Thu.Nov 03, 2022

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Judge Lowers Fee Award in FDCPA Case

Account Recovery

A District Court judge in Pennsylvania has lowered the fee award in a Fair Debt Collection Practices Act case, almost ending up exactly in the middle between the amount sought by the plaintiff and the amount suggested by the defendant. A copy of the ruling in the case of Bush v. LVNV Funding can be … The post Judge Lowers Fee Award in FDCPA Case appeared first on AccountsRecovery.net.

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What the November Fed Rate Increase Means for Your Bank Accounts

Nerd Wallet

Your savings account rate might change for the better this November. The reason? The Federal Reserve raised the federal funds rate by three-quarters of a percentage point, or 0.75%, on Nov. 2, marking the sixth increase of this rate in 2022. After a Fed rate increase, banks and credit unions tend to raise rates on. Spencer Tierney writes for NerdWallet.

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Four Data Breaches in Five Years Leads to FTC Enforcement Action

Account Recovery

The Federal Trade Commission has issued a Consent Order against a company that was accused of “lax” data security practices that resulted in four data breaches during the past five years, exposing the information for millions of individuals. The order does not include a monetary penalty, but requires the company to bolster its information security … The post Four Data Breaches in Five Years Leads to FTC Enforcement Action appeared first on AccountsRecovery.net.

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What Are Your Employee Benefits Really Worth?

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Benefits make up more than 30% of the typical job’s compensation, according to the U.S. Bureau of Labor Statistics.

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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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Getting to Know Christine Scrivener of Spring Oaks Capital

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Christine Scrive

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What Comes After Omnichannel Communications

Account Recovery

Remember those days back when you used to make phone calls? There were likely times where you had something you wanted to share with someone who didn’t want to speak to you and as soon as that person picked up the phone, you would say something like, “Wait, please don’t hang up” instead of saying … The post What Comes After Omnichannel Communications appeared first on AccountsRecovery.net.

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Fidelity’s Crypto Platform Opens Soon. Will It Be Any Good?

Nerd Wallet

Fidelity Investments on Thursday opened the waiting list for its new crypto service for individual investors, a move that could introduce digital assets for the first time to the company’s approximately 40 million individual clients. Fidelity Crypto could be an appealing offering for investors who are curious about cryptocurrency and already know and trust Fidelity.

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Daily Digest – November 3. Getting to Know Christine Scrivener of Spring Oaks Capital; Judge Lowers Fee in FDCPA Case

Account Recovery

GETTING TO KNOW CHRISTINE SCRIVENER OF SPRING OAKS CAPITAL Being comfortable saying uncomfortable things. That may describe Christine Scrivener in a nutshell. Whether it be admitting that she doesn’t know something — but likely has already started remedying that — or being comfortable saying “no” to someone, she’s not afraid of being honest. That commitment … The post Daily Digest – November 3.

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5 Things to Know About the Lane Bryant Credit Card

Nerd Wallet

The Lane Bryant clothing brand has featured a number of slogans over the years, including “Nobody fits you like Lane Bryant.” Unfortunately, the Lane Bryant Credit Card doesn’t really measure up. It suffers from drawbacks that are all too common among store credit cards, including a sky-high APR (29.99% as of this writing), poor rewards. Jae Bratton writes for NerdWallet.

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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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Debt Collection: Have We Learned the Lessons of the Last Crises?

Fico Collections

Home. Blog. FICO. Debt Collection: Have We Learned the Lessons of the Last Crises? While the current series of economic shocks may seem "unprecedented", there are clear lessons from past crises that should shape our collections strategies today. FICO Admin. Tue, 07/02/2019 - 02:45. by Bruce Curry. Senior Principal Consultant. expand_less Back To Top.

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MetLife Homeowners Insurance Review 2023

Nerd Wallet

MetLife homeowners insurance policies now come from Farmers Insurance, which acquired MetLife’s auto and home insurance business in April 2021. If you previously had a MetLife homeowners policy, you’ll now see branding from Farmers or Foremost (a subsidiary of Farmers) on your insurance documents. You can no longer use the MetLife mobile app to manage.

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FTC Consent Order With Auto Dealer and Proposed Rule

Troutman Sanders

Please join Troutman Pepper Partner Chris Willis and his guest and colleague Brooke Conkle as they discuss the Federal Trade Commission’s (FTC) recent consent order with Passport Auto Group. The FTC alleged Passport violated the law in three areas: Passport had a practice of marking up fees from the advertised price; Passport had a discretionary markup practice that caused Black and Latino customers to pay higher fees; and it charged Black and Latino customers additional fees for markups for ext

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The Guide to Marriott Gold Elite Status

Nerd Wallet

Marriott is the largest hotel brand in the world, so there’s a good chance you can find one of Marriott’s 8,000+ properties if you are traveling in the 139 countries and territories within the brand’s global footprint. Marriott’s loyalty program, Marriott Bonvoy, rewards travelers who frequently stay at the company’s 30 brands. The more you. Aaron Hurd 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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Housing market in the United States headed for major slowdown

Collection Industry News

U.S. home prices are finally falling from record highs notched earlier this year, and they are likely to see even steeper declines in coming months as the Federal Reserve ratchets up its fight against inflation. Prices are already posting the most significant monthly declines since the 2009 housing crash, according to a new release from Black Knight Data & Analytics.

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Square Fee Calculator

Nerd Wallet

Square charges fees to process payments. The fees vary as follows based on whether your customer pays you online, in person or via electronic invoice: 2.6% plus 10 cents for in-person transactions (2.5% plus 10 cents with Retail Plus plan). 2.9% plus 30 cents for online transactions or invoices without a card on file (2.6%. Tina Orem writes for NerdWallet.

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Glacier National Park 3-Day Itinerary

Nerd Wallet

Glacier National Park in Montana is one of the most popular and picturesque national parks in the U.S. for a reason. With the park’s stunning hikes, colorful wildflowers, towering peaks and cascading waterfalls, there’s so much to do and see. So if you’re ready to start planning a trip, here’s how to spend three days. Alisha McDarris writes for NerdWallet.

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Bitcoin Bubble: Definition and What Investors Need to Know

Nerd Wallet

Some investors argue that Bitcoin, in general, is a bubble. Financial bubbles can be found throughout history — with tulips in the 17th century and internet stocks in the late ’90s. They’re often seen only in hindsight. Until one pops, it’s tricky to distinguish a bubble from businesses that are merely volatile or growing quickly. Kurt Woock writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

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.

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The Guide to Delta Basic Economy

Nerd Wallet

Are you willing to accept a bare-bones airplane experience if it means saving money? Basic economy seating on Delta Air Lines offers a less expensive way to fly, but it does have fewer perks than a regular main cabin ticket. You might be wondering: does it include a carry-on? Am I even guaranteed a seat? Anya Kartashova writes for NerdWallet. Email: travel@nerdwallet.com.

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Southwest Credit Card Bonuses Get a Boost

Nerd Wallet

Southwest Airlines is giving flyers an early holiday gift this year. The airline’s suite of credit cards, issued by Chase, have long been popular with frequent Southwest flyers. Starting Nov. 3, 2022, Chase is boosting the bonus for all new cardholders of Southwest consumer credit cards: Earn 75,000 bonus points after spending $3,000 on purchases. Craig Joseph writes for NerdWallet.

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How Much Do Brake Pads Cost?

Nerd Wallet

The cost of replacing a set of brake pads ranges from $115 to $270, depending on your location and vehicle. But several factors can affect the total cost. For example, while brake pads are meant to last at least 25,000 miles, the quality of the parts and how you drive your vehicle determine how often. Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com.

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