Account Recovery

OCTOBER 8, 2020

A District Court judge in Florida has granted preliminary approval of a settlement in a Fair Debt Collection Practices Act class action that will see the defendants refund or waive $512,000 in medical fees and pay $500,000 in statutory damages after the plaintiffs were charged for medical care when it should have been covered under … The post Defendants Settle Class Action FDCPA Suit appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

OCTOBER 8, 2020

When you open a savings account, the bank typically pays you for depositing your money. This is called interest, and the amount paid, or the interest rate, is a percentage of the balance. Normally, that number is positive. But savings rates have been dropping, and many banks now pay less than 1%. Could rates dip. Margarette Burnette is a writer at NerdWallet.

Banks 113

Banks 113

Account Recovery

OCTOBER 8, 2020

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Doffie Howard of FBCS appeared first on AccountsRecovery.net.

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Nerd Wallet

OCTOBER 8, 2020

When house hunting, the price of homeowners insurance probably isn’t top of mind. But homes with hidden risks can make getting coverage difficult, expensive or both. Learning how to identify them could save you a bundle. This could be a particularly important concern for first-time homebuyers and those moving from cities to suburban or rural. Liz Weston is a writer at NerdWallet.

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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

OCTOBER 8, 2020

The Eleventh Circuit Court of Appeals has upheld a lower court’s motion for judgment on the pleadings in favor of defendants that were accused of not properly investigating a disputed item on the plaintiff’s credit report, echoing the lower court in saying that investigations should be about factual items, not legal questions. A copy of … The post Appeals Court Affirms Ruling for Defense in FCRA Case appeared first on AccountsRecovery.net.

Judgment 243

Judgment 243

Account Recovery

OCTOBER 8, 2020

GETTING TO KNOW DOFFIE HOWARD OF FBCS Having spent time working in a number of different areas within collection agencies has given Doffie Howard a unique perspective to the importance of operations and IT working together. Much like his description of the collection industry as always adapting and moving forward, Doffie never looks back. Read … The post Daily Digest – October 8.

Collection Agencies 147

Collection Agencies Collections Agency Collections 147

Nerd Wallet

OCTOBER 8, 2020

Typically the only way to use money from a certificate of deposit at a bank or credit union before its term ends is to withdraw early and pay a penalty. But there’s an alternative: borrowing a lump sum from the bank holding your CD. You pay back that sum over time, with interest. In total, Spencer Tierney is a writer at NerdWallet. Email: spencer.tierney@nerdwallet.com.

Loans 87

Loans Credit Unions Credit Unions Banks 87

FFGN COLLECT NY

OCTOBER 8, 2020

Without aid from the federal government, New York state will see budget cuts of 10 billion in 2021 followed by budget cuts of 30 billion in 2022. Some of the anticipated cuts will affect our judicial system. The budget cuts will affect New York debt collection cases. Here’s how. Governor Cuomo’s 2021 budget calls for a decrease in funding of the New York judiciary system.

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Collections Judgment Government Lender 52

Nerd Wallet

OCTOBER 8, 2020

If you got a bunch of frequent travelers together and asked them to debate the merits of their favorite premium travel cards, you can bet that the Citi Prestige® Card would get a lot of airtime. With an annual fee of $495, this card is definitely not for everyone. But it comes with a wide. Kendra Collins is a writer at NerdWallet. Email: travel@nerdwallet.com.

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Collections

Fraser

OCTOBER 8, 2020

HHS Announces OOP Limitations for 2021. With the passage of the Affordable Care Act (ACA), group health plans became required to apply an out-of-pocket limitation to certain in-network benefits… meaning that once an individual or family out-of-pocket (OOP) limit was met, the plan could not charge additional OOP costs for essential health benefits.

Lawyers 41

Lawyers 41

Nerd Wallet

OCTOBER 8, 2020

Allied Van Lines is a full-service moving company that serves all 50 states and over 130 countries. It’s owned by Sirva, which also owns North American Van Lines, another major moving company that offers similar services. Like the other company, Allied Van Lines handles local, long-distance and international moves and works with a large network. Tracy Scott is a writer at NerdWallet.

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Burr Forman

OCTOBER 8, 2020

Phishing FINRA . October is cyber-security awareness month, so it’s only appropriate that FINRA started it with another Regulatory Notice warning member firms to beware of a false-survey phishing scheme. The Notice warns of “a widespread, ongoing phishing campaign” soliciting survey responses in an email using the fake domain “@regulation-finra.org.

Financial Institution 40

Financial Institution 40

Nerd Wallet

OCTOBER 8, 2020

You might need to request a professional judgment from your school if your current finances are not accurately reflected on your financial aid application. When you submit the Free Application for Federal Student Aid, or FAFSA, your prior-prior year tax information is pulled into the application. For example for the 2021-22 school year application, 2018.

Judgment 53

Judgment Student loans Student Loans Loans 53

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

Burr Forman

OCTOBER 8, 2020

The 2021 edition of Benchmark Litigation serves as a definitive guide to the world’s leading litigation firms and lawyers. Benchmark Litigation determines recommendations by conducting peer reviews and case examinations. Benchmark Litigation recognizes 14 Burr Partners in the following areas: Local Litigation Stars, Future Stars, Labor and Employment Stars, and the 40 & Under Hot List.

Creditor's Rights 40

Creditor's Rights Financial services Lawyers Bankruptcy 40

Nerd Wallet

OCTOBER 8, 2020

Here’s some good news for folks with big grocery bills: American Express is boosting the bonus offers on its popular Blue Cash consumer credit cards, which offer outstanding rewards at U.S. supermarkets. In addition, for a limited time, AmEx is waiving the first year’s annual fee on the Blue Cash Preferred® Card from American Express. Gregory Karp is a writer at NerdWallet.

Consumer Credit 52

Consumer Credit 52

Nerd Wallet

OCTOBER 8, 2020

The geographical diversity of the United States means there’s always another national park to explore. If you’ve already checked off parks in your area, consider some of these more far-flung options. Alaska and Hawaii are home to some of the most thrilling national parks in the world — from the snow-covered caps of Denali in Alaska. Ben Nickel-D’Andrea is a writer at NerdWallet.

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Nerd Wallet

OCTOBER 8, 2020

For a limited time, American Express is bulking up its benefits for certain cardholders. As of Oct. 9, 2020, a new partnership with new at-home fitness platform Variis by Equinox gives some AmEx cardmembers the opportunity to enroll and redeem statement credits toward a monthly membership, which normally costs $39.99: Eligible Platinum cardholders will receive.

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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

Nerd Wallet

OCTOBER 8, 2020

The Delta SkyMiles® Gold Business American Express Card has a modest $0 intro for the first year, then $99 annual fee, which can be earned back in award travel and other perks in no time. You don’t have to own a traditional business to have a business credit card either. Many freelancers find value in. Ramsey Qubein is a writer at NerdWallet. Email: travel@nerdwallet.com.

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