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A District Court judge in Illinois has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that a letter sent to the plaintiff in response to a dispute does not constitute a communication in connection with the collection of a debt. A copy of the ruling in the … The post Judge Grants MSJ for Defense in FDCPA Case Over Letter Sent to Represented Individual appeared first on AccountsRecovery.net.
To say there is endless misinformation about debt collections in the media and on the Internet would be a vast understatement. Right up front, you should know that the debt collection industry provides critical and necessary support to not only consumers and the business community but the overall economy. Just about everyone who works in the debt collection industry fully understands that it can be an uncomfortable situation as a consumer being sent to collections.
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.
Home affordability has crumbled this year, and it may erode further at the hands of the Federal Reserve. The Fed on Wednesday raised the federal funds rate by three-quarters of a percentage point to a range of 3.75% to 4%. The central bank’s action will directly or indirectly raise the floor under several consumer interest. Holden Lewis writes for NerdWallet.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
UTILITY COMPANY FINED $4.5M BY CONN. REGULATORS FOR PANDEMIC COLLECTION EFFORTS State regulators in Connecticut have assessed a $4.5 million fine against a utility company that was accused of attempting to garnish the wages of customers during the COVID-19 pandemic without first informing them of the availability of payment plans, which was required under state … The post Daily Digest – November 2.
Ever since pop superstar Taylor Swift’s not-so-subtle announcement on “The Tonight Show” last week, Swifties everywhere have been wondering and waiting with bated breath: When’s the tour? As of Nov. 1, 2022, Swift made it official. Kicking off March 18, 2023, in Glendale, Arizona, the U.S. leg of “The Eras Tour” will include 27 shows. Jaime Hanson writes for NerdWallet.
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Ever since pop superstar Taylor Swift’s not-so-subtle announcement on “The Tonight Show” last week, Swifties everywhere have been wondering and waiting with bated breath: When’s the tour? As of Nov. 1, 2022, Swift made it official. Kicking off March 18, 2023, in Glendale, Arizona, the U.S. leg of “The Eras Tour” will include 27 shows. Jaime Hanson writes for NerdWallet.
State regulators in Connecticut have assessed a $4.5 million fine against a utility company that was accused of attempting to garnish the wages of customers during the COVID-19 pandemic without first informing them of the availability of payment plans, which was required under state law. A copy of the decision, for which the utility has … The post Utility Company Fined $4.5M By Conn.
There are a lot of conversations on and off of social media about breaking “generational curses,” which essentially means healing from generational trauma. And part of healing from generational trauma involves changing our relationship with money. What is generational trauma? With generational trauma (also called intergenerational trauma), emotions and behaviors linked to adverse — even.
An anti-robocall task force comprised of 51 different attorneys general has initiated an enforcement action against two telecom companies that have not responded to civil investigative demands seeking answers about their operation. Petitions have been filed in Indiana state court to compel the participation of the companies, including answering interrogatories and producing call data records … The post Task Force Launches Enforcement Actions Against Alleged Illegal Robocallers appeared fir
The Federal Reserve has announced its sixth rate hike this year, increasing rates by three-quarters of a percentage point in an attempt to stabilize the U.S. economy. For consumers, this means that “the market interest rates for credit cards, for auto loans, and for all the other loans are going to increase,” says Ligia Vado, Melissa Lambarena writes for NerdWallet.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
If you’re concerned about the potential impact of bankruptcy on your spouse, you’re not alone. This is one of the top questions married people have about filing for bankruptcy in Indiana. First, you should know that choosing bankruptcy is a smart, proactive way of lifting the burden of overwhelming debt. Here in the Hoosier state, more than 15,000 people file for bankruptcy in an average year, with about 58% choosing Chapter 7 and 41% choosing Chapter 13 bankruptcy.
No one wants to get into an accident, especially when they’re renting a car. However, sometimes the worst happens and you end up with damage to your vehicle. What happens then? If you’ve rented the car with an eligible Chase card, you may have complimentary Chase car rental insurance, which can cover the costs of. Carissa Rawson writes for NerdWallet.
Debtor jailed for hiding property assets from trustees. Sukhi Sanghera appeared at Warwick Crown Court on Thursday 27 October 2022, where he was sentenced before HHJ Berlin after he was charged with 4 counts of bankruptcy offences. The court heard that Sukhi Sanghera (50) was made bankrupt in August 2017 by order of the County Court in Warwick, with debts of over £140,000.
Conventional travel wisdom suggests that those flying around Thanksgiving and Christmas, holidays that many Americans travel for every winter, should book their travel as early as possible. Yet the pandemic scrambled how, when, and whether many people fly, and chucked conventional wisdom out the emergency exit. “Consumers are booking travel with about 25% less time.
Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.
Five Democratic Senators — Elizabeth Warren (MA), Dianne Feinstein (CA), Brian Schatz (HI), Jack Reed (RI), and Alex Padilla (CA) — recently petitioned the Consumer Financial Protection Bureau (CFPB) to “take action to eliminate hidden fees associated with international remittance payments.”. The Remittance Transfer Rule requires transfer providers to provide prepayment disclosures to consumers prior to paying for a remittance transfer.
If you always did what was good for you, you’d likely book flights months in advance to get better deals. But then again, you’d also probably eat the daily recommended servings of vegetables, work out daily and get eight hours of sleep a night. Even if you know you should, you probably won’t every time. Meghan Coyle writes for NerdWallet. Email: mcoyle@nerdwallet.com.
Home. Blog. FICO. The Rise of Telco Cloud-Based Platform Solutions. As telcos make the transition from on-premises to cloud-based platform solutions, they need to get maximum value from the data sets, information sources and insights available. FICO Admin. Tue, 07/02/2019 - 02:45. by Tim Young. expand_less Back To Top. Wed, 11/02/2022 - 13:35. Many prevailing industry operating models are one to two generations behind the current available telco cloud-based technology.
The Federal Reserve announced another interest rate hike of 75 basis points, raising the total rate to a range of 3.75% to 4%, the highest level in 15 years. "My colleagues and I are strongly committed to bringing inflation back down to our 2% goal," said Chair Jerome Powell during a news conference. "Restoring price stability will likely require m.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
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