Tue.Mar 30, 2021

article thumbnail

Spire Recovery Solutions Proudly Supports Families of Fallen Special Operations Warriors

Account Recovery

Spire Recovery Solutions is honoring fallen Special Operations personnel with a charitable contribution to Special Operations Warrior Foundation. Through this foundation, surviving children of fallen warriors, as well as children of all Medal of Honor recipients, are afforded the opportunity of post-secondary education and other types of financial assistance for their educational endeavors.

Education 239
article thumbnail

Take Some of the Mystery Out of Buying a House Sight Unseen

Nerd Wallet

Last fall, when planning a move from North Carolina to Stillwater, Oklahoma, for a new job that would start in January, Andreza Conti Patara and her husband, Marcelo Patara, decided to buy a house. But the couple wanted to avoid air travel due to COVID-19, and buyers were snapping up homes in Stillwater soon after. Barbara Marquand writes for NerdWallet.

142
142
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Performant Sells Some Recovery Contracts, Will Focus on Healthcare Market Going Forward

Account Recovery

Performant Financial Corp. announced yesterday that it has sold some of its recovery contracts that are outside the healthcare industry, including its student loan agreements, to an unnamed buyer as part of the company’s decision to “fully dedicate” its resources to its healthcare business. The impact that the COVID-19 pandemic has had on student loan … The post Performant Sells Some Recovery Contracts, Will Focus on Healthcare Market Going Forward appeared first on Accou

article thumbnail

Bitcoin Wallet: How to Choose the Best for Your Cryptocurrency

Nerd Wallet

Want to trade Bitcoin or other cryptocurrencies, but don’t know where to begin? One thing you’ll need is a cryptocurrency wallet. Here are the answers to some commonly asked questions, and how to find the best cryptocurrency wallet for you. What is a cryptocurrency wallet? A cryptocurrency wallet — also known as a Bitcoin wallet. Kevin Voigt writes for NerdWallet.

Trade 101
article thumbnail

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.

article thumbnail

Daily Digest – March 30. Judge Grants MSJ for Defendant in FDCPA Case Over Call Volume; Performant Sells Recovery Contracts

Account Recovery

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER CALL VOLUME, REVOCATION In a case that was defended by the team at Malone Frost Martin, a District Court judge in California has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Debt Collection Practices Act and the Rosenthal … The post Daily Digest – March 30.

More Trending

article thumbnail

Judge Grants MSJ For Defendant in FDCPA Case Over Call Volume, Revocation

Account Recovery

In a case that was defended by the team at Malone Frost Martin, a District Court judge in California has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Debt Collection Practices Act and the Rosenthal Fair Debt Collection Practices Act after it was accused of making too … The post Judge Grants MSJ For Defendant in FDCPA Case Over Call Volume, Revocation appeared first on AccountsRecovery.net.

article thumbnail

11 Easy Tips to Become Independently Wealthy [and what it means]

Credit Corp

This post originally appeared on Arrest Your Debt and has been republished with permission. Are you tired of living paycheck to paycheck or relying on others to live a comfortable lifestyle? With a plan and determination, you can become independently wealthy and live life on your terms. Most people aspire to achieve financial independence, but sometimes, it seems more like a dream than a possibility.

Loans 98
article thumbnail

Ninth Circuit Vacates Award of $105k in Plaintiff’s Attorney Fees in FDCPA Case

Account Recovery

The Court of Appeals for the Ninth Circuit has vacated an award of more than $105,000 in attorney’s fees to the lawyers representing the plaintiffs in a Fair Debt Collection Practices Act case, ruling that the District Court did not “adequately” account for the degree of success obtained when determining the award. A copy of … The post Ninth Circuit Vacates Award of $105k in Plaintiff’s Attorney Fees in FDCPA Case appeared first on AccountsRecovery.net.

article thumbnail

I’m Self Employed: What Are My Bankruptcy Options?

Sawin & Shea

Nobody wants to be in a situation where they have to file for bankruptcy, but for the self-employed, it can be a doubly crushing blow. You have worked hard to create your own source of income, but circumstances have made it impossible for you to pay your debts. You may even have doubts about whether or not self-employed people are eligible to file for bankruptcy.

article thumbnail

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.

article thumbnail

CDC Extend Eviction Ban; CFPB & FTC Directors Vow Crackdown

Account Recovery

On the day that the Centers for Disease Control and Prevention extended an eviction moratorium until June 30, the acting directors of the Consumer Financial Protection Bureau and the Federal Trade Commission issued a joint statement saying that they will use the Fair Debt Collection Practices Act to ensure that tenants are not subjected to … The post CDC Extend Eviction Ban; CFPB & FTC Directors Vow Crackdown appeared first on AccountsRecovery.net.

article thumbnail

How Much Is Internet per Month?

Nerd Wallet

The price you’ll pay for internet service every month depends primarily on the speed you need. Speed matters, especially if you work from home and need the bandwidth for video conference calls and something like three browser windows open with 30 tabs each. If you share the net with family, you may need even more. Hal M. Bundrick, CFP writes for NerdWallet.

98
article thumbnail

How to Avoid Emotional Spending: 9 Tips You Can Do Today

Credit Corp

This post originally appeared on The Financially Independent Millennial and has been republished with permission. Are you wondering how to avoid emotional spending and perhaps wonder what it is and how to break the addiction? Or, maybe you’re reading this article to make better money choices. The challenge is that your instincts play a vital role when making money to spend decisions.

article thumbnail

How to Adjust Your Credit Card Strategy for 2021 Travel

Nerd Wallet

Over a year into the COVID-19 pandemic, many are ready to get out of town. In fact, more than half of Americans (56%) say they plan to take their next vacation involving air travel or staying in a hotel or resort during 2021, according to a new NerdWallet survey. As vaccines roll out and safer. Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com.

89
article thumbnail

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?

article thumbnail

Professional Spotlights: Women in ARM

PDC Flow

As many know, the month of March is dedicated as a time to acknowledge the contributions women have made to our society (both in the past, and through ongoing efforts). All year round, our content team at PDCflow tries to create a platform for women in the financial services industry to share their expertise and help others grow and learn. We've interviewed some for educational articles, we've used their insights to learn about new regulations and changing industry landscapes, and we've even got

article thumbnail

TD Bank Business Checking: 2021 Review

Nerd Wallet

TD Bank offers four business checking accounts, including an interest-bearing option and a premium account best suited for larger businesses with complex banking needs. This level of choice may be appealing for small-business owners looking to grow with their bank. Also appealing: TD Bank’s extended branch hours — some locations are open on Sundays —.

Banks 81
article thumbnail

CFPB Signals Enforcement Priorities with Release of 2020 Consumer Complaints Report

Troutman Sanders

On March 24, the Consumer Financial Protection Bureau (CFPB) provided the Consumer Response 2020 Annual Report (CFPB Report) to Congress. The CFPB Report reflects complaints submitted by consumers to the CFPB and analyzes those complaints. In 2020, the CFPB saw a 54% rise in complaints from 2019 — with the total number increasing from 352,400 in 2019 to 542,300 in 2020.

article thumbnail

When Choosing Investment Funds, Look at 3 Factors, Ignore 1

Nerd Wallet

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. More than half of Americans (53%) say they’re currently invested in exchange-traded funds, mutual funds or index funds, according to a new NerdWallet survey.

article thumbnail

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.

article thumbnail

Labor Law Changes are Coming Under the Biden Administration

Fraser

President Biden has signaled support for many legislative and regulatory proposals that, if enacted, will significantly change the labor law landscape. For example, on March 9, 2021, the U.S. House of Representatives passed the Protecting the Right to Organize Act, known as the PRO Act, with a largely party line vote of 225-206. The implications of the PRO Act, should it be enacted into law, are discussed below.

article thumbnail

How to Pick the Right Credit Card for a Major Purchase

Nerd Wallet

Emergency expenses happen, leaving you little time to pick the optimal credit card to use. But many major purchases can be planned well in advance, giving you a chance to consider the cards you already carry, or even apply for a new one before you go shopping. If you’re about to drop a paycheck’s worth. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

59
article thumbnail

What Is Misfeasance? Misfeasance And Insolvency

Hudson Weir

Misfeasance is closely linked to wrongful trading, and similarly carries serious consequences for implicated directors. At Hudson Weir, we have a wealth of experience in supporting companies and directors through a broad range of financial challenges. In our blogs so far this year we have discussed the implications of wrongful trading as well as the liability of shadow directors during liquidation proceedings.

Trade 52
article thumbnail

IdentityForce Review: Is It Worth the Cost?

Nerd Wallet

IdentityForce offers identity theft protection that can alert you to potential trouble and cybersafety features designed to help prevent problems. The most basic package offers services such as tracking your Social Security number for associations with new names, monitoring social media for damaging posts and giving you access to a virtual private network for safe.

58
article thumbnail

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.

article thumbnail

Fraud and Financial Crime: the COVID-19 Impact

Fico Collections

This week marks approximately a year since our new normal started and became, well, our ‘new normal’. While the phrase has become a bit hackneyed (I did grit my teeth a bit while I wrote that first sentence), this past year the pandemic truly impacted not just major parts of our personal lives, but how we handle our fight against fraud and financial crime. .

article thumbnail

Chase Sapphire Cards Get New Peloton Perks and Extended Offers

Nerd Wallet

Holders of the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® are getting the self-care treatment. For the next several months, both cards will offer elevated points on eligible Peloton purchases. And if exercise equipment isn’t appealing? Chase has also extended or tweaked some existing pandemic-related offers, including elevated point values through its “Pay Yourself Back” feature, Melissa Lambarena writes for NerdWallet.

52
article thumbnail

Monthly Accounts Receivables Roundup for March 2021

Katabat

“Payment deferrals were a lifeline for millions during Covid. What happens when those end?”. That’s the headline from a recent NBC News story about the millions of Americans who have deferred payment on mortgages, rent, student loans and utility bills. The story notes: “But as more people are vaccinated and the country sees a return to normal life on the horizon, payments on trillions of dollars of those debts could resume soon, even if debtors remain out of work or in financial distress because

article thumbnail

Are Electronic Signatures Safe and Compliant?

Payment Savvy

All the mobile apps and online sites aside, one thing has remained important – the signature. In the past, individuals used to sign their signatures on paper with a pen. This is called a wet signature. However, electronic signatures are a modern signing method that is expanding rapidly. These signatures ensure business is not slowed down waiting for a live, wet signature and guarantees a secure document is transmitted between parties.

52
article thumbnail

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.