Tue.Mar 11, 2025

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Golden Years Going Plastic: AARP Finds Older Adults Swiping for Survival

Account Recovery

Nearly half (47%) of older adults with credit card debt say they rely on plastic to pay for basic living expenses they cannot otherwise afford, according to the results of a survey released yesterday by AARP that sheds fresh light on credit card usage among Americans aged 50 and older a picture that is worrisome. Even more unsettling: 17% admit theyve done this every month over the past year.

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6 in 10 Small Businesses restricted by late payments

UK debt collections

A new report from GoCardless , in partnership with the Federation of Small Businesses (FSB), has revealed an escalating late payments crisis threatening UK small businesses. A survey of over 2,000 small Business owners found that 45% are experiencing more late payments than a year ago, while 50% fear the situation will worsen in the next 12 months. For many, the delays are severealmost a quarter (24%) of SMBs report receiving payments up to 60 days late.

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Washington Senate Passes Medical Debt Credit Reporting Ban Bill

Account Recovery

A medical debt credit reporting bill has been passed by the Washington state Senate and is one step closer to becoming law. Driving the news: The Washington State Senate approved S. 5480 in a bipartisan vote. The bill, sponsored by Sen. Marcus Riccelli, a Democrat, would prohibit medical debt from being reported to consumer credit agencies, aiming to shield consumers from the financial consequences of unpaid medical expenses.

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The Dangers of Dark Patterns in Digital Communication for Debt Collection and Best Practices to Avoid Them

True Accord

Striving to deliver positive consumer experiences is not just a best practiceit is becoming a more prominent component of compliance in debt collection , especially when it comes to consumer communication. As consumer preferences have shifted toward digital channels, the success of a businesss debt recovery operation (whether in-house or outsourced to a third-party agency) hinges on engagement through online platforms, emails, and text messaging.

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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.

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Daily Digest – March 11. Collector Sued for Emailing Third Parties About Debt; Older Adults Swiping for Survival

Account Recovery

Collector Sued for Emailing Third Parties About Debt Golden Years Going Plastic: AARP Finds Older Adults Swiping for Survival CFPB Roundup Washington Senate Passes Medical Debt Credit Reporting Ban Bill WORTH NOTING:What it’s like being at the Nordic Super Bowl … It’s never the kids who are the problems at sporting events … The best longevity habit you’re not thinking about … Car payment delinquency rates are at their highest point in 30 years … It’

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Collector Sued for Emailing Third Parties About Debt

Account Recovery

EDITORS 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 (855) WEB-RECON or email admin@webrecon.net today!

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Jimerson Birr Appoints Brandon C. Meadows as New Managing Partner

Jimerson Firm

Jimerson Birr , a full-service business law firm based in Jacksonville with statewide offices and clients throughout Florida and Georgia, proudly announces the appointment of Brandon C. Meadows as its new Managing Partner. In this role, Mr. Meadows oversees the firms legal operations, ensuring the continued delivery of high-quality legal services while guiding the companys strategic growth.

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CFPB Roundup

Account Recovery

After a relatively quiet weekend, news coming out of the Consumer Financial Protection Bureau heated back up again on Monday, highlighted by the Bureau’s chief operating officer testifying about what has been going on at the agency over the past six weeks. Here’s more on that and several other developments. Martinez Testifies on CFPB’s Struggles Amid DOGE Overhaul In a testimony yesterday, Adam Martinez, the CFPBs chief operating officer, provided a detailed account of the chao

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