Account Recovery

JANUARY 11, 2022

St. Louis, MO January 11th – Credit Control, LLC (“Credit Control”) is proud to announce that Phil Thomas has joined the company as Vice President – Sales. He joins an established team of industry experts specializing in consultative sales & business development and will be a key part of our team’s focus on expanding our … The post Credit Control Announces New Vice President of Sales appeared first on AccountsRecovery.net.

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Nerd Wallet

JANUARY 11, 2022

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. 2021 was a year of financial strain for many Americans: Household debt and the overall cost of living increased, while median household income decreased, according to NerdWallet’s annual household debt.

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Education 104

Account Recovery

JANUARY 11, 2022

DEBT BUYER SUED BY CFPB PLANS ‘VIGOROUS’ DEFENSE A debt buyer that was sued yesterday by the Consumer Financial Protection Bureau said in a statement that it intends to fight the lawsuit and said the CFPB’s suit referenced six accounts in which allegedly illegal activity took place before the debt buyer was even in business … The post Daily Digest – January 11.

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Collections 246

Fico Collections

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! Friction – not inherently good or evil. Be personable in this impersonal channel. Respect the data. Engage me, teach me – feed by TikTok obsession. Use your branch wisely! Respect my time and match my effort.

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Banks Financial Institution Financial services Government 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

JANUARY 11, 2022

The Massachusetts Division of Banks has entered into a consent order with a group of companies that were accused of operating in the state without a license in which the companies will pay a penalty of $10,000 while also ceasing from engaging in any business activity that is prohibited in Massachusetts, including collecting without a … The post Mass.

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Banks Collections 246

Account Recovery

JANUARY 11, 2022

The National Consumer Law Center has published a guide of the key legal rulings related to the Fair Debt Collection Practices Act that were issued in 2021, breaking down rulings according to different categories and providing a summary of the case law that was enacted last year. Last year was a “very active” one for … The post NCLC Publishes Guide to Key FDCPA Rulings From 2021 appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

JANUARY 11, 2022

QuickBooks Payments is a sensible payment processing solution for small businesses that already use QuickBooks for accounting, need to accept invoice payments and don’t require other third-party payment integrations. It’s an especially strong choice for businesses that provide services to other businesses, then bill them through QuickBooks Online. However, customer service isn’t 24/7 and the.

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Account Recovery

JANUARY 11, 2022

A debt buyer that was sued yesterday by the Consumer Financial Protection Bureau said in a statement that it intends to fight the lawsuit and said the CFPB’s suit referenced six accounts in which allegedly illegal activity took place before the debt buyer was even in business and “embellishes them to make a case.” A … The post Debt Buyer Sued by CFPB Plans ‘Vigorous’ Defense appeared first on AccountsRecovery.net.

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Debt Buying 246

Nerd Wallet

JANUARY 11, 2022

Some credit cards make a compelling case for that coveted slot in your wallet, granting you useful benefits and steady rewards year after year. Maybe they don’t check off every item on your wish list, but overall, you’re happy. Once in a while, though, another card comes around that makes you question your devotion. Indeed. Sara Rathner writes for NerdWallet.

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Collections

Troutman Sanders

JANUARY 11, 2022

On January 10, the Federal Trade Commission (FTC) issued an alert about a new cryptocurrency payment scam involving impersonators convincing consumers to send money obtained from a cryptocurrency automated teller machine (ATM) via a quick response (QR) code. According to the FTC, this is a new twist on scammers pretending to be someone a person trusts ( e.g., from the government, law enforcement, or a local utility company) to convince consumers to send the impersonator money.

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Nerd Wallet

JANUARY 11, 2022

Looking for a $0-annual fee credit card with rewarding bonus spending categories? Look no further than the Chase Freedom Flex?, a solid Chase travel card for beginners that offers up to 5% in bonus reward categories that change every three months. But before you apply, consider those rotating categories, how to get the most out. Alisha McDarris writes for NerdWallet.

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Burr Forman

JANUARY 11, 2022

The South Carolina Department of Revenue (SC DOR) annually ranks and designates the state’s 46 counties into four tiers based upon unemployment rate and per capita income ( See S.C. Code Section 12-6-3360(B). Tier designation is important because it directly affects the amount of Job Tax Credit (JTC) a business can receive as a reward for creating and maintaining new jobs in South Carolina.

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Government 52

Fraser

JANUARY 11, 2022

Upcoming Deadlines: (1) Form W-2 Reporting of Employer-Provided Health Coverage; and (2) Medicare Part D Notices to CMS. Reminder: Form W-2 Reporting on Aggregate Cost of Employer Sponsored Coverage. Unless subject to an exemption, employers must report the aggregate cost of employer-sponsored health coverage provided in 2021 on their employees’ Form W-2 (Code DD in Box 12) issued in January 2022.

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Lawyers 52

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

Troutman Sanders

JANUARY 11, 2022

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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Financial services Trade Consumer Credit Collections 52

Fico Collections

JANUARY 11, 2022

With average spend and cash usage rising, the data was typical of previous festive seasons. However, a drop in the percentage of payments to balance made by cardholders during the month also suggests that lockdown savings may be diminishing. With the Omicron variant impacting hospitality and retail sales in December, lenders will be looking at whether they need to reintroduce payment holidays as well as returning to the stricter lending policies that were implemented at the outset of the pandemi

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Lender Retail Banks Collections 52

Better Credit Blog

JANUARY 11, 2022

Feeling crushed by debt is one of the most stressful situations possible, but there are options. If you find yourself saddled with more debt than you can reasonably pay off in a timely manner, you can always file for bankruptcy. Filing for bankruptcy is a serious step, and one that often has a bit of a negative connotation, as some people worry that it’s a sign they failed in some way, or they might worry that they’ll carry around a financial stigma for a while that will affect their

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Bankruptcy Chapter 13 bankruptcy Debt Consolidation Lawyers 63

PDC Flow

JANUARY 11, 2022

What is contract management? Simply put, contract management is the process of managing the negotiation , creation, sending or receiving of contracts between parties. However, that process will look drastically different for a large corporation with the luxury of a contract manager and staff versus a small business with just a few employees. What does contract management look like within your own company?

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Collections

Account Recovery

JANUARY 11, 2022

After yesterday’s article indicated that there might be increased pressure from Democrats to get President Biden to cancel some of all of the outstanding student loan debt across the country, a published report concluded that the success of the economy in the two years since student loan payments were paused is proof that the economy … The post That Economy Pushes on Without Student Loan Payments is Proof They Can be Canceled: Report appeared first on AccountsRecovery.net.

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Student loans Student Loans Loans 246