Account Recovery

OCTOBER 4, 2021

A District Court judge in Virginia has granted a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act by allegedly inaccurately reporting the amount of a debt to the bureaus, ruling that the plaintiff’s omission of all but one page of his credit report in his complaint … The post Judge Grants MSJ for Defense in FDCPA Case Over Alleged Misreported Debt appeared first on AccountsRecovery.net.

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Fair Debt Collection Judgment Collections 246

Nerd Wallet

OCTOBER 4, 2021

October mortgage rates forecast I predict that mortgage rates will rise in October. There will be ups and downs day to day, but mortgage rates will be higher at the end of the month than at the beginning of the month. (That’s assuming the debt limit will be addressed in time to avoid a government. Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com.

Government 136

Government 136

Account Recovery

OCTOBER 4, 2021

The Consumer Financial Protection Bureau has published a set of “Frequently Asked Questions” or FAQs relative to Regulation F that provide answers to questions about the Limited-Content Message and the call frequency provisions of the debt collection rule. The questions answered by the CFPB are: What is a limited-content messageIs a limited-content message a “communication”?

Collections 246

Collections 246

Nerd Wallet

OCTOBER 4, 2021

In the wake of Hurricane Ida, which destroyed hundreds of thousands of cars, drivers likely turned to their auto insurers for help. But minimally insured drivers might be surprised to find their state’s required coverage doesn’t pay for damage from floods and other natural disasters. Only 78% of insured drivers are sufficiently covered in case. Ben Moore writes for NerdWallet.

Auto Insurance 101

Auto Insurance 101

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

OCTOBER 4, 2021

APPEALS COURT RULES AGAINST FEDERAL GOVERNMENT IN FDCPA CASE There are limits to what the Fair Debt Collection Practices Act can be used for, and even the federal government is not immune to learning those lessons. The Court of Appeals for the Second Circuit on Thursday overturned a District Court ruling and reversed a three-decade … The post Daily Digest – October 4.

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Fair Debt Collection Government Collections 246

Account Recovery

OCTOBER 4, 2021

A new anti-robocall deadline went into effect last week and the Federal Communications Commission issued a Further Notice of Proposed Rulemaking to take additional steps to block robocalls from being connected with consumers as the fight against robocalls continued. First, as of September 28, phone companies are prohibited from accepting calls from providers that have … The post FCC Takes More Action to Fight Against Robocalls appeared first on AccountsRecovery.net.

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UK debt collections

OCTOBER 4, 2021

Over a third (35 per cent) of small- and medium-sized enterprises (SMEs) are concerned about their ability to start repaying Covid support loans, research has found. An EY survey of 712 UK SMEs has found 88 per cent received financial aid from lenders or the government and 51 per cent described recovering from the pandemic as one of the ‘main challenges’, indicating that they will likely require ongoing support.

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Loans Financial services Lender Government 83

Account Recovery

OCTOBER 4, 2021

There are limits to what the Fair Debt Collection Practices Act can be used for, and even the federal government is not immune to learning those lessons. The Court of Appeals for the Second Circuit on Thursday overturned a District Court ruling and reversed a three-decade precedent saying that the government can not use the … The post Appeals Court Rules Against Federal Government in FDCPA Case appeared first on AccountsRecovery.net.

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Government Fair Debt Collection Collections 245

Nerd Wallet

OCTOBER 4, 2021

From acquiring Starwood Preferred Guest to overhauling the award chart for free nights, the Marriott Bonvoy program has changed in recent years. If you’ve collected points with this hotel loyalty program, whether through work travel or through credit card spending, you might be wondering how to redeem them. The most obvious way is for free. Anya Kartashova writes for NerdWallet.

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Collections 82

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Collections

Account Recovery

OCTOBER 4, 2021

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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Nerd Wallet

OCTOBER 4, 2021

Hosting a livestreaming shopping event from your kitchen table (perhaps with a generous pour of wine nearby) sounds like an easy way to make some extra money. And the popularity of these homegrown, live shopping shows has exploded. The entertainment value of seeing neighbors hawking handmade jewelry, home decor, antiques or flea market finds keeps. Hal M.

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Account Recovery

OCTOBER 4, 2021

Anyone in the accounts receivable management industry who credit reports cringes when the words “Credit Karma” are mentioned. The app has led to a significant spike in the number of disputes filed by consumers about items on their credit reports and caused companies in the industry to spend more time and resources investigating those disputes. … The post Report Breaks Down the ‘Hidden Costs’ of Credit Scoring Apps appeared first on AccountsRecovery.net.

Accounts Receivables Management 242

Accounts Receivables Management 242

Nerd Wallet

OCTOBER 4, 2021

Stripe, PayPal and Square are payment service providers, or PSPs, that help small businesses accept payments in person and online. Stripe may be best for small businesses that prioritize customization, and PayPal may be better for small businesses with an international customer base. But if price is key, Square may be your winner. Here’s how. Tina Orem writes for NerdWallet.

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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

Credit Corp

OCTOBER 4, 2021

Buying a house and getting a mortgage is a big investment– and not only for you. When you choose a mortgage lender and are approved for your home loan, your lender is agreeing to lend you all funds necessary to cover your home purchase. Because a house is a high-cost purchase, lenders want to guarantee that you’re not a “risky borrower.” Lenders want to know that you’ll be able to make your monthly payments on time and in full.

Lender 106

Lender Loans Debt Consolidation Debt Management 106

Nerd Wallet

OCTOBER 4, 2021

Stripe and Square are both payment processors that allow businesses to accept credit and debit cards, digital wallets and more. Stripe is a better fit for online sellers, while Square is more suited to in-person transactions. Stripe accepts a wide variety of currencies and international payment methods and offers a fully customizable checkout experience, but.

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On Guard

OCTOBER 4, 2021

Financial stability within a rapidly evolving sector: the automotive industry. As far as most people today are concerned a car is just what takes us from A to B. But only 150 years ago, there were no asphalt roads and people travelled by horse and buggy. This changed in 1885, when Karl Benz launched a car without a horse and with a combustion engine.

Credit Management 52

Credit Management 52

Nerd Wallet

OCTOBER 4, 2021

So you’ve finally started planning a trip to Europe. You’ve figured out which countries you’d like to visit, you’re itching to try on that new beret you just purchased, and you’re wondering — what is the best credit card for Europe travel? The U.S. credit card market is overflowing with cards competing for your attention, Carissa Rawson writes for NerdWallet.

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Collections

Troutman Sanders

OCTOBER 4, 2021

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.

Financial services 52

Financial services Financial Institution Foreclosure Student loans 52

Nerd Wallet

OCTOBER 4, 2021

At its best, the California business environment is as sunny as its climate, a place where big corporations, longtime family businesses and upstart entrepreneurs thrive. There are millions of small businesses in this state to meet the needs of the biggest population in the nation. NerdWallet analyzed the data to find the industries where individual.

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Burr Forman

OCTOBER 4, 2021

Myrtle Beach, SC, October 4, 2021 – BURR & FORMAN LLP , is pleased to announce ALICIA THOMPSON has joined other distinguished leaders from across South Carolina to participate in the Diversity Leaders Initiative (DLI), an award-winning program of Furman University’s Riley Institute. Now in its 18th year, the program equips participants with tools and perspectives to leverage diversity as a way to improve organizational outcomes and drive social and economic progress in South Carolina.

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Education Government 52

Nerd Wallet

OCTOBER 4, 2021

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about how to negotiate. Then we pivot to this week’s money question from a listener’s text message. Here it is: “I have a question about my car’s value. I track my finances through Mint and. Liz Weston writes for NerdWallet.

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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.

Fico Collections

OCTOBER 4, 2021

The use of AI-powered optimization by financial services firms is surging across Europe. One of the early beneficiaries of this technology is Home Credit & Finance Bank in Russia , which has just been named a finalist in the Banking Tech 2021 Awards , in the Best Use of AI category. By using AI-powered optimization from FICO, Home Credit was able to: Increase revenue by 24%.

Loans 52

Loans Banks Trade Financial services 52

Nerd Wallet

OCTOBER 4, 2021

Key takeaways In most states, liability insurance pays for the other driver’s injuries and any damage to their vehicle if you cause a crash. Twelve states require no-fault insurance, which pays for your medical expenses after an accident no matter who’s at fault. Negligence laws vary by state and determine how a driver can seek. Kayda Norman writes for NerdWallet.

Auto Insurance 52

Auto Insurance 52

NACM

OCTOBER 4, 2021

U.S. Trade Representative Katherine Tai announced an agreement with the Socialist Republic of Vietnam that addresses U.S. concerns in the Vietnam Timber Section 301 investigation. This is the first 301 investigation to address environmental concerns. (Section 301 of the Trade Act of 1974 (19 U.S.C. §2411) grants the Office of the United State.

Trade 5

Trade 5

Nerd Wallet

OCTOBER 4, 2021

If you like to travel, you may want to earn rewards when staying at hotels and resorts. By joining Marriott Bonvoy, the loyalty program of the Marriott hotel group, you can do that. This hotel loyalty program boasts over 7,000 properties and 30 brands that range from budget-focused to luxury. If you regularly stay at. Natasha Gabrielle writes for NerdWallet.

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Credit Unions