Account Recovery

AUGUST 13, 2021

The Attorney General of Georgia has announced a settlement with a company that was accused of violating the Fair Debt Collection Practices Act and state law in Georgia that will see the company turn over $19.8 million worth of accounts and pay a fine of $41,500. A copy of the settlement can be accessed by … The post Debt Collector to Turn Over $20M in Accounts Under Settlement With Georgia AG appeared first on AccountsRecovery.net.

Debt collector 246

Debt collector Fair Debt Collection Collections 246

Enterprise Recovery

AUGUST 13, 2021

While it's true that no one could have predicted the pandemic, entrepreneurs started 4 million new businesses in 2020. E-commerce and other online services saw a boom as brick-and-mortar businesses shut down. Then, just as it seems like the world would reopen, the Delta variant has business owners trying to decide what to do next. If you're wondering how to grow your business during this pandemic, keep going with these tips.

246

246

Account Recovery

AUGUST 13, 2021

Credit card lenders and financial institutions are apparently a little leery of the state of the economy and consumer’s ability to meet their financial obligations and are keeping balance limits largely stationary for the time being, except for one group of consumers — and it’s probably not the group you would guess — according to … The post Credit Card Limits Back on Rise For Most Types of Consumers: CFPB appeared first on AccountsRecovery.net.

Financial Institution 246

Financial Institution Lender 246

Nerd Wallet

AUGUST 13, 2021

As your financial and professional lives become more complex, going it alone will only get you so far. We all need advice, encouragement and a sounding board from time to time. Leaning on family and friends can help, but it can be difficult for loved ones to give you objective advice. That’s why you need. Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com.

110

110

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

AUGUST 13, 2021

DEBT COLLECTOR TO TURN OVER $20M IN ACCOUNTS UNDER SETTLEMENT WITH GEORGIA AG The Attorney General of Georgia has announced a settlement with a company that was accused of violating the Fair Debt Collection Practices Act and state law in Georgia that will see the company turn over $19.8 million worth of accounts and pay … The post Daily Digest – August 13.

Fair Debt Collection 246

Fair Debt Collection Debt collector Collections 246

Account Recovery

AUGUST 13, 2021

A District Court judge in Arizona has granted a defendant’s motion to dismiss a class action complaint after it was sued for allegedly violating the Fair Debt Collection Practices Act for using language in a collection letter that made it seem as though both the defendant and the original creditor were going to report the … The post Ariz.

Fair Debt Collection 246

Fair Debt Collection Original Creditor Creditors Collections 246

Jimerson Firm

AUGUST 13, 2021

To appeal an issue in Florida after the conclusion of a trial, insurers must have raised that issue during the trial. This is known as preserving appellate rights. The Florida state court rules and federal rules governing the preservation of appellate rights are largely the same. However, in either jurisdiction, properly preserving your appellate rights can be tricky.

Judgment 98

Judgment Government 98

Credit Corp

AUGUST 13, 2021

When’s the best time to make a new financial resolution? On January 1st? On your birthday? If you need an excuse to get back on track financially, you can begin a fresh chapter on August 14th—National Financial Awareness Day. Think of National Financial Awareness day as your financial New Year. All those financial goals you’ve set? Now’s the time to put them in motion.

Student loans 98

Student loans Student Loans Education Loans 98

Nerd Wallet

AUGUST 13, 2021

No matter where you plan to fly next, there’s a good chance United Airlines or American Airlines can take you there. These two massive carriers are fierce competitors, especially for U.S. travelers, which means fares for your next destination are often competitive (and could be nearly identical). So when the price is the same, how. June Casagrande writes for NerdWallet.

97

97

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.

Collections

True Accord

AUGUST 13, 2021

In 2019, Todd Johnsen, Snap Finance’s Senior Manager of Collections Vendors, was charged with doing something that had never been done at Snap before: developing a third-party collections program. According to Johnsen, “At that time, the only recovery program for charge-off accounts was a call-and-collect settlement at tax season. I knew we could do better, but we’d have to start from scratch.

Collections 96

Collections Collection Agencies Collections Agency 96

Nerd Wallet

AUGUST 13, 2021

As a business owner, the last thing you want is a dispute with a customer. Unfortunately, with the increased incidence of chargebacks due to “friendly fraud,” businesses are at a greater risk of losing money from customers who opt to file a dispute with their bank instead of working directly with merchants to resolve the issue. Randa Kriss writes for NerdWallet.

Banks 95

Banks 95

Credit Corp

AUGUST 13, 2021

Merging finances and creating joint bank accounts seems like the right thing to do as a couple, especially when you get married, right? Well, after surveying over 1,000 Americans this study discovered that 20% of people regret combining their finances with their partner. Even worse, these same couples tend to argue about money once a week! “21% of people cited money as the cause of their divorce” – MagnifyMoney.

Student loans 98

Student loans Student Loans Banks Construction 98

Nerd Wallet

AUGUST 13, 2021

You want to work from home but make money like you’ve got an office job, right? Benefits, too. You’re looking for the just-right balance of work-in-my-PJs freedom and financial perks. More than one-third (37%) of jobs in the United States can be performed entirely at home, according to a June 2020 study conducted by the. Hal M. Bundrick, CFP writes for NerdWallet.

93

93

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

Credit Corp

AUGUST 13, 2021

This article originally appeared on The Financially Independent Millennial and was republished with permission. Short-term business loans differ from other kinds of installment loans. How do you know if using a short-term loan is correct for the business? In this definitive guide, you’ll learn how short-term business loans work, the types of loans available, the benefits of short-term business loans, and the potential pitfalls!

Loans 98

Loans Lender Banks Collections 98

Nerd Wallet

AUGUST 13, 2021

The benefits of refinancing your car loan can include lowering your monthly car payment, reducing the interest you pay or shortening your loan term. The downsides to auto loan refinancing can include fees, additional interest if you extend the term or cash out equity, and the risk of owing more than the car is worth. Shannon Bradley writes for NerdWallet.

Loans 93

Loans 93

Burr Forman

AUGUST 13, 2021

Reprinted with permission from the Birmingham Medical News. On June 21, 2021, the Occupational Safety and Health Administration (“OSHA”) published an Emergency Temporary Standard (“ETS”) that requires healthcare employers to take certain precautions to protect workers from COVID-19. The requirements of the ETS went fully into effect on July 21, 2021.

Healthcare 52

Healthcare Retail 52

Nerd Wallet

AUGUST 13, 2021

If you’re in the market for a 5% cash back card, the Chase Freedom Flex? and the Citi Custom Cash? Card are two top-tier options. Both $0-annual-fee cards feature a lucrative 5% cash back option in bonus categories and equal spending caps. However, the decision about which card has the edge largely comes down to. Funto Omojola writes for NerdWallet.

91

91

Advertisement

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.

Collections

Fraser

AUGUST 13, 2021

If there is anything we’ve learned about COVID-19’s impact on businesses over the last 18 months, it’s that change is the only constant. Changes in economic conditions, variants of the virus, and shifts in workplace guidance from government agencies have all required business leaders to study the issues and best practices, and make the best decisions for their organizations.

Government 52

Government 52

Nerd Wallet

AUGUST 13, 2021

Paying extra toward the principal won’t lower your monthly car payment. It may save you money in the long run by shortening the loan. The amount you will pay each month is calculated at the beginning of your car loan by the lender using a simple formula: dividing the total loan amount, including interest, by. Shannon Bradley writes for NerdWallet. Email: sbradley@nerdwallet.com.

Loans 91

Loans Lender 91

TCPA

AUGUST 13, 2021

On August 10, 2021, a divided Ninth Circuit panel vacated a trial court’s certification of two nationwide classes, finding that the defendant had not waived its personal jurisdiction objection to class certification by not raising the issue at the pleading … Continue reading →

52

52

Nerd Wallet

AUGUST 13, 2021

One of the best ways to protect your company is by buying the right business insurance. Business insurance protects your company from unexpected situations, such as natural disasters, theft and product defects. Without insurance, small-business owners might lose profits or be forced to shutter their doors completely. Chubb is a well-known name in the insurance.

89

89

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.

Troutman Sanders

AUGUST 13, 2021

In Blackmon v. Ad Astra Recovery Services , an individual claiming to be Brittney Blackmon obtained a payday loan in her name and then never made a payment. The debt was subsequently assigned to defendant collection firm Ad Astra Recovery Services, Inc. (AARC). Years later, Blackmon contacted AARC by telephone to dispute the debt. Blackmon informed the AARC representative that she had discovered the debt on her credit report and believed that it was fraudulent.

Collections 52

Collections Fair Debt Collection Loans Judgment 52

Nerd Wallet

AUGUST 13, 2021

If you’re hoping to build a website or an e-commerce store for your small business, Squarespace is a great place to start. This popular website-building platform offers tons of professionally designed templates and other useful features that let you build and manage your website easily. With four plans to choose from, you may wonder which is the best for.

88

88

Fraser

AUGUST 13, 2021

Cannabis caregivers and some large commercial marijuana producers in Michigan are at odds in a debate over restricting the number of plants grown and distributed by individual caregivers. Several media reports have indicated that commercial producers are pushing state legislators to require more regulation and licensing for caregivers under the Michigan Medical Marijuana Act.

Manufacturing 45

Manufacturing 45

Nerd Wallet

AUGUST 13, 2021

National parks enthusiasts, salmon fishers and travelers looking for breathtaking nature encounters in the U.S. will find Anchorage, Alaska, a hot spot for everything they may want to see or do in the northernmost U.S. state. With close access to five of Alaska’s 17 national parks, five types of Pacific salmon and a half dozen. Amanda Johnson writes for NerdWallet.

70

70

Advertisement

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.

Credit Unions