Account Recovery

DECEMBER 9, 2020

JUDGE GRANTS MSJ FOR DEFENSE IN FCRA PERMISSIBLE PURPOSE CASE In a case that was defended by the team at Malone Frost Martin, a District Court judge in Indiana has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Credit Reporting Act when it obtained a propensity to … The post Daily Digest – December 9.

Judgment 217

Judgment 217

Nerd Wallet

DECEMBER 9, 2020

A do-it-yourself approach for home improvement projects may reduce your initial costs — but for certain jobs, the risks far outweigh any potential savings. If any of these projects are on your to-do list, call in the pros unless you’ve got plenty of related experience. 1. Roof replacement Roofing is extremely hard and dangerous work. Roberta Pescow writes for NerdWallet.

128

128

Account Recovery

DECEMBER 9, 2020

Are individuals more likely to return a message if it is left by a man or a woman? If it asks the individual to call an toll-free number or a number that is in his or her own area code? If the tone of the message is friendly or stern? Those are all questions that … The post The Types of Messages That Consumers Are Most Likely to Respond To appeared first on AccountsRecovery.net.

195

195

Nerd Wallet

DECEMBER 9, 2020

The holiday season is getting closer — and wallets lighter. Still, there are unpurchased gifts left on your list. Here’s how to come up with presents that will delight recipients without blowing up your budget. Resist the temptation to throw caution to the wind because you’re just so tired of waiting for 2020 to be over. Bev O'Shea writes for NerdWallet.

124

124

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

DECEMBER 9, 2020

The Consumer Financial Protection Bureau yesterday announced it had entered into a consent order with a debt collector, ordering it to pay $204,000 after it was found to be threatening to sue, suing, and demanding payments from consumers in three states even though it did not have the proper licenses to do so. A copy … The post CFPB Fines Collector $204K For Collecting Without Proper Licenses in Three States appeared first on AccountsRecovery.net.

Debt collector 147

Debt collector Collections 147

Account Recovery

DECEMBER 9, 2020

Fewer individuals had a medical debt go into collections in 2020 compared with a year ago, according to the results of a survey that were released this week, which also showed a spike in the usage of billing-related text messages and emails as providers and collectors embrace digital collection strategies. The survey was conducted by … The post Patients Want Providers to Embrace Digital Collection Platforms: Survey appeared first on AccountsRecovery.net.

Collections 147

Collections Healthcare 147

Nerd Wallet

DECEMBER 9, 2020

The best credit unions offer the same accounts and services as banks but often with much better terms. NerdWallet researched some of the country’s top institutions — both national and local — to determine our picks. This year’s best credit unions have great rates, low fees and generous perks. Our top five options are easy. Margarette Burnette writes for NerdWallet.

Credit Unions 109

Credit Unions Credit Unions Banks 109

Account Recovery

DECEMBER 9, 2020

In a case that was defended by the team at Malone Frost Martin, a District Court judge in Indiana has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Credit Reporting Act when it obtained a propensity to pay score for an individual from a credit reporting agency … The post Judge Grants MSJ for Defense in FCRA Permissible Purpose Case appeared first on AccountsRecovery.net.

Judgment 147

Judgment 147

Nerd Wallet

DECEMBER 9, 2020

You were preapproved for a mortgage and then found the house of your dreams. Now that your offer’s been accepted, that means you’re clear to get the mortgage and become a homeowner, right? Not so fast. You still have to go through underwriting. A mortgage preapproval is not a guarantee you will get a loan. Linda Bell writes for NerdWallet. Email: lbell@nerdwallet.com.

Loans 107

Loans 107

Advertisement

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

Credit Corp

DECEMBER 9, 2020

Food delivery and ridesharing are great ways to earn extra income. The market for food delivery has increased as restaurants have had to adapt to COVID-19 precautions, and just about everyone could use some extra income as we continue to navigate life during a pandemic. If you’re considering joining a food delivery or rideshare company as a driver, you need to be sure you have the right insurance coverage.

Auto Insurance 106

Auto Insurance 106

Nerd Wallet

DECEMBER 9, 2020

We scoped out some of the best banks and credit unions in California. Choosing a place to bank means finding the best combination of low account fees, convenience and features, as well as harder-to-measure factors such as customer service. California has no shortage of alternatives. We included online options with top interest rates to help. Alice Holbrook writes for NerdWallet.

Credit Unions 105

Credit Unions Credit Unions Banks 105

Consumer Finance

DECEMBER 9, 2020

On December 10, 2020, the Consumer Financial Protection Bureau issued final rules related to qualified mortgage (QM) loans.

Loans 84

Loans 84

Nerd Wallet

DECEMBER 9, 2020

The best national banks are available across the country and offer extensive ATM networks as well as features like sign-up bonuses and strong interest rates. Some have brick-and-mortar locations, and others are available only online. + Looking for the largest national banks instead? 6 largest national banks If you’re most interested in being able to visit a.

Banks 103

Banks Credit Unions Credit Unions 103

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

DECEMBER 9, 2020

AI governance is a hot topic and FICO’s chief analytics officer Scott Zoldi recently published an article in InformationWeek explaining why boards of directors need to pay close attention to artificial intelligence. According to Scott, “the increasing magnitude of AI’s life-altering decisions underscores the urgency with which AI fairness and bias should be ushered onto Boards’ agendas.”.

Government 52

Government 52

Nerd Wallet

DECEMBER 9, 2020

Your new car is gassed, washed and waiting outside as you review the contract. One small problem: The dealership has slipped in some extra fees and you don’t know whether to challenge them or not. During my 16 years as a professional car buyer, I tried to separate the bogus fees from the legit ones. Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com.

Loans 101

Loans 101

Luftman, Heck & Associates.

DECEMBER 9, 2020

It is the most wonderful – and wonderfully expensive – time of year. Between presents, decorations, parties, and dinners out, your wallet can take a serious hit during the holidays. And with the economic downturn related to the pandemic looming, people are feeling the pressure. In fact, many Americans fully intend to rack up a large credit card debt during the season, admitting that they’ll need three months or more Read More.

Credit Card Debt 52

Credit Card Debt Bankruptcy 52

Nerd Wallet

DECEMBER 9, 2020

Medicare is the government health care program for people 65 and over, and its coverage plays an important role in containing medical costs as you age. But Medicare benefits don’t pay for everything. Compare Medicare options with eHealth Find Medicare Advantage and Medicare Supplement Insurance plans in your area. Find plans on eHealth's non-government site.

Government 98

Government 98

Advertisement

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

Better Credit Blog

DECEMBER 9, 2020

Did you notice a new entry on your credit report from BBY/CBNA? While the letters above may seem unfamiliar, they represent Best Buy and CitiBank. When you apply for a retail credit card from Best Buy, it can lead to a hard credit check and lower your score. Below, we’ll talk more about Citi’s Best Buy Visa card, how hard inquiries work, and what you can do to get a fraudulent entry deleted from your report.

Lender 52

Lender Retail Repossession Foreclosure 52

Nerd Wallet

DECEMBER 9, 2020

Walmart and Sam’s Club are two of the largest retailers in the U.S. and are both under the Walmart Inc. family. Whether you’re in it for the free samples or for the endless aisles of options, if you’re a devoted Walmart or Sam’s Club shopper, you may be eyeing the Capital One® Walmart Rewards™ Mastercard® or. Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com.

Retail 97

Retail 97

Payment Savvy

DECEMBER 9, 2020

Technology is rapidly evolving, and the world of payments isn’t left behind. It’s why merchants should keep an eye on payment trends to ensure they’re ahead of the curve. As payments continue evolving, companies are finding new strategies for improving customer experience and optimizing software through them. Since payments are ubiquitous, they give businesses and platforms a growth opportunity.

Retail 52

Retail Government 52

Nerd Wallet

DECEMBER 9, 2020

New York City is a major financial capital, but it’s not the only place in the state where you can find great banking options. Which is right for you? Here are seven of the best banks in New York. + See a summary of our picks Best Banks and Credit Unions in New York Chase Bank: Excellent. Alice Holbrook writes for NerdWallet. Email: alice.holbrook@nerdwallet.com.

Credit Unions 96

Credit Unions Credit Unions Banks 96

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.

Fico Collections

DECEMBER 9, 2020

In my previous post I looked at what was driving synthetic identity fraud and discussed the difficulties in classifying both first-party fraud and synthetic identity fraud. Now let’s take a deeper dive into how banks and telecoms organizations can accurately identify such frauds without putting unnecessary barriers in the way of legitimate customers.

Banks 52

Banks Loans 52

Nerd Wallet

DECEMBER 9, 2020

Many financial institutions offer deposit accounts with college students in mind. Some of them are great, but others aren’t. When looking for a new banking service as a college student, seek out accounts (whether or not they cater specifically to students) that have the following: no or easily avoided monthly fees, solid overdraft policies, good. Melissa Lambarena writes for NerdWallet.

Banks 85

Banks Financial Institution Credit Unions Credit Unions 85

Burr Forman

DECEMBER 9, 2020

As reductions in revenue and workforce stemming from COVID-19 have reduced productivity for many companies that supply crucial materials and products to downstream manufacturers, Ryan Corbett authored the December 5 article for Supply & Demand Chain Executive highlighting important patent considerations for manufacturers taking matters into their own hands to fill supply gaps.

Manufacturing 40

Manufacturing 40

Nerd Wallet

DECEMBER 9, 2020

If you live in the Sunshine State, people might be jealous of you. They might be thinking about the weather, but Florida residents also have access to many excellent banks and credit unions. Here are a few favorites. » Check out some of NerdWallet’s best banks and credit unions nationwide Suncoast Credit Union Checking and savings. Alice Holbrook writes for NerdWallet.

Credit Unions 85

Credit Unions Credit Unions Banks 85

Advertisement

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.

Credit Unions