Thu.Aug 19, 2021

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Appeals Court Affirms Ruling for Plaintiff in FDCPA Case Over Call Placed 1 Day After C&D

Account Recovery

Invoking the bona fide error defense is not a get-out-of-jail-free card for a debt collector. The defense only works if the policies and procedures it is meant to protect are reasonable. The Tenth Circuit Court of Appeals has affirmed a lower court’s ruling in favor of a plaintiff who accused a collector of violating the … The post Appeals Court Affirms Ruling for Plaintiff in FDCPA Case Over Call Placed 1 Day After C&D appeared first on AccountsRecovery.net.

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4 Ways Businesses Can Dodge Loan Scams and Predatory Lenders

Nerd Wallet

“Guaranteed loan approval; receive funds in 24 hours.” “No credit check; interest rates starting at 0%; only low application fee required.” These statements may sound pretty good to a small-business owner in desperate need of capital. But, as the old saying goes, “If something sounds too good to be true, it probably is,” says Carolina. Randa Kriss writes for NerdWallet.

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Collector, Plaintiff in $267M TCPA Case Notify Appeals Court of Settlement

Account Recovery

Thanks to Eric Troutman at TCPAWorld.com for noticing this first … A collector that appealed a $267 million ruling against it in a Telephone Consumer Protection Act case has notified the Ninth Circuit Court of Appeals that it has reached a settlement with the plaintiff. Details of the settlement were not disclosed in the filing … The post Collector, Plaintiff in $267M TCPA Case Notify Appeals Court of Settlement appeared first on AccountsRecovery.net.

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Wells Fargo Won’t Close Personal Lines of Credit After All

Nerd Wallet

A month after Wells Fargo made news for its decision to close customers’ existing personal lines of credit, the bank has changed course and will leave the lines open. The company began notifying customers of the update by email and mailed letters Tuesday, according to an emailed statement from Wells Fargo. No new personal lines. Annie Millerbernd writes for NerdWallet.

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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.

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DFPI Issues Proposed Rules Related to Consumer Complaints

Account Recovery

The California Department of Financial Protection and Innovation is inviting comments on a proposed rule that will address how consumer complaints are handled in relation to the California Consumer Financial Protection Law (CCFPL). Under the law, covered persons will be required to develop written policies and procedures detailing how consumers can file complaints to covered … The post DFPI Issues Proposed Rules Related to Consumer Complaints appeared first on AccountsRecovery.net.

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Getting to Know Lee-Madeline Dowls of First Investors Financial Services

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Lee-Madeline Dow

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Florida Senate Bill 56: Changes to Florida’s Condominium Association and Homeowners’ Association Collections Procedures

Jimerson Firm

On July 1, 2021, Senate Bill 56 went into effect along with Senate Bill 630. While both bills affect the laws governing Florida condominium and homeowners’ associations, Senate Bill 56, specifically, changed the collection and notification procedures for these associations. This article provides an overview of how Senate Bill 56 affected the manner in which Florida condominium and homeowners’ associations collect overdue assessments, record claims of lien, and provide notice to unit owners.

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Daily Digest – August 19. Getting to Know Lee-Madeline Dowls; Appeals Court Affirms Ruling for Plaintiff in FDCPA BFE Case

Account Recovery

GETTING TO KNOW LEE-MADELINE DOWLS OF FIRST INVESTORS FINANCIAL SERVICES Seeing projects through to the end. A love of numbers and data. Is it any wonder that Lee-Madeline Dowls has found her home working in the accounts receivable management industry? Along with her love of data, knowing that she needs to ask for what she … The post Daily Digest – August 19.

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Three Jimerson Birr Attorneys Named Among Best Lawyers in America for 2022

Jimerson Firm

Jacksonville, Fla. – August 19, 2021 – Jimerson Birr is pleased to announce that three of its attorneys, including managing partner Charles B. Jimerson, partner James O. “Joby” Birr, III, and special counsel Lynne C. Rhode were included in the 2022 edition of The Best Lawyers in America®. After receiving more than 10 million peer evaluations across 147 practice areas in the United States, only 5% of practicing lawyers were recognized in the 2022 edition, exemplifying the work of the most elite

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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.

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How to Navigate Back-to-School Shopping Twists This Year

Nerd Wallet

For parents, the return to school means a return to spending: NerdWallet recently found that, in spite of the pandemic, about half of parents who plan to back-to-school shop this year expect to spend about the same as they normally would, with more of that spending going toward clothing than in 2020. The pandemic has. Kimberly Palmer writes for NerdWallet.

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Reckoning With Racial Inequality in America’s Infrastructure

Prosperity Now

As debates over infrastructure continue after the bipartisan deal passed the Senate last week, it is worth reflecting on the

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How Much Life Insurance Do I Need?

Nerd Wallet

It’s hard to pinpoint how much life insurance you should buy down to the penny, but you can make a good estimate by using our life insurance calculator below. In general, you should add up your long-term financial obligations, such as mortgage payments or college fees, and then subtract your assets. The remainder is the. Georgia Rose writes for NerdWallet.

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7 Strategies to Make $1000’s with a Blog in 2021

Credit Corp

This article originally appeared on The Financially Independent Millennial and was republished with permission. Not so long ago, starting a blog required investing thousands of dollars because creating a website was a very expensive task. Today, starting a blog and monetizing it is easier than ever. There are many online tools that enable you to design a website and get started in just a few hours, and there are also dozens of financial tools like Stripe and PayPal that can solve a lot of issues

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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?

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Farmers Business Insurance: Pros, Cons, Coverage Options

Nerd Wallet

A notable player in the home and auto insurance space, Farmers offers a variety of insurance products for small-business owners. The company provides business insurance in 36 states and has a network of local agents that can help you get a quote. Although you can purchase policies on their own, Farmers offers customizable coverage bundles. Randa Kriss writes for NerdWallet.

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6 Credit Report Myths

Debt Guru

We talk a lot about credit scores and credit reports. Why? They are very important when it comes to your personal finances. It’s just as important to understand what these numbers mean – confusion on your part can impede your ability to make savvy financial decisions. Unfortunately, there’s a wealth of misinformation when it comes to credit reports and credit scores.

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General Liability vs. Workers’ Compensation Insurance: What’s the Difference?

Nerd Wallet

Many small businesses purchase both general liability and workers’ compensation insurance in case they ever face an event that could prompt an expensive lawsuit. The biggest difference between the two policies is the types of accidents they cover. General liability insurance protects a business against claims that its services, employees or advertisements caused personal injury.

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Inaugural CSA awards recognise individual and team achievement

CSA

Snooker legend Steve Davis OBE announced as event host The inaugural Credit Services Association (CSA) Awards will take place after the UK Credit & Collections Conference (UKCCC) in Newcastle on the 9 September, with snooker legend, Steve Davis OBE, providing the entertainment. The awards recognise the attainment of the highest standards in the industry over the past 18 months.

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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.

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The Guide to Marriott Airline Partners

Nerd Wallet

Marriott is one of the largest hotel chains in the world and offers travelers plenty of options to use its Bonvoy points for award nights. However, a lesser known feature of the rewards program is the ability to transfer Marriott Bonvoy points to 40 airlines at a ratio that’s better than the transfer ratios from. Elina Geller writes for NerdWallet. Email: egeller@nerdwallet.com.

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U.S. Supreme Court Blocks Enforcement of a Limited Part of New York’s COVID-19 Emergency Eviction and Foreclosure Prevention Act

Consumer Finance Watch

Wayne Streibich, Diana M.

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How to Find Cheap Flights to Disney World

Nerd Wallet

It’s “the most magical place on earth,” but trying to plan a trip to Walt Disney World may feel overwhelming — especially when you’ve got to deal with budgeting, traveling and park planning all at once. Fortunately, it doesn’t have to be so complicated. Or so expensive. Here’s a look at how to find cheap. Carissa Rawson writes for NerdWallet. Email: wpguestuser+carissarawson@nerdwallet.com.

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184 Burr & Forman Attorneys Named Among the 2022 Best Lawyers in America

Burr Forman

Birmingham, Alabama, August 19, 2021 – Burr & Forman LLP announces the inclusion of 184 of its attorneys among the Best Lawyers in America for 2022. One of the oldest and most distinguished legal directories, Best Lawyers conducts peer-review surveys to compile its annual list of top attorneys in a number of practice areas. The 2022 edition of the publication is available today at www.bestlawyers.com.

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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.

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Weebly Review for 2021: Features, Pricing, Top Alternatives

Nerd Wallet

Weebly is a top website tool known for its ease of use and approachability. It’s a user-friendly and affordable platform, capable of providing the essential tools to build a website, blog or e-commerce store. With a focus on simplicity, mobility and affordability, Weebly is probably best suited for smaller businesses, especially those that are just.

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The Pros & Cons of Rent-to-Own Home Deals

Credit Corp

Homeownership is a big deal and can take a lot of work to achieve. Depending on your situation, you may need to save up a large down payment, prove your creditworthiness and then find a home a lender agrees is in your price range. If that sounds like a lot of work, you might be considering a rent-to-own home. Sure, it might sound like a shortcut to homeownership, but there are reasons why rent-to-own is bad news.

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Benefits of the Citi Custom Cash Card

Nerd Wallet

The Citi Custom Cash? Card stands out for its simplicity in a competitive 5% cash-back field. The $0-annual-fee card offers automatically adjusted 5% back in popular everyday categories, which makes it ideal for those who want elevated rewards with no fuss. Here are the benefits of the Citi Custom Cash? Card. » MORE: NerdWallet’s best Citi credit cards .

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Magento vs. Shopify: Which Is Right for Your Business?

Nerd Wallet

When you’re starting an e-commerce business, choosing a platform to build and operate your store is one of the most important decisions you’re going to make. In researching the many options out there, you may see these names pop up again and again: Magento and Shopify. Shopify offers you a fully-hosted platform with a variety. Randa Kriss writes for NerdWallet.

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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.