Fri.Sep 11, 2020

article thumbnail

iQor Files for Bankruptcy Protection

Account Recovery

Collection operation and contact center business-process outsourcing provider iQor filed for Chapter 11 bankruptcy protection yesterday, seeking approval of a pre-packaged plan that would provide the company with $130 million of funding to reorganize itself and continue operating. The company, one of the largest private employers in Tampa, listed only its U.S. operations in the … The post iQor Files for Bankruptcy Protection appeared first on AccountsRecovery.net.

article thumbnail

Stretching vs. Chasing: Business Advice During Hard Times

Enterprise Recovery

If you're starting a new business or have grown a business from the start, you will have some idea of what it takes to "wear many hats" or be as resourceful as possible. During that startup phase, you're analyzing, measuring, listening and on high alert to what is making your clients happy. According to best-selling author and researcher, Scott Sonenshein , this resourcefulness reveals a "stretching" mindset and is one of the reasons you're succeeding.

Startups 171
Insiders

Sign Up for our Newsletter

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

article thumbnail

Appeals Court Affirms Dismissal of FCRA Suit Over Deleted Item on Credit Report

Account Recovery

The Court of Appeals for the Fifth Circuit has affirmed a lower court’s dismissal of a lawsuit in which an individual alleged a credit reporting agency violated the Fair Credit Reporting Act by deleting a positive from a credit report, which is fine as long as the item was not deleted from his credit file. … The post Appeals Court Affirms Dismissal of FCRA Suit Over Deleted Item on Credit Report appeared first on AccountsRecovery.net.

217
217
article thumbnail

11 Best Ways to Send Money

Nerd Wallet

When you send money online, the best way depends on how and where you want to send it. We compared fees, speed and other features to find the best providers for domestic and international money transfers. + See a summary of our picks How to send money online, on mobile or in person Venmo: Best. Spencer Tierney is a writer at NerdWallet. Email: spencer.tierney@nerdwallet.com.

Banks 106
article thumbnail

From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

article thumbnail

Daily Digest – September 11. IQor Files for Bankruptcy; Appeals Court Affirms Dismissal of FCRA Case Over Deleted Item

Account Recovery

IQOR FILES FOR BANKRUPTCY PROTECTION Collection operation and contact center business-process outsourcing provider iQor filed for Chapter 11 bankruptcy protection yesterday, seeking approval of a pre-packaged plan that would provide the company with $130 million of funding to reorganize itself and continue operating. APPEALS COURT AFFIRMS DISMISSAL OF FCRA CASE OVER DELETED ITEM ON CREDIT … The post Daily Digest – September 11.

More Trending

article thumbnail

Sentinel Development Solutions Inc. (eCollections) Announces Native Omni-Channel Contact Support and Integrated Signing Solution

Account Recovery

Sentinel Development Solutions Inc. recently announced their ‘Best In Class’ integrated omni-channel contact strategy support and document signing solution. The latest incarnation of Sentinel’s enterprise collections platform addresses two of the main challenges facing collectors – modern contact strategies and coordinated processes to ensure compliance but also maximize the probability that consumers complete payment plans; … The post Sentinel Development Solutions Inc.

article thumbnail

Unpaid Invoices affecting 54% of UK Businesses

UK debt collections

As the United Kingdom continues to ease its Coronavirus restrictions , 54% of current actively trading Businesses are facing piles of unpaid invoices. The results from a survey by the Office of National Statistics make for shocking reading. The survey which was given the title ‘The Business impact of Coronavirus’ has just published their findings. 1 in 10 businesses are in moderate or severe financial risk of insolvency but on a positive note, 79% of Uk firms are considered low risk

article thumbnail

Judge Partially Denies MTD in FDCPA Case Over SOL Disclosure in Letter

Account Recovery

[EDITOR’S NOTE: I didn’t realize it until I had finished writing the summary, but this ruling is from late February. While it might be a little stale, it still might present some interesting facts worth reading, and I didn’t want the time I spent writing it to go to waste. ?? ] A District Court … The post Judge Partially Denies MTD in FDCPA Case Over SOL Disclosure in Letter appeared first on AccountsRecovery.net.

147
147
article thumbnail

4 Best Banks for International Travel of 2020

Nerd Wallet

When traveling abroad, you can save money by finding a bank with low wire-transfer charges, decent currency conversion rates and competitive international bank ATM fees. Here are our favorite banks for international travel: Charles Schwab Bank best for using ATMs Although some banks offer free ATM use — including reimbursement of any fees charged by.

Banks 98
article thumbnail

When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

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.

article thumbnail

How to Remove EOS CCA from Your Credit Report

Better Credit Blog

There are few things more anxiety-inducing than being contacted by a debt collector. If a company called EOS CCA is on your missed calls list, it means that they are pursuing you for an old debt. Unfortunately, that’s not all. They have also likely opened a collections account on your credit report. A collections account can damage your credit score for up to seven years – even if you pay off the debt.

article thumbnail

Do You Have to Pay Student Loans in Graduate School?

Nerd Wallet

You typically don’t have to pay student loans in graduate school. You can defer payments on federal loans and most private student loans if you’re enrolled at least half-time. But interest will accrue on all graduate school loans and any unsubsidized undergraduate loans during a deferment, increasing the amount you owe. If you can afford. Ryan Lane is a writer at NerdWallet.

article thumbnail

How To Remove General Service Bureau From Your Credit Report

Better Credit Blog

Debt collectors can be a real nuisance, calling, sending letters, and leaving messages frequently. They can also severely impact your credit score, limiting your future borrowing options for years to come. If General Service Bureau has reached out to you about a debt that you owe them, you may have questions. We’re here to answer them and provide you with the resources you need to get the collections agency deleted from your credit report, ASAP.

article thumbnail

You Don’t Need Perfect Credit to Get a Personal Loan

Nerd Wallet

A low credit score doesn’t have to stand in your way if you want to get a personal loan to cover an emergency or consolidate your debts. Borrowers with bad credit, which is a FICO score below 630, may need to put in some extra work to qualify for a personal loan. But taking these. Annie Millerbernd is a writer at NerdWallet. Email: amillerbernd@nerdwallet.com.

article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

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?

article thumbnail

Non-Discrimination During COVID-19 Pandemic

Burr Forman

Reprinted with permission from the Birmingham Medical News. WHAT MATTERS. Department of Health and Human Services Office for Civil Rights announces the resolution of two major discrimination complaints against healthcare providers. There have been a number of recent enforcement actions announced by the Department of Health and Human Services Office for Civil Rights (“OCR”) regarding alleged discrimination during the COVID-19 pandemic.

article thumbnail

NerdWallet’s 4 Best Money Saving Apps

Nerd Wallet

Money saving apps can make the process of saving money easier over time. You can fill your piggy bank automatically so that savings goals can be met without stress. Check out a few of our favorites, and scroll down to read more about each. 1. Acorns Best for investment options How it works: Acorns is an. Amber Murakami-Fester is a writer at NerdWallet.

Banks 97
article thumbnail

US DOJ Criminal Chief Announces 57 “Main Justice” PPP Cases

Burr Forman

At a September 10 press conference, Acting Assistant Attorney General Brian Rabbitt announced that the Department of Justice (“DOJ”) Criminal Division has reached 57 criminal prosecutions for fraud in connection with the Paycheck Protection Program in under six months since its enactment. Those prosecutions are in addition to other federal cases brought by U.S.

article thumbnail

Chase Bank Promotions: $100, $150, $200 and $300 Bonuses

Nerd Wallet

Here’s how to qualify for Chase bank promotions, which are some of the best on the market. » Skip ahead to compare three banks’ bonuses. Chase Total Checking®: $200 bonus Minimum deposit to qualify: $0. Expiration date: October 14, 2020. How to get it: Open a Chase Total Checking® account online or in person using a coupon emailed to. Alice Holbrook is a writer at NerdWallet.

Banks 94
article thumbnail

You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

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.

article thumbnail

Take 5 Immigration Podcast Series: Episode 9

Burr Forman

In episode 9 of the Take 5 Immigration Podcast Series, Melissa discusses the two types of L visas, the different types of L visa processes, and how employers and employees can be prepared for blanket L adjudications in today’s immigration world. This podcast is hosted by Burr partner Melissa Azallion , from the firm’s Hilton Head office.

52
article thumbnail

Is Moving Now Your Best Financial Move?

Nerd Wallet

You may not have started 2020 thinking about a move. But like it or not, many of us have had to reconsider our living situations during the pandemic. Maybe you’re one of the lucky ones who can now work remotely, or maybe you’re out of a job like millions of others. You may be wondering. Amrita Jayakumar is a writer at NerdWallet. Email: ajayakumar@nerdwallet.com.

89
article thumbnail

CSA CEO Chris Leslie gives industry current state of play speech at MALG conference

CSA

On Thursday our Chief Executive Chris Leslie gave his presentation at the MALG National Members? Meeting, setting out his analysis of the current ?state of play? in the collections and credit management market. The impact of the pandemic on the credit/consumer eco-system has been profound, but the CSA?s member firms have continued to facilitate payment deferrals and offer forbearance beyond the Government?

article thumbnail

Best Ways to Send Money Internationally

Nerd Wallet

+ See a summary of the 5 best ways to send money internationally 5 Best Ways to Send Money Internationally TransferWise OFX Xoom MoneyGram Western Union An international money transfer isn’t only available at banks. In fact, you’ll likely pay lower costs and get your money faster by using one of these licensed money. Spencer Tierney is a writer at NerdWallet.

Banks 85
article thumbnail

The Power of Storytelling in Risk Management

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.

article thumbnail

Dodge Momentum Index Improves for Second Straight Month

NACM

A construction spending indicator reports a potential increase in outlays as the U.S. economy continues to recover from earlier shutdowns. The Dodge Momentum Index, which measures the initial report of nonresidential building projects in planning, increased 1.8% in August, according to Dodge Data & Analytics."The August increase in the overall.

article thumbnail

Medicare Open Enrollment Periods for 2020-21

Nerd Wallet

Signing up on time for all the different parts of Medicare is key to getting the most out of this government-sponsored health coverage. Hitting your deadlines can help you avoid paying higher premiums caused by late penalties. To better understand when to enroll in Medicare, let’s first take a quick look at the various types. Walecia Konrad is a writer at NerdWallet.

article thumbnail

How to Save Up to $200 Using AARP British Airways Discount

Nerd Wallet

Did you know you could pay just $16 per year to save up to $200 off each British Airways flight you take? It sounds too good to be true. Yet this deal has been available for years, and it was just extended for another year. AARP members can now save up to $200 round-trip per. JT Genter is a writer at NerdWallet. Email: travel@nerdwallet.com. The article How to Save Up to $200 Using AARP British Airways Discount originally appeared on NerdWallet.

56
article thumbnail

How to Get the Most from the American Express Gold Card

Nerd Wallet

The American Express® Gold Card might be on your radar, particularly if you’re a self-proclaimed “foodie.” With benefits like $120 in annual dining credits with select restaurants and delivery services and 4x points at U.S. supermarkets and restaurants, you can earn more rewards on the food-based purchases you love. If travel is your passion, the. Jennifer Calonia is a writer at NerdWallet.

53
article thumbnail

How to Attract Multiple Generations to Open New Accounts and Apply for Loans

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.