Enterprise Recovery
FEBRUARY 5, 2021
Defining 'startup' isn't as simple as it would seem. To some, your business is no longer a startup when you begin turning a profit. To others, 'startup' is a state of mind, like always chasing or hustling to push out new ideas. If your company has been calling itself a 'startup', what have you determined pushes you past that startup idea? When is a startup considered a real business?
Account Recovery
FEBRUARY 5, 2021
Individuals who incur medical debt tend to have it happen in what researchers are calling “dramatic financial shocks” because healthcare expenses are calculated on an annual basis and do not take into consideration that out-of-pocket spending happens in short bursts throughout the year and are not generally spread out. In fact, nearly 40% on individuals … The post How Patients Incur Out-of-Pocket Expenses appeared first on AccountsRecovery.net.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nerd Wallet
FEBRUARY 5, 2021
As millions of Americans embark on the annual ritual of tax preparation this year, many will buy tax software or hire human tax preparers — and it probably won’t be cheap. Tax software can easily run $100 or more for many people, and human tax pros charge $203 on average to do a tax return, Tina Orem writes for NerdWallet. Email: torem@nerdwallet.com.
Account Recovery
FEBRUARY 5, 2021
In remarks posted yesterday to the agency’s website, Dave Uejio, the acting director of the Consumer Financial Protection Bureau, offered the first sign of what may happen to the debt collection rule, hinting that the enactment of the rule may either be delayed or reconsidered in some form. The remarks were part of a memo … The post CFPB Acting Director Wants to ‘Preserve Status Quo’ on Debt Collection Rule appeared first on AccountsRecovery.net.
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.
Nerd Wallet
FEBRUARY 5, 2021
This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. On Jan. 28, 2021, the U.S. cryptocurrency exchange Coinbase announced its plans to go public via a direct listing, a strategy that Slack and.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Nerd Wallet
FEBRUARY 5, 2021
I’m writing this between my daughter’s diaper changes, bottle breaks and naps, as well as my own weepy fits of anxiety and despair. Our day care closed because of a COVID-19 case, so our baby gets to gurgle at my husband and me as we stare at our computers — tense shoulders at ears — and. Laura McMullen writes for NerdWallet. Email: lmcmullen@nerdwallet.com.
Account Recovery
FEBRUARY 5, 2021
CFPB ACTING DIRECTOR WANTS TO ‘PRESERVE STATUS QUO’ ON DEBT COLLECTION RULE In remarks posted yesterday to the agency’s website, Dave Uejio, the acting director of the Consumer Financial Protection Bureau, offered the first sign of what may happen to the debt collection rule, hinting that the enactment of the rule may either be delayed … The post Daily Digest – February 5.
Nerd Wallet
FEBRUARY 5, 2021
The approaching tax season is raising fresh questions for business owners who received a loan through the Paycheck Protection Program. Can you deduct expenses paid with your loan funds? Do you need to do anything differently this year? And if your loan is forgiven, is it considered taxable income? Answers to these questions have been. Kelsey Sheehy writes for NerdWallet.
Jimerson Firm
FEBRUARY 5, 2021
When a SBA loan is in liquidation status, lenders and authorized CDC liquidators are required to perform “Prudent Liquidation.” This means that lenders and authorized CDC liquidators must liquidate and conduct debt collection litigation in a “prompt, cost-effective and commercially reasonable manner, consistent with prudent lending standards, and in accordance with loan program requirements.” 13 C.F.R. § 120.535(b).
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.
Nerd Wallet
FEBRUARY 5, 2021
On March 3, 2021, Marriott will change award prices for 201 of its properties. While that may sound like a lot, this represents less than 3% of Marriott’s over 8,000 properties. And, these changes are mostly good news. Marriott is dropping award rates at 150 properties and increasing at just 51 hotels on March 3. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.
Better Credit Blog
FEBRUARY 5, 2021
If you’re wondering what BCA Financial Services is and why it’s on your credit report, the guide below is for you. With all of life’s financial obligations and the busyness of day to day life, it can be all too easy to let a payment slip through the cracks. That’s especially true of medical debts, which can be overwhelming at times. If you’ve fallen behind on healthcare payments, that’s probably why BCA is on your report.
Nerd Wallet
FEBRUARY 5, 2021
Shopping for airfare is tough. Between hidden fees, basic versus main economy and dozens of airlines, each with its own terms and rules, it’s hard to know where to start. And one of the biggest questions is also the hardest to answer: When does it make sense to book with a budget airline, such as. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.
Fico Collections
FEBRUARY 5, 2021
The recent explosion of new financial product and service providers has started to capture a share of consumers’ attention and wallets, perhaps more so than many banks believe. FICO recently worked with Cornerstone Advisors to commission a study on the emergence of “shadow banking" providers – fintech startups, large technology companies, merchants, and others.
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?
Nerd Wallet
FEBRUARY 5, 2021
Breaking a lease won’t hurt your credit score if your landlord agrees that you have paid everything you owe, including penalties such as a fee for early termination, plus the normal cleaning and security fees. Then, you will have fulfilled the terms of your lease agreement. But if you move out when you are behind. Bev O'Shea writes for NerdWallet. Email: boshea@nerdwallet.com.
Troutman Sanders
FEBRUARY 5, 2021
Susan E. Flint , a leading attorney in the consumer finance, regulatory, and class action areas, joined Troutman Pepper’s Consumer Financial Services Practice Group as a partner working remotely from Minneapolis. Most recently, Flint served as senior vice president and assistant general counsel at Wells Fargo in its Litigation, Regulatory Enforcement, and Investigations Division.
Nerd Wallet
FEBRUARY 5, 2021
For eligible Chase cardholders, this might be a good month for road trips. Through February 2021, as part of the issuer’s “Month of More” promotion, holders of qualifying Freedom credit cards can earn 5% back on gas, on up to $150 in combined purchases. Eligible cards include: The Chase Freedom®. The Chase Freedom Flex?. The Chase Freedom. Funto Omojola writes for NerdWallet.
Better Credit Blog
FEBRUARY 5, 2021
If you’re concerned about an entry on your credit report from BRG Collections, we can help. BRG specializes in collecting on unpaid consumer debts. If they’re on your report, you probably missed a bill at some point. If not, you could be the subject of faulty reporting or identity fraud. Either way, it’s important to act quickly to get the entry deleted from your report.
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.
Nerd Wallet
FEBRUARY 5, 2021
Podcasting is not a get-rich-quick scheme. Making money from the medium takes time. You need to build a loyal, engaged following willing to buy what you’re selling, literally and figuratively. Even then, earning a living from your show may prove an elusive goal. Only a handful of podcasts earn big money. Shows like “The Joe. Kelsey Sheehy writes for NerdWallet.
TCPA
FEBRUARY 5, 2021
Confusion continues amongst federal district courts in the wake of Barr v. American Association of Political Consultants, Inc. (“AAPC”), 140 S. Ct.
Nerd Wallet
FEBRUARY 5, 2021
During the pandemic, many credit card issuers are offering creative ways for customers to use their credit card rewards points, which would typically be redeemed for travel in normal times. Through the April 15 tax-filing deadline, Citi is offering discounts up to $20 on several versions of the popular tax-preparation software TurboTax. You can also cover the.
Roths Child Law
FEBRUARY 5, 2021
If you've been considering filing for Chapter 7 bankruptcy in Tennessee, you've probably heard of the bankruptcy means test. The means test is a relatively lengthy form that is used to determine whether your disposable income is low enough to qualify you for Chapter 7 bankruptcy relief. Median income. The first step to passing the means test is to determine whether your average monthly income from all sources falls below the median income for Tennessee.
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.
Nerd Wallet
FEBRUARY 5, 2021
Whether you’re looking to ski, snowboard or simply enjoy the après-ski lifestyle with tipple in hand, you can hit the slopes without taking a hit to your bank account if you book your stay with points. A handful of hotel programs make planning your ski trip with points and miles simple — not to mention. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.
Katabat
FEBRUARY 5, 2021
Wilmington, DE — February 4, 2021 — Katabat, a leading global supplier of debt management software solutions, announced that it has hired Paul Quinn as Chief Financial Officer. An experienced technology industry veteran, Quinn brings over two decades of enterprise software experience to the Katabat team. “On the heels of our transaction with Tritium and Terminus during 2020, we are gearing up for tremendous growth and transformation,” said Ray Peloso, CEO, Katabat.
Nerd Wallet
FEBRUARY 5, 2021
If you’re hesitant to get the Wells Fargo Propel American Express® card or are uncertain about the good that can come from it, there are several lesser-known benefits you should consider before making a decision. Here’s what you need to know about the card. But first: The well-known reasons Here are a few of the. Megan Lee writes for NerdWallet. Email: mlee@nerdwallet.com.
Collection Industry News
FEBRUARY 5, 2021
Acting Consumer Financial Protection Bureau Director Dave Uejio today signaled that the bureau may move to reconsider recent final rulemakings on Qualified Mortgages and debt collection. In a letter outlining his priorities for the bureau’s Division of Research, Markets and Regulations, Uejio directed bureau staff to “explore options for preserving the status quo with respect to QM and debt collection rules.”.
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.
Expert insights. Personalized for you.
246 
Let's personalize your content