Account Recovery
MAY 18, 2022
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 25 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.
Consumer Finance
MAY 18, 2022
Today, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule that describes states’ authorities to pursue lawbreaking companies and individuals that violate the provisions of federal consumer financial protection law. Because of the crucial role states play in protecting consumers, the Consumer Financial Protection Act grants their consumer protection enforcers the authority to protect their citizens and otherwise pursue lawbreakers.
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Account Recovery
MAY 18, 2022
Looking to keep its fellow regulators on the same page, the Consumer Financial Protection Bureau has announced a plan to provide guidance to other federal agencies charged with enforcing consumer protection laws like the Fair Debt Collection Practices Act, while also helping companies complying with those laws to have them applied consistently. The CFPB will … The post CFPB Launches Program to Promote ‘Consistent’ Enforcement of Consumer Protection Laws, Including the FDCPA app
Nerd Wallet
MAY 18, 2022
Given high gas prices, it might make sense that your next vacation involves an electric vehicle rather than one that’s gas-powered. Whether you’re renting an electric car for the first time or road-tripping in one that you own, when you travel you’re likely going to want to charge it at the same location you’re staying. Sally French writes for NerdWallet.
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
MAY 18, 2022
APPEALS COURT UPHOLDS RULING IN FAVOR OF CALL CENTER IN AGE DISCRIMINATION CASE The Court of Appeals for the Fifth Circuit has upheld a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Age Discrimination in Employment Act and state law in Texas after the plaintiff accused the … The post Daily Digest – May 18.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 18, 2022
A study that has been published in the American Journal of Preventive Medicine gives companies in the accounts receivable management industry that collect on student loan debt another arrow in their quiver to convince individuals to pay off their debts — if you don’t do it, you have a higher risk of being diagnosed with … The post Student Loan Debt Leads to Higher Chance of Heart Problems Later in Life: Study appeared first on AccountsRecovery.net.
Nerd Wallet
MAY 18, 2022
Not everyone wants to take on the challenge of building a business from the ground up. An attractive alternative can be to step into a business that’s already up and running by purchasing it from the current owner. Some advantages of buying a business may include easier financing, an established customer base and an existing. Lisa Anthony writes for NerdWallet.
Account Recovery
MAY 18, 2022
The Court of Appeals for the Fifth Circuit has upheld a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Age Discrimination in Employment Act and state law in Texas after the plaintiff accused the call center he worked for of passing him over for promotion based on … The post Appeals Court Upholds Ruling in Favor of Defendant in Call Center Age Discrimination Case appeared first on AccountsRecovery.net.
Nerd Wallet
MAY 18, 2022
Managing inventory is a task that can make or break your small business. With too much inventory, profits suffer and storerooms overflow. With too little, items get back-ordered, customers get frustrated and business is lost. And striking a balance is hard, especially with disruptions to the global supply chain in the last few years causing. Dalia Ramirez writes for NerdWallet.
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FFGN COLLECT NY
MAY 18, 2022
Can you use a judgment to restrain a bank account or other assets maintained by a judgment debtor outside of New York state? When it comes to out-of-state debtors, restraining a bank account is possible, but depends on certain factors. Consider the following situation. A New York creditor files suit in New York against a California debtor. The debtor is properly served with the complaint in California and fails to answer the complaint.
Nerd Wallet
MAY 18, 2022
Qualifying for a personal loan can be challenging for anyone, but non-United States citizens have an especially difficult time. Many lenders have strict eligibility requirements in terms of citizenship, leaving non-citizens with limited access to affordable financing. However, some lenders offer personal loans to non-citizens, depending on the details of their immigration and what documentation.
Taurus Collect
MAY 18, 2022
To keep your business afloat, you must thrive on collecting the payment of the products and services your company renders to your customers. The more mature the debt becomes, the more challenging it becomes to manage it. Thus, if your collection demands are unsuccessful, hiring a debt collection agency will significantly help you. When hearing the word “debt collection agency,” most people think about aggressive debt collectors who track down the debtors to collect unpaid bills.
Nerd Wallet
MAY 18, 2022
Like other major U.S. airlines, United provides travel funds for its customers. These can come about as a gift due to a canceled flight or other reasons. However, finding and using these funds isn’t the most intuitive experience. So let’s look at how to apply travel funds on United, where you can find them and. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.
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?
UK debt collections
MAY 18, 2022
More than half of the bad debts written off by a council in the last six months of last year were caused by businesses going bust. East Lothian Council has revealed it wrote off more than £560,000 in debts during the last financial year. However in the six months from October 2021 to March 2022 it said over half of the unpaid £301,954 written off was caused by companies or traders going bust.
Fico Collections
MAY 18, 2022
Winners take the stage. On our fourth and final day at FICO World 2022 last week, 24 of our customers took to the main stage to receive recognition as winners in our FICO Decisions Awards. Company representatives were recognized for their digital transformation success stories with engraved crystal trophies by FICO's executive vice president of software, Stephanie Covert and myself.
Public Citizen
MAY 18, 2022
A Federal Trade Commission Consumer Alert warns about baby-formula scans and offers advice, here.
NACM
MAY 18, 2022
The housing market is showing signs of cooling, as U.S. homebuilding permits dropped to a five-month low last month, Reuters reports. "Homebuilding was already being constrained by soaring prices as well as shortages of materials," the article reads. "The housing market is the sector of the economy most sensitive to interest rates, with building pe.
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