since the 1980s. However, you don’t need to be an AARP member to buy insurance from The Hartford. Non-members can get coverage through independent agents. The Hartford is one of the insurance. Sarah Schlichter writes for NerdWallet.

article thumbnail

CFPB and FTC File Amicus Brief on Servicemembers’ Right to Sue Under the Military Lending Act

Troutman Sanders

On November 21, the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) filed a joint amicus brief in Louis v. Bluegreen Vacations Unlimited, Inc. , No. 22-12217 (11th Cir.) regarding servicemembers’ right to sue under the Military Lending Act (MLA). The plaintiffs in the case were both covered borrowers under the MLA when they obtained a loan to purchase a vacation timeshare and paid a 10% down payment of $1,150 in addition to an administrative fee of $450.

Loans 52
article thumbnail

What Is the Unemployment Rate and Other Jobs Report Findings

Nerd Wallet

A slight uptick in unemployment in October is the one blemish on an otherwise strong employment picture for workers, according to the jobs report released on Nov. 4 by the Bureau of Labor Statistics. A significant number of jobs were gained in October and wages remain up overall. And hiring was stronger in industries that. Anna Helhoski writes for NerdWallet.

68
article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Insurance Microservices Provide Needed Agility Today

Fico Collections

Home. Blog. FICO. Insurance Microservices Provide Needed Agility Today. Monolithic architecture hinders the evolution of cloud-hosted platforms — microservices are proving more effective at meeting insurers' demands for agility. FICO Admin. Tue, 07/02/2019 - 02:45. by Darran Simons. expand_less Back To Top. Tue, 11/29/2022 - 10:30. Agility is everything right now for insurers.

article thumbnail

The Guide to AmEx Car Rental Insurance

Nerd Wallet

Do you have an American Express card? Many AmEx cards include travel insurance, which can cover you in the event that an incident occurs. Among other benefits, AmEx provides complimentary rental car insurance on its cards, though the coverage level can vary depending on the card you hold. Here’s a look at AmEx car rental. Carissa Rawson writes for NerdWallet.

52
article thumbnail

UK Cards Data: September Data Shows Rising Consumer Stress

Fico Collections

Home. Blog. FICO. UK Cards Data: September Data Shows Rising Consumer Stress. The FICO Credit Market Report for September shows a drop in spending and includes an increase in missed payments as cost-of-living pressures take hold. Darcy Sullivan. Tue, 11/10/2020 - 12:17. by Liz Ruddick. expand_less Back To Top. Tue, 11/29/2022 - 11:05. With the rise in inflation and soaring energy costs in the UK, it’s no surprise that our data on UK card trends for September 2022 offer clear signs of consumer in

Lender 52
article thumbnail

Free Community Association Board Member Certification Course

Jimerson Firm

Join Jimerson Birr on Thursday, December 8, 2022, for a free Community Association Board Member Certification Course. This is a DBPR-approved educational program designed for association board officers and directors. The course, led by Jimerson Birr Associate Attorney Bryan M. Davis , will help participants understand how effective associations can and should function, as well as how to become a more effective member of the team.

article thumbnail

Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

article thumbnail

When will I get paid? Is a petition a good idea? – A guest blog by Menzies and Shoosmiths

CICM

In our latest guest blog and recent podcast , two of our corporate partners, Menzies and Shoosmiths , take a look at the increased petition levels and whether they are a good idea. Insolvencies are on the rise. If we compare them to August 2019 stats to reflect on a pre-pandemic scenario, they are up by some 42%, although bankruptcies are 58% lower.

article thumbnail

November Newsletter – Remembering what matters most.

Jimerson Firm

Featured in the November 2022 Issue. Partner’s Perspective: Remembering what matters most. Theresa C. Pontieri wins city council race in Palm Coast. Blog Highlights. Curiosities, Ruminations and Various Eccentricities of Firm Biz. READ NEWSLETTER. The post November Newsletter – Remembering what matters most. appeared first on Jimerson Birr.

40
article thumbnail

Fed Expected to Continue Rate Hikes, Recession Fears Grow

NACM

Even with some easing in recent months, inflation remains well above the Federal Reserve's target range of 2%. The Fed has aggressively raised rates this year and they don't plan to let off the gas any time soon. "Two of the Fed's regional presidents, John Williams and James Bullard, warned on Monday that the inflation threat hasn't faded," reads a.

5