Account Recovery
MAY 30, 2023
Putting perhaps the final nail in the moratorium on student loan payments is a clause in the deal worked out between President Joe Biden and House Speaker Kevin McCarthy to suspend the debt ceiling that ends the pause within 60 days after June 30 once the bill is signed into law.
Credit Corp
MAY 30, 2023
Bankruptcy can happen to anyone—despite their best efforts. And while most people understand that bankruptcy is generally bad for them, many don’t realize the details of how it can impact you. Read below to find out what happens to your credit score after bankruptcy and what you can do to repair your credit afterward. What Happens to Your Credit Score after Bankruptcy?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Account Recovery
MAY 30, 2023
LAWSUIT ACCUSES COLLECTOR OF FAILING TO HONOR AGREEMENT BECAUSE PAYMENT WAS TWO DAYS LATE A plaintiff has filed a Fair Debt Collection Practices Act lawsuit against a defendant for holding the plaintiff to the letter of a settlement agreement, claiming that the defendant violated the statute and breached an agreement between the two parties because …
Consumer Finance
MAY 30, 2023
The Consumer Financial Protection Bureau (CFPB) has ordered installment lender OneMain Financial to pay $20 million in redress and penalties for failing to refund interest charged to 25,000 customers who cancelled purchases within a purported “full refund period,” and for deceiving borrowers about needing to purchase add-on products to receive a loan.
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 30, 2023
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 30, 2023
The governor of Texas has signed a bill into law that will require hospitals and health care facilities send patients a written, understandable itemized invoice prior to placing the account with a debt collector. The law is scheduled to go into effect on September 1.
Credit Corp
MAY 30, 2023
The number on your credit card is more than a passcode to payments when you swipe your card. Many of the digits have a specific meaning. Find out what a credit card number is, what it means, and why it matters. In This Piece What Is a Card Number? How to Tell the Credit Card Type by the First Four Digits Finding the Right Credit Card What Is a Card Number?
Account Recovery
MAY 30, 2023
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
Credit Corp
MAY 30, 2023
Are you quickly approaching the limit of your unemployment benefits? We’ve created a quick guide here to help walk you through your next steps. In this article, we’ll show you how to create a financial action plan, and then we’ll guide you through the latest extension to unemployment benefits. Finally, we’ll explain a few government-sponsored programs, some of which could help you make ends meet.
Advertisement
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.
Account Recovery
MAY 30, 2023
Is this yet another sign that the attack on standing has reached its tipping point?
Credit Corp
MAY 30, 2023
A judgment is an order issued by a judge or jury to settle a lawsuit. This decision details the rights, responsibilities, and obligations of each party. For example, if you fail to pay a debt, the lender can take you to court. In this case, the judge may order you to pay the other party as part of the court’s final judgment. The order can be issued in one of two forms: A monetary judgment: A judgment that orders one party to pay the other party a specific amount of money.
BN Lawyers
MAY 30, 2023
Barron & Newburger is pleased to announce that Francesca A. Di Troia, Senior Counsel, was selected for the 2023 Texas Rising Stars list of exceptional young attorneys illustrating the firm’s strong commitment to civil litigation matters. Rising Stars is the result of an exhaustive ranking service based on a statewide survey, peer nominations, and independent research of Thomson Reuters.
Credit Corp
MAY 30, 2023
Credit card debt is reaching record highs. Many people struggle with cost of living increases paired with financial instability and other debts, leaving them to make ends meet by using credit cards. And while credit can be an essential tool for solving some financial issues, it can also become an issue itself. Too much credit card debt can weigh you down with payments and lower your credit score, making it harder to achieve goals such as buying a car or house.
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?
BN Lawyers
MAY 30, 2023
Here’s the latest risk management guidance, published on April 2023, from B&N’s Attorneys Risk Management practice group. Managing the Risk to Client Funds Arising from Bank Failure – April 2023 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.
Collection Industry News
MAY 30, 2023
Nearly two years after the Supreme Court’s 2021 decision in Transunion v. Ramirez , courts and litigants continue to grapple with standing issues in Fair Debt Collection Practices Act (FDCPA) cases brought by plaintiffs alleging intangible harms to reputation and privacy interests. Prominent among these post-Ramirez FDCPA cases was Hunstein v.
NACM
MAY 30, 2023
NACM's Professional Certification Program gives credit professionals the tools they need to excel in their careers. Not only can credit professionals earn a designation, but those who go above and beyond are recognized for their dedication."Deciding to earn my CBA was a great step in learning more about the credit world and brought more depth to m.
Expert insights. Personalized for you.
130 
Let's personalize your content