Account Recovery

NOVEMBER 3, 2020

(MADISON, Wis., November 3, 2020) – State is pleased to announce the promotion of Beth Conklin to Director of Training and Organizational Development. Joining State in 2016, Conklin previously served as an Account Executive, managing several key State accounts. She brings more than 25 years of credit and collections industry experience as a collector and production … The post State Promotes Beth Conklin to Director of Training and Organizational Development appeared first on AccountsRecove

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Collections 246

Better Credit Blog

NOVEMBER 3, 2020

Have you been receiving threatening calls and letters from a company called Advanced Collection Services? You likely have an old debt hanging over your head that they are trying to collect payment on. Advanced Collection Services is a debt collector that works on behalf of other companies to get people to pay up on their old debts. The problem is that sometimes they get information wrong and try to collect the wrong amount or from the wrong person.

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Account Recovery

NOVEMBER 3, 2020

An individual in Florida has filed a lawsuit accusing a company of violating the Telephone Consumer Protection Act by making debt collection calls to the plaintiff’s cell phone after he had revoked consent to be contacted and told the defendant he intended to file for bankruptcy protection and asked the defendant to contact his attorney … The post Collection Calls Subject of TCPA Complaint appeared first on AccountsRecovery.net.

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Collections Bankruptcy 246

Nerd Wallet

NOVEMBER 3, 2020

For about six months beginning in January, James Hulett’s garage became his home office. His company sent him home earlier than most workplaces in an effort to keep the coronavirus from spreading. “I have a 3-year-old son who’s way into tools, so he would be [in the garage] finding tools to take them inside and. Annie Millerbernd 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

NOVEMBER 3, 2020

JUDGE GRANTS PRELIMINARY APPROVAL OF SETTLEMENT IN FDCPA CLASS ACTION A District Court judge in Texas has granted preliminary approval of a settlement in a Fair Debt Collection Practices Act class-action lawsuit after a collection agency was accused of sending letters that offered individuals a limited time settlement offer on an unpaid medical debt without … The post Daily Digest – November 3.

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Fair Debt Collection Collections Collection Agencies Collections Agency 246

Account Recovery

NOVEMBER 3, 2020

A working group comprised of members from different branches of state and federal government lauded the “considerable progress” that has been made in halting the “scourge of unlawful robocalls plaguing the American public” in a report to Congress required under the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act.

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Government 208

Debt

NOVEMBER 3, 2020

A pink slip can be a traumatic experience but losing your employer-provided health insurance is nothing short of devastating. Since the coronavirus pandemic erupted in early 2020, tens of millions of workers lost both a paycheck and health coverage, hitting them with a double whammy of financial hardship from COVID-19. America is among very few… The post I Lost My Health Insurance, Now What?

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Account Recovery

NOVEMBER 3, 2020

A District Court judge in Texas has granted preliminary approval of a settlement in a Fair Debt Collection Practices Act class-action lawsuit after a collection agency was accused of sending letters that offered individuals a limited time settlement offer on an unpaid medical debt without disclosing that the statutes of limitation had expired and were … The post Judge Grants Preliminary Approval of Settlement in FDCPA Class Action appeared first on AccountsRecovery.net.

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Nerd Wallet

NOVEMBER 3, 2020

In more than one-third of U.S. families, parents decide how to pay for college, according to a July 2020 report from private lender Sallie Mae. Half of those parents don’t inform the child of their decision. Joe Allen, 51, of Frederick, Maryland, did talk about college costs with his daughter, a freshman at the University. Ryan Lane is a writer at NerdWallet.

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Student loans Student Loans Loans Lender 68

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Collections

Account Recovery

NOVEMBER 3, 2020

Encore Capital Group reported record collections in the third quarter in its American subsidiary, which helped boost the company’s overall net income to $73.5 million for the period, 41% higher than the same quarter last year. The company also touted its readiness to comply with the new debt collection rule from the Consumer Financial Protection … The post Record Collections Fuel Higher Earnings at Encore; CEO Shares Perspective on Debt Collection Rule appeared first on AccountsRecov

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Collections 147

Nerd Wallet

NOVEMBER 3, 2020

The only thing worse than hidden hotel fees is trying to figure out how they work. What are resort fees? How much do they cost? How much will it cost to bring a pet? Or park my car? To help make sense of these complex policies, we compared fees at dozens of hotels across major. Sam Kemmis is a writer at NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif.

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Debt

NOVEMBER 3, 2020

If the biggest employee benefit you receive is when your company bothers to fill the toilet paper rolls in the employee bathroom, you might not want to read this: Google is paying off student loans for its employees. Well, it’s not wiping out the debt entirely, but the company recently announced it would match up… The post Google Is the Latest Company to Offer Student Loan Repayment Benefits appeared first on Debt.org.

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Student loans Student Loans Loans 52

Nerd Wallet

NOVEMBER 3, 2020

The Bank of America® Platinum Plus® Mastercard® Business credit card is a no-annual-fee credit card aimed at small businesses. While there’s not a ton in the name of perks (you won’t earn rewards for spending), between the lack of annual fee, a tidy little sign-up bonus and a few other benefits, the Bank of America®. Sally French is a writer at NerdWallet.

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Banks 57

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

Troutman Sanders

NOVEMBER 3, 2020

The Fair and Accurate Credit Transactions Act (“FACTA”) forbids sellers who accept credit cards from including more than the last five digits of a buyer’s credit card number on a purchase receipt. Yet including more than those five digits will not, by itself, make a seller liable under FACTA, according to a decision issued by the Eleventh Circuit Court of Appeals on October 28, 2020.

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Nerd Wallet

NOVEMBER 3, 2020

If you’re thinking about hitting the road this holiday season, Citi’s new rewards redemption option might make your trip a little easier. As part of the issuer’s Shop with Points program, holders of qualifying Citi cards that earn ThankYou points will now be able to redeem those points toward gas at Shell, BP and Amoco stations. Eligible. Funto Omojola is a writer at NerdWallet.

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Debt

NOVEMBER 3, 2020

If the biggest employee benefit you receive is when your company bothers to fill the toilet paper rolls in the employee bathroom, you might not want to read this: Google is paying off student loans for its employees. Well, it’s not wiping out the debt entirely, but the company recently announced it would match up […]. The post Google Is the Latest Company to Offer Student Loan Repayment Benefits appeared first on Debt.org.

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Student loans Student Loans Loans 52

Nerd Wallet

NOVEMBER 3, 2020

American Express and Delta offer an entry-level credit card worth checking out: The Delta SkyMiles® Blue American Express Card. If you occasionally fly with Delta and are looking for a simple travel credit card, the Delta SkyMiles® Blue American Express Card includes some solid rewards — including a few new perks that might pique your. Christie Olsen is a writer at NerdWallet.

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Collections

Payment Savvy

NOVEMBER 3, 2020

Being an entrepreneur, you may wonder what a merchant account is. Generally speaking, a merchant account makes it possible for a business to accept credit or debit card payments. A company must provide various requested business documentation and apply to a merchant bank for a payment processing account. . These days, every industry benefits from offering cash and paper check alternatives for payment.

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Banks 52

Credit Management Company

NOVEMBER 3, 2020

It is no secret that Coronavirus (COVID-19) has shaken up just about every industry. However, it would be an understatement to say that it has especially affected the healthcare industry. Because the virus is so new—having only been introduced in 2019—there has been an abundance of confusion around it. At the beginning of the year, healthcare officials were not even sure masks would help protect the population.

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PDC Flow

NOVEMBER 3, 2020

This article was written by Joann Needleman, Leslie C. Bender and Ann E. Lemmo. It was originally published by Clark Hill Law and is republished here with permission. The long-awaited Final Rule (Regulation F) for the Fair Debt Collection Practices Act (FDCPA) was issued Friday afternoon, concluding a seven-year rulemaking process. In its official press release, the Consumer Financial Protection Bureau’s (CFPB or Bureau) Director, Kathleen Kraninger, stated that “Our debt collection rulem

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Debt collector Collections Fair Debt Collection Education 52

Troutman Sanders

NOVEMBER 3, 2020

Thursday, November 12, 2020 • 2:00 – 3:00 p.m. ET. Click here to register. On October 30, 2020, the CFPB released its long-awaited final debt collection rule—also known as Regulation F. This webinar – led by attorneys David Anthony, Jonathan Floyd, John Lynch, Ethan Ostroff, and Alan Wingfield – will discuss important takeaways for the debt collection industry and next steps for interested parties working to understand and comply with its provisions.

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Collections 52

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

Micro Bilt

NOVEMBER 3, 2020

Instant Bank Verification has a lot to offer lenders of every type. It is especially useful, though, for lenders who specialize in the types of loans identity thieves frequently target.

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Consumer Credit Lender Banks Loans 52

Burr Forman

NOVEMBER 3, 2020

For the upcoming five years, Birmingham Partner Norman Orr will serve on the School of Business Advisory Board at Ole Miss. The purpose of the Advisory Board is to support the goals and mission of the School of Business. The members of the Board represent a diverse cross-section of the business community with members representing professionals from the public, commercial and not-for-profit sectors.

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Acquisition 40

Credit Corp

NOVEMBER 3, 2020

Being a mom of two, I’ve always known how rewarding motherhood was, but I wasn’t quite ready for the challenges of juggling it all on one income. Recently divorced, I found myself starting from scratch and having to cover the entire bill. I never thought this would be my life, so I didn’t plan for it. One failed marriage down—and a bunch of debt from it—my emergency fund was depleted.

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