Fri.Dec 17, 2021

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Judge Grants MTD on Remanded Case Over Lack of Standing

Account Recovery

A District Court judge in Ohio has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case because claiming statutory damages is not enough of a concrete injury for the plaintiff to have standing to sue. A copy of the ruling in the case of Portnoy v. National Credit Systems can be … The post Judge Grants MTD on Remanded Case Over Lack of Standing appeared first on AccountsRecovery.net.

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Your Holiday Gifts Still Haven’t Arrived. Now What?

Nerd Wallet

You placed an order last week and still haven’t received the shipping confirmation. Or maybe the package is in transit, but its location hasn’t been updated in days. The supply chain issues that experts warned us about heading into the holiday shopping season have materialized. There’s a real possibility that your gifts won’t arrive in. Lauren Schwahn writes for NerdWallet.

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Commercial Collection Agencies of America Gives Back

Account Recovery

December 15, 2021-Chicago-Commercial Collection Agencies of America announced that through its initiative, Commercial Collection Agencies of America Gives Back, a portion of the proceeds of its annual conference in Delray Beach, along with substantial donations from individual members, and a fleet of bicycles has been given to 4KIDS of South Florida.

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Will your cancer remission lead to aggressive medical collections?

Roths Child Law

Many patients develop a sort of tunnel vision after a diagnosis with cancer. The only thing that matters is achieving remission or having a scan done that shows they are cancer-free. They may suffer through painful treatments and months of chemotherapy to achieve remission. For many people, the victory lap after beating cancer gets cut short when financial reality comes calling.

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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.

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CFPB Opens Inquiry into Buy Now Pay Later Offerings

Account Recovery

The Consumer Financial Protection Bureau announced yesterday that it is shining its regulatory spotlight on a growing form of credit in the financial services industry — Buy Now Pay Later (BNPL) companies — and sent inquiries to five of the major providers asking for information “to illuminate the range of these consumer credit products and … The post CFPB Opens Inquiry into Buy Now Pay Later Offerings appeared first on AccountsRecovery.net.

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Daily Digest – December 17. Judge Grants MTD in Remanded Case Over Lack of Standing; CFPB Opens Inquiry Into BNPL

Account Recovery

JUDGE GRANTS MTD IN REMANDED CASE OVER LACK OF STANDING A District Court judge in Ohio has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case because claiming statutory damages is not enough of a concrete injury for the plaintiff to have standing to sue. CFPB OPENS INQUIRY INTO BUY NOW … The post Daily Digest – December 17.

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Winter Storms, COVID: How to Change a Flight Last-Minute

Nerd Wallet

Rerouting, rebooking, diverting, you name it. Making last-minute flight changes can be an enormous stressor amid an already stressful holiday travel season. Hundreds of flights have already been canceled last-minute due to pandemic-related staffing shortages. Perhaps a coronavirus variant surge forces you to cancel your trip. Or what if a winter snowstorm prevents you from.

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Beam Software Backs RMAI 2022 Annual Conference with Gold Sponsorship

Account Recovery

December 15, 2021 (Sacramento, CA)?– Beam Software continues to invest in the receivables management industry through their gold sponsorship of the Receivables Management Association International (RMAI) Annual Conference, occurring February 7-10, 2022 in Las Vegas. The RMAI Annual Conference is the premier event for the receivables management industry, bringing together key participants including debt buying … The post Beam Software Backs RMAI 2022 Annual Conference with Gold Sponsorship

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What To Know About Getting Pre-Approved For A Car Loan

Better Credit Blog

If you’ve been considering buying a new car, but you’ve hesitated because you worry it will be expensive or the process of securing a loan will be too difficult, take heart. There are several steps you can take to get the best possible deal and make getting a loan, and eventually a car, a smoother process. One of the best steps you can take for yourself is to get pre-approved for an auto loan.

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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.

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Bill Introduced in House to Double Anti-Spoofing Fines

Account Recovery

A bill has been introduced in the House of Representatives that would double the penalty for companies found to be manipulating the information on Caller ID as a means of combatting illegal robocalls. The bill, H.R. 6320, was introduced yesterday by Rep. Tom Rice [R-S.C.], and is a companion bill to one that was introduced … The post Bill Introduced in House to Double Anti-Spoofing Fines appeared first on AccountsRecovery.net.

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Freeway Auto Insurance Review 2022

Nerd Wallet

Freeway Insurance is a national chain that focuses on auto insurance for drivers considered “high risk,” such as those with at-fault wrecks, tickets or DUIs on their records. Freeway isn’t an insurance company and doesn’t underwrite its own insurance policies. Instead, Freeway’s insurance brokers check with several insurers to get quotes for you. Having someone shop.

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Regulators: Credit Unions Can Partner With Digital Asset Providers

Troutman Sanders

The National Credit Union Administration (NCUA) — the federal regulator that oversees credit unions — announced that credit unions may partner with third-party digital asset service providers to give members access to cryptocurrencies and other digital assets. Under the new guidance, credit unions could partner with a third-party to allow members “to buy, sell, and hold various uninsured digital assets with the third-party provider outside of the [federally insured credit union].”.

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You Can Now Spend Your Way to Southwest A-List: Here’s Why You Shouldn’t

Nerd Wallet

Southwest has made a slight tweak to its terms and conditions that has potentially significant implications for those hoping to earn Southwest A-List elite status. Now, you can spend your way to A-List status on Southwest — without even setting foot on a plane. For years, eligible Southwest credit card holders have been able to. JT Genter writes for NerdWallet.

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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?

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December Newsletter: How the Crisis Dogs of Sandy Hook Taught Us All How To Be The People Dogs Think We Are

Jimerson Firm

Featured in the December 2021 Issue: . Partner’s Perspective: How the Crisis Dogs of Sandy Hook Taught Us All How To Be The People Dogs Think We Are. Jimerson Birr Ranked Among Fastest Growing Law Firms. Last Chance to Vote for Jimerson Birr in the Florida Community Association Journal’s Reader’s Choice Awards. Attorney Bryan M. Davis Joins Jimerson Birr.

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FTC initiates rulemaking to combat spike in impersonation fraud

Public Citizen

The Federal Trade Commission has launched a "rulemaking aimed at combatting government and business impersonation fraud, a pernicious and prevalent problem that has grown worse during the pandemic. Impersonators use all methods of communication to trick their targets into trusting that they are the government or an established business and then trade on this trust to steal their identity or money.

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Consumer Reports: Guide to returning gifts

Public Citizen

Consumer Reports has this guide to retailers with the best and worst return policies.

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