Account Recovery

SEPTEMBER 25, 2020

Trying to make heads or tails of how the coronavirus pandemic is affecting the volume of lawsuits filed against collection agencies continues to baffle, according to the latest data released yesterday by WebRecon. In July, where the volume of lawsuits alleging violations of the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and … The post See-Saw Lawsuit Filings Continue in August: WebRecon appeared first on AccountsRecovery.net.

Fair Debt Collection 190

Fair Debt Collection Collection Agencies Collections Agency Collections 190

Enterprise Recovery

SEPTEMBER 25, 2020

A recent report by Freelancer.com revealed that freelance jobs increased over 25% in the 2nd quarter of 2020. With the continuation of uncertainty in the pandemic, employers looking for a more flexible and remote workforce, even replacing some full-time positions with independent workers. Striking out on your own can be daunting but it can be done, and quite successfully.

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Account Recovery

SEPTEMBER 25, 2020

A District Court judge in New York has denied a defendant’s motion to dismiss a class-action lawsuit for allegedly violating the Fair Debt Collection Practices Act by allegedly overshadowing the validation notice when it made a reference to initiating “a review of the inquiry” in a collection letter. A copy of the ruling in the … The post Judge Denies MTD in FDCPA Overshadowing Class Action appeared first on AccountsRecovery.net.

Fair Debt Collection 189

Fair Debt Collection Collections 189

Nerd Wallet

SEPTEMBER 25, 2020

Travelers are taking to the road: 69% of respondents in a recent Shell/Harris Poll survey believe a road trip could help them escape the stresses of COVID-19, and 86% feel that car travel is safer than flying. From coast to coast, hotels are luring road-trippers and staycationers with special packages and deals. Meanwhile, Shell Oil. Ramsey Qubein is a writer at NerdWallet.

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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

SEPTEMBER 25, 2020

A group of 21 consumer advocacy groups yesterday sent a letter to Kathleen Kraninger, the director of the Consumer Financial Protection Bureau, asking the regulator to reconsider guidance it issued earlier in the coronavirus pandemic that said it would be flexible in giving furnishers more than the required 30 days to investigate disputes. Under the … The post Consumer Groups Ask CFPB to Rescind FCRA Dispute Guidance appeared first on AccountsRecovery.net.

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Account Recovery

SEPTEMBER 25, 2020

JUDGE DENIES MTD IN FDCPA OVERSHADOWING CLASS ACTION A District Court judge in New York has denied a defendant’s motion to dismiss a class-action lawsuit for allegedly violating the Fair Debt Collection Practices Act by allegedly overshadowing the validation notice when it made a reference to initiating “a review of the inquiry” in a collection … The post Daily Digest – September 25.

Fair Debt Collection 113

Fair Debt Collection Collections 113

True Accord

SEPTEMBER 25, 2020

In this edition of The Digest, we’re looking towards the future. After all, Q4 is right around the corner, and after that, 2021 will be here before we know it. Here are the headlines we’re thinking about as we look ahead. The future of call centers is remote work , even post-pandemic. According to a recent J.D. Power study , 86% of 124 customer service organizations surveyed say they plan to implement permanent work-from-home models even after the pandemic passes.

Banks 74

Banks Financial services Collections 74

Account Recovery

SEPTEMBER 25, 2020

Attunely, the debt collection startup that uses machine learning to help companies maximize their recoveries, yesterday announced it had raised $9 million in additional financing to help fund its growth. A number of investors were part of this round of financing, including Framework Venture Partners, Anthos Capital, and Vulcan Capital. As part of the deal, … The post Attunely Raises $9M in Funding appeared first on AccountsRecovery.net.

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Startups Collections 113

Nerd Wallet

SEPTEMBER 25, 2020

When booking travel, particularly expensive trips consisting of nonrefundable reservations, it makes sense to consider trip cancellation insurance since it can protect your deposit if your plans do not materialize due to unforeseen events. However, not every reason for canceling a trip will qualify for coverage, so you’ll want to familiarize yourself with the basics.

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Collections

Direct Recovery

SEPTEMBER 25, 2020

The Covid-19 pandemic that started as a couple of weeks at home back in March has slowly consumed more than half of the year, and there is a very good chance that our lives have been forever changed thanks to our time spent in quarantine. No matter how much or how little your personal life has changed over the past few months, there is simply no denying that most of our personal finance budgets are never going to be the same as a result of Covid-19.

Healthcare 40

Healthcare Government 40

Nerd Wallet

SEPTEMBER 25, 2020

Unless a family member is going to pay for your gap year, you might need to get creative in how you finance it. Funding choices depend on the type of gap year you’ll have, with school-based gap year programs often having more payment options than self-directed gap years. Here are four ways to pay for. Cecilia Clark is a writer at NerdWallet. Email: cclark@nerdwallet.com.

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Student loans Student Loans Loans 63

Troutman Sanders

SEPTEMBER 25, 2020

On September 21, 2020, the Consumer Financial Protection Bureau (“CFPB”) announced the settlement of its administrative proceeding against Lobel Financial Corporation (“Lobel”) – a California automobile lender that the CFPB claimed had engaged in unfair practices with respect to its Loss Damage Waiver (“LDW”) product. The action against Lobel alleged multiple violations of the Consumer Financial Protection Act (“CFPA”).

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Loans Collateral Lender 40

Nerd Wallet

SEPTEMBER 25, 2020

If you’re saving for your first home, there’s no shortage of advice out there — some of it questionable, even if you do have an avocado toast habit. Still, it’s true that your down payment may be the biggest check you ever write. But once you move in, it’s also true that the cash tends. Sara Rathner is a writer at NerdWallet. Email: srathner@nerdwallet.com.

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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

Fico Collections

SEPTEMBER 25, 2020

Trust goes both ways – particularly when it comes to customer identity management, and especially in the banking sector. We set out to find out whether banks are in-step with their customers when it comes to how they ensure that those opening accounts are who they say they are, and that people accessing existing accounts are the legitimate account holders.

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Banks Loans 52

Nerd Wallet

SEPTEMBER 25, 2020

Allstate renters insurance is a solid offering from one of the largest insurers in the U.S., covering the basics as well as a few useful extras. You can get an Allstate renters insurance policy online or through the company’s network of local agents, who also sell a variety of other insurance policies and financial products. Sarah Schlichter is a writer at NerdWallet.

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Fico Collections

SEPTEMBER 25, 2020

Trust goes both ways – particularly when it comes to customer identity management, and especially in the banking sector. We set out to find out whether banks are in-step with their customers when it comes to how they ensure that those opening accounts are who they say they are, and that people accessing existing accounts are the legitimate account holders.

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Banks Loans 40

Nerd Wallet

SEPTEMBER 25, 2020

Frontier Airlines offers a lot of value in its rewards program, which recently changed names to Frontier Miles. With its hub in Denver, this ultra low-cost carrier flies to more than 100 cities in the U.S., Canada, Mexico and the Caribbean. In 2020, Frontier will also be introducing 25 new routes with direct flights to. Rand Shoaf is a writer at NerdWallet.

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Collections

NACM

SEPTEMBER 25, 2020

New single-family homes in the U.S. are flying off the market, soaring to a 14-year high, according to the Census Bureau and the Department of Housing and Urban Development. Sales reached a seasonally adjusted annual rate of 1.011 million in August, which is 4.8% higher than July and 43.2% above August 2019.Economists predicted sales would decline.

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Nerd Wallet

SEPTEMBER 25, 2020

Progressive renters insurance policies come from third parties, not from the company. If you need a renters policy for your home or apartment and you already have car insurance with Progressive, it’s worth checking renters rates to see if Progressive’s multipolicy discount can save you money. Progressive renters insurance pros and cons ProCons Offers customers.

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