Account Recovery

FEBRUARY 16, 2021

A District Court judge in New York has granted a defendant’s motion for summary judgment on six of the seven counts in a lawsuit claiming a letter it sent to the plaintiff violated several sections of the Fair Debt Collection Practices Act, but denied summary judgment motions from both sides on the remaining count that … The post Judge Grants MSJ For Defense on 6 of 7 Counts in FDCPA Case appeared first on AccountsRecovery.net.

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Fair Debt Collection Judgment Collections Creditors 246

Nerd Wallet

FEBRUARY 16, 2021

In January, I took up a no-spend challenge. That’s right — I refrained from making nonessential purchases for one whole month. With my travel and entertainment expenses basically nonexistent during the pandemic, the challenge really boiled down to two categories: shopping and food delivery. I’d never done a spending challenge before and didn’t know what.

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Account Recovery

FEBRUARY 16, 2021

JUDGE GRANTS MSJ FOR DEFENSE ON 6 OF 7 COUNTS IN FDCPA CASE A District Court judge in New York has granted a defendant’s motion for summary judgment on six of the seven counts in a lawsuit claiming a letter it sent to the plaintiff violated several sections of the Fair Debt Collection Practices Act, … The post Daily Digest – February 16.

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Fair Debt Collection Judgment Collections 246

Arbeit Software

FEBRUARY 16, 2021

With the release of the CFPB's new debt collection rule, having a strong online presence is more important than ever before for debt collection agencies. Working in collections can be stressful. Between keeping up with ever-changing restrictions, retaining & attracting talent, reaching consumers, and staying TCPA compliant, there's a lot to keep track of.

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Collection Agencies Collections Agency Collections 98

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

FEBRUARY 16, 2021

February 11, 2021 (Sacramento, CA)?– Members of Receivables Management Association International (RMAI) elected Officers and Directors to its Board for 2021. Due to the pandemic which created so much uncertainty and program cancellation, all 2020 officers will be serving in their same positions for 2021. Of the ten-member Board, nine are continuing service from the … The post 2021 Officers & Directors Elected to Lead Receivables Management Association International appeared first on A

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Debt Buying 242

Account Recovery

FEBRUARY 16, 2021

EDITOR’S NOTE: The following article was originally published by Jamie Welsh at Harvest Strategy Group and is re-published here with the company’s permission. As we noted in an earlier blog, the era of ultra-low charge-off rates is not going to last forever. When delinquency rates begin to climb towards the back end of 2021, we don’t expect it to … The post Scoring, Segmentation & Selection – Critical Elements to a Successful Legal Strategy appeared first on AccountsRecovery.net.

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Nerd Wallet

FEBRUARY 16, 2021

Medicare Part D plans — which cover prescription drugs and are also known as Medicare drug plans — come with monthly premiums that vary by policy. The national base beneficiary premium for Part D plans is $33.06 per month for 2021, according to Centers for Medicare & Medicaid Services, which calculates this number in part. Roberta Pescow writes for NerdWallet.

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Account Recovery

FEBRUARY 16, 2021

Among the provisions of the Consumer Financial Protection Bureau’s debt collection rule that has the potential to be the most problematic with which to comply is the limitations that are being placed on the number of communication attempts and the number of conversations that collectors can have with consumers. Under the classification of eliminating conduct … The post Bedard Breaks Down Call Frequency, Communication Caps of Debt Collection Rule appeared first on AccountsRecovery.net

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Collections 147

Nerd Wallet

FEBRUARY 16, 2021

If your parents don’t have an insurance policy or the funds to pay their own way in their later years, you can buy life insurance for your parents yourself, assuming they’re on board and can qualify for coverage. Supporting your aging parents up until and including their death can be a financial burden, and life. Eric Goldschein writes for NerdWallet.

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Collections

UK debt collections

FEBRUARY 16, 2021

Plans to create a Nationwide Debt Collection service to recoup unpaid covid Business support loans have hit a brick wall according to latest reports. £45 Billion pounds have been lent to Small Businesses to help them through the pandemic over the last year by UK banks. In total 1.47m loans were issued by Commercial Lenders with a government guarantee.

Loans 72

Loans Collections Lender Bankruptcy 72

Nerd Wallet

FEBRUARY 16, 2021

When thinking about your next vacation, giving some thought to travel insurance can make a lot of sense. It can protect you in case something goes wrong, not to mention give you peace of mind. One travel insurance provider to consider is Travel Insured International, a company with over 25 years in this space. In. Elina Geller writes for NerdWallet.

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PDC Flow

FEBRUARY 16, 2021

Working with a client as an extension of their business can be challenging. If you currently run or are considering an extended business office in your accounts receivable operation, you may already know the challenges involved. However, between compliance, staff training and other back end concerns, it can be hard to watch for all the roadblocks your agents experience during payment collection.

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Collections Accounts Receivables Management Healthcare 61

Nerd Wallet

FEBRUARY 16, 2021

Both Medicare Part D plans — also called Medicare drug plans — and Medicare Advantage plans with prescription drug coverage cover the shingles vaccine, which prevents shingles infections and is approved for use by people 50 and older. Original Medicare (Part A and Part B) doesn’t provide coverage. About the shingles vaccine Shingrix, the shingles vaccine recommended by the Centers.

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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

Public Citizen

FEBRUARY 16, 2021

Minnesota's Prentiss Cox and Suffolk's Kathleen C. Engel have written Student Loan Reform: Rights Under the Law, Incentives Under Contract, and Mission Failure Under ED, Harvard Journal on Legislation, Forthcoming. Here's the abstract:  The federal student loan program is a disaster. Over five million people are in default even though Congress provides all borrowers with the right to affordable payments and to discharge of borrowers’ debts in specific circumstances.

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Student loans Student Loans Loans Creditor's Rights 67

Nerd Wallet

FEBRUARY 16, 2021

Discover’s balance-transfer credit card, which has been unavailable recently, is again taking applications. And for now, NerdWallet is the only place it’s available online. The Discover it® Balance Transfer – NerdWallet Exclusive! has a long introductory interest-free period for balance transfers. A transfer can save you money if you move high-interest debt to a card with a.

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JMA

FEBRUARY 16, 2021

The short answer is yes, you CAN save money while you’re in debt. The long answer is that while it is possible, it will take a lot of effort and time to be able to reach your financial goals. Here’s the lowdown on how you can save money while you’re in debt. To Save or. Read more » The post Can You Save Money When You’re In Debt? appeared first on JMA Credit Control.

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Nerd Wallet

FEBRUARY 16, 2021

When the Venmo Credit Card first launched in October 2020, it wasn’t widely available. Over several months, Venmo app users received notifications when they could apply for the card. Beginning on Feb. 16, however, all eligible Venmo customers can apply directly through the Venmo app. To be eligible, you must have had a Venmo account for at. Sara Rathner writes for NerdWallet.

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Collections

Fico Collections

FEBRUARY 16, 2021

What is the Electronic Consent Based Verification Service (eCBSV)? . LizLasher@fico.com. Tue, 02/16/2021 - 18:04. In June 2020, the US Social Security Administration (SSA) launched their electronic consent-based verification service (eCBSV). The eCBSV is an electronic service that offers registered members, such as banks, the ability to confirm the social security number of their customers, with the customers consent.

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Financial Institution Banks Financial services 52

Nerd Wallet

FEBRUARY 16, 2021

A healthy budget begins with understanding your spending habits. NerdWallet helps you do exactly that by showing how much money goes in and out of your accounts each month — and where it’s going. Here’s how to use NerdWallet’s spending insights to stay on top of your budget. How to get started with NerdWallet The. Lauren Schwahn writes for NerdWallet.

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On Guard

FEBRUARY 16, 2021

In instalment four of our Q&A series, Debbie Staat, Manager Customer Success & Support , discusses how businesses can embrace the future of credit management technology – leaving legacy systems behind and investing in new software to help streamline processes and payments. Q: In an increasingly competitive marketplace, it’s vital that our business keeps pace with competitors by looking to the future and leveraging new technologies.

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Credit Management 52

Nerd Wallet

FEBRUARY 16, 2021

A good travel rule of thumb is to have the credit cards from your favorite travel providers. For instance, if there’s an airline that you fly more frequently than others, it can be beneficial to have their credit card for additional perks and benefits. The same applies to cruise lines. Obviously, you wouldn’t want to. Michael Friedman writes for NerdWallet.

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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.

FFGN COLLECT NY

FEBRUARY 16, 2021

The COVID-19 pandemic has changed the ways clients can testify at trial in New York courts. If you are planning on testifying at a debt collection trial, here’s what to expect. Access. If you are worried about the hassle of traveling to and from court, don’t be. All debt collection trials are now conducted remotely. For now, you don’t have to worry about appearing in person.

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Collections 40

Nerd Wallet

FEBRUARY 16, 2021

JetBlue Airways is popular with travelers because the airline is known for extra legroom and free Wi-Fi on all flights. Plus, the JetBlue TrueBlue rewards program is straightforward and has no blackout dates, making it easy to earn and redeem points to use toward award flights to popular domestic and international destinations. JetBlue’s customer service.

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Micro Bilt

FEBRUARY 16, 2021

Are you working on hiring new talent for your business? There's a lot that goes into this process. You have to do interviews, sift through hundreds of applications, and gauge whether or not the new hire would mesh well with the rest of your employees.

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Nerd Wallet

FEBRUARY 16, 2021

Traveling by air during a pandemic can be a stressful, if not harrowing, experience to prepare for. Those who must travel are contending with day-to-day travel restriction changes like new entry requirements and variable local regulations. Delta Air Lines created a tool to make trip planning easier during COVID-19. Here’s what you need to know. Jennifer Calonia writes for NerdWallet.

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Credit Unions