Mon.May 10, 2021

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Collector Under Investigation Now Facing Civil Suit

Account Recovery

A debt collector in Buffalo who is allegedly being investigated by authorities now has a civil lawsuit to defend himself against, who denies any wrongdoing and that he is being unfairly targeted to the point where he has made the decision to get out of the debt collection business, according to a published report. Mark … The post Collector Under Investigation Now Facing Civil Suit appeared first on AccountsRecovery.net.

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QuickBooks Live Bookkeeping Review for 2021

Nerd Wallet

QuickBooks Live Bookkeeping is an add-on for QuickBooks Online that does exactly what the name suggests: It connects QuickBooks clients to QuickBooks-certified bookkeepers for personalized, real-time support. This service can be a major help for business owners who don’t have the time to keep their own books and who want the hands-on, human support that a basic, Billie Anne Grigg writes for NerdWallet.

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SDNY Judge Grants Motion for Defendant in FDCPA Case Over Issues with Letter

Account Recovery

A District Court judge in New York has granted a defendant’s motion for judgment on the pleadings after it was sued for allegedly violating the Fair Debt Collection Practices Act when it mentioned in a letter that an account may be placed with an attorney “for possible legal action” and that it did not specify … The post SDNY Judge Grants Motion for Defendant in FDCPA Case Over Issues with Letter appeared first on AccountsRecovery.net.

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How to Start a Dog Walking Business

Nerd Wallet

If you’ve ever dreamed of spending your day in the fresh air, surrounded by furry, four-legged co-workers, then you’ve likely wondered how to start a dog walking business. After all, starting a dog walking business is just about the opposite of your typical office job–you get to spend time outside, stay active, and of course, Brian O'Connor writes for NerdWallet.

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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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Daily Digest – May 10. SDNY Judge Grants Motion for Defendant in FDCPA Case; House Preps Vote on Key Collection Bill

Account Recovery

SDNY JUDGE GRANTS MOTION FOR DEFENDANT IN FDCPA CASE OVER ISSUES WITH LETTER A District Court judge in New York has granted a defendant’s motion for judgment on the pleadings after it was sued for allegedly violating the Fair Debt Collection Practices Act when it mentioned in a letter that an account may be placed … The post Daily Digest – May 10.

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House Preps Vote on Key Debt Collection Bill

Account Recovery

The House of Representatives appears to be gearing up to vote on a number of bills, including a package of proposed legislation that would address how debts are collected across the country, and ACA International has started an effort to mobilize the industry encouraging members of Congress to vote no on the measure. A published … The post House Preps Vote on Key Debt Collection Bill appeared first on AccountsRecovery.net.

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Navigating Car Insurance as a Transgender or Nonbinary Driver

Nerd Wallet

Applying for car insurance isn’t exactly glamorous, but for most people it’s fairly straightforward. For transgender or nonbinary drivers, however, one part of the application — selecting a gender — can pose a distinct challenge. That’s because nonbinary and transgender people often don’t have the freedom to choose the gender they identify with, something others.

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Compliance Digest – May 10

Account Recovery

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.

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SBA Loan Requirements: Does Your Business Meet the Criteria to Qualify?

Nerd Wallet

SBA loan requirements vary based on the lender and the individual loan program. In general, however, you’ll need to meet some basic criteria from the U.S. Small Business Administration — like operating in an eligible industry — and have good credit and strong financials to qualify for these small-business loans. Here’s what you need to. Randa Kriss 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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Report Calls Out Donations From ARM Industry to Sen. Who Voted Against Min. Wage Hike

Account Recovery

A published media report is tying donations made by political action committees, including one controlled by ACA International, to a decision made by Sen. Kyrsten Sinema [D-Ariz.] to vote against an amendment to a bill that would have doubled the national minimum wage to $15 per hour. Three days after Sen Sinema voted no on … The post Report Calls Out Donations From ARM Industry to Sen.

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A Tax Guide for Small-Business Owners

Nerd Wallet

The tax filing deadline is quickly approaching. Due to the pandemic, most businesses have until May 17 to file their returns this year. In a perfect world, you’d be thinking about tax prep year-round, keeping records organized to help ease your burden, mentally and financially, come tax time. But 2020 wasn’t a perfect year. Whether. Kelsey Sheehy writes for NerdWallet.

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University calls in Private Debt Collectors for help

UK debt collections

Bristol University is reported to be turning to a Private Debt Collection Agency for help. The University of Bristol has called in Private Debt collectors to help recover unpaid rent from students that have been on ‘rent strike’ The university’s standard procedure for unpaid debts is to pass any on the third party private debt collectors after 12 months.

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New U.S. Bank Altitude Connect Credit Card Offers 4X Back on Travel and Gas

Nerd Wallet

U.S. Bank has launched a new credit card that might be an ideal road-trip card, offering 4 points per $1 spent on travel and gas purchases in addition to other useful bonus categories. The new U.S. Bank Altitude Connect Visa Signature Card is the latest addition to the bank’s lineup of Altitude-branded travel credit cards. Gregory Karp 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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UK Credit Market Report March 2021: Early Warning Signs

Fico Collections

Our analysis of UK card trends for March 2021 shows a big change in spending and financial management in the last 12 months. The average spend per card is lower but the average amount spent over a card’s limit is 25 percent higher. The latest data suggests that the downward trend for those facing debt issues continues to be masked by those whose financial status has improved during lockdowns.

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Smart Money Podcast: Free Health Insurance and Finding Scholarships

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about a provision in the American Rescue Plan that qualifies millions of Americans for free or lower cost health insurance. Then we pivot to this week’s question from Brittany in Oregon. They asked: “My questions.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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Withholding Tax: Everything You Need to Know

Nerd Wallet

Withholding tax may sound like a new concept, but there’s a good chance you’ve already dealt with it: As the name implies, it is withheld from most employees’ paychecks. The important thing is to make sure you’re having the right amount taken out. What is withholding tax? Withholding tax is the income tax your employer. Alana Benson 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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Why won’t people just pay their invoices on time!?

Debtor Daddy

It’s a lament I’ve heard countless times from business owners and office administrators. Though, curiously I’ve never heard it from larger businesses with a finance team of 10 or more. For some reason, larger businesses have a much more pragmatic view of late payment. It is more viewed as a fact of life – so you manage it, and manage it well. After all, the larger business has the resources to do it well.

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Grand Hyatt Baha Mar in Nassau, Bahamas Review

Nerd Wallet

The resort destination of Baha Mar includes numerous shops, restaurants and hotel properties, although the largest, Grand Hyatt Baha Mar, is a favorite of visitors because of its participation in World of Hyatt. Other hotels in the 1,000-acre entertainment and gaming resort complex include Rosewood and SLS. Grand Hyatt Baha Mar is a World of. Ramsey Qubein writes for NerdWallet.

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District Court Departs from Supreme Court Plurality to Find Government-Debt Collector Retroactively Liable Under TCPA — But Rejects Statutory Damages

TCPA

For nearly five years, the TCPA explicitly excluded from liability calls made to collect government-backed debt. Naturally, government debt collectors relied on this exception and called debtors without fear of TCPA liability.

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How to Start a Food Business: A Step-by-Step Guide

Nerd Wallet

For many food-lovers, the ultimate dream is to open up their own food business. What many people don’t realize in the beginning is that starting a food business is no easy feat. There’s a lot of business operational skills that are necessary to get started. Don’t worry, though: This step-by-step guide will walk you through. Page Grossman writes for NerdWallet.

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The Power of Storytelling in Risk Management

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.

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Prepared Remarks of Acting Director Dave Uejio at the National Association of Attorneys General Spring Consumer Protection Conference

Consumer Finance

Acting Director Dave Uejio remarks at the National Association of Attorneys General Spring Consumer Protection Conference.

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The Points Collector’s Guide to Qantas Airlines

Nerd Wallet

Though it may not be very well known among U.S. travelers, Qantas is Australia’s largest airline for both domestic and international travel. It was founded over a century ago, with an acronym for Queensland and Northern Territory Aerial Services. We’ll cover what you need to know in our guide to Qantas, from how to earn. Amanda Johnson writes for NerdWallet.

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Prosperity Now Newsletter: Tax Day Can Be a Step Toward Stability

Prosperity Now

From Our President & CEO Dear Friends, May is Asian American and Pacific Islander Heritage Month.

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Fattmerchant Review for 2021: Pricing, Features, Alternatives

Nerd Wallet

Since its founding in 2014, Fattmerchant has stood out with its subscription-based pricing and 0% markup. This merchant service provider is a good fit for mid-sized companies or larger that are processing a decent amount of money per month. It’s also a great, affordable option if you don’t need to purchase multiple subscriptions to accommodate different.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.