Account Recovery

OCTOBER 22, 2021

If you have ever watched a movie where someone goes to jail, the advice that the person usually receives is to fight the biggest inmate on the first day, to show you mean business and that you’re tough. Well, the new Director of the Consumer Financial Protection Bureau, who has been in office for all … The post CFPB Launches Investigation into How Tech ‘Giants’ Use Payment Info appeared first on AccountsRecovery.net.

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Nerd Wallet

OCTOBER 22, 2021

Supply chain issues, shipping delays and lingering fears from the pandemic have injected a heightened level of stress and scarcity into this year’s holiday shopping season. That could lead some consumers to fall for scam deals or buy products that aren’t quite what they expected. Here’s how to avoid a Black Friday deal that’s too. Sean Pyles writes for NerdWallet.

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Account Recovery

OCTOBER 22, 2021

The Court of Appeals for the Ninth Circuit has affirmed a lower court’s ruling denying a debt collector’s motion for relief from a judgment because of “gross negligence” by its attorney for failing to respond to a motion for summary judgment filed by the plaintiff in a Fair Debt Collection Practices Act lawsuit that ultimately … The post Appeals Court Upholds Ruling Denying Defendant’s Request for Relief of Judgment in FDCPA Case appeared first on AccountsReco

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Nerd Wallet

OCTOBER 22, 2021

The federal government’s Paycheck Protection Program provided small-business owners with just under $800 billion in COVID-19 relief, according to the U.S. Small Business Administration. The PPP concluded on May 31, but as businesses forge ahead in the recovery process, they may find a continued need for affordable financing. Here are some of the government funding.

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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 22, 2021

APPEALS COURT UPHOLDS RULING DENYING DEFENDANT’S REQUEST FOR RELIEF OF JUDGMENT IN FDCPA CASE The Court of Appeals for the Ninth Circuit has affirmed a lower court’s ruling denying a debt collector’s motion for relief from a judgment because of “gross negligence” by its attorney for failing to respond to a motion for summary judgment … The post Daily Digest – October 22.

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Account Recovery

OCTOBER 22, 2021

The Consumer Financial Protection Bureau has started taking steps to beef up its enforcement division, announcing the hiring of an attorney who will lead the unit while also announcing that it is looking to hire as many as 30 additional attorneys, according to published reports. Eric Halperin has been tapped to lead the enforcement division, … The post Chopra Picks Enforcement Director as Unit Staffs Up: Reports appeared first on AccountsRecovery.net.

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Collections Law

OCTOBER 22, 2021

As an architect, you take pride in your work and when you deliver your product to a customer, you expect to get paid. What can you do if they don’t pay you as agreed, even though you have already done the work? Contractors and subcontractors often use mechanic’s liens to help them secure payment, but architects often do their work even before the builders break ground.

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Account Recovery

OCTOBER 22, 2021

The Department of Education has approved a request from Navient to transfer its portfolio of 5.6 million of student loans to Maximus, which will take over Navient’s contract with the Department going forward. Navient announced its decision to stop servicing loans under the Next Generation Financial Services Environment program, or NextGen, last month.

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Nerd Wallet

OCTOBER 22, 2021

A home warranty can protect homeowners from expensive out-of-pocket repairs by helping cover the cost of replacing or repairing some major systems and appliances. But you may be surprised to learn what’s actually covered — and what isn’t — with a typical home warranty. What does a typical home warranty plan cover? When buying a. Linda Bell writes for NerdWallet.

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Consumer Finance

OCTOBER 22, 2021

Director Rohit Chopra remarks at the joint DOJ, CFPB, and OCC press conference on the Trustmark National Bank enforcement action.

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Nerd Wallet

OCTOBER 22, 2021

What do you get when you cross Black Friday deals with a continuing pandemic, supply chain disruptions and inflation? Answer: a very messy version of the biggest discount day of the year, which happens annually on the day after Thanksgiving. This year, that’s Nov. 26. Here are five predictions from retail experts about Black Friday. Courtney Jespersen writes for NerdWallet.

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Debt Guru

OCTOBER 22, 2021

Did you just open your first credit card account? Congratulations! There’s a lot to know about savvy credit card use. Unfortunately, the best place to learn what you need to know so you can protect your financial future isn’t always your credit card company. Here are four important things that your lender might not tell you – but knowing them can spare you a world of financial hurt. 1.

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Nerd Wallet

OCTOBER 22, 2021

Cabo San Lucas is a popular getaway thanks to low prices, tasty food and friendly people. Travelers love to soak up the sun on the sandy beaches, go deep-sea fishing and snorkel in the many bays along the coast. One of the most popular tourist attractions is El Arco, a naturally curved rock formation at. Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com.

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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

Troutman Sanders

OCTOBER 22, 2021

The Consumer Bankers Association (CBA), a trade group of retail financial institutions, recently sent a letter to the Consumer Financial Protection Bureau (CFPB) director, requesting increased supervision of financial technology companies (fintechs). On October 3, just three days after Rohit Chopra was confirmed as the next CFPB director, the CBA urged him to consider expanding the agency’s larger participant rule.

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Nerd Wallet

OCTOBER 22, 2021

Citi’s ThankYou Points program may not be as well-known as Chase Ultimate Rewards® or American Express Membership Rewards but it’s worth giving Citi’s eclectic list of transfer partners a closer look for the right points collectors and cardholders. You can transfer Citi ThankYou points to fly to Hawaii for just 7,500 points, fly to London. JT Genter writes for NerdWallet.

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On Guard

OCTOBER 22, 2021

Short to medium-term digital strategies double to 35% among financial organisations. London, UK, 21 October 2021 – Despite the turbulence of the last year, UK businesses continue to make positive strides towards technological innovation. This fresh analysis of four years of data from Visma | Onguard’s Fintech Barometer highlights this. The report shows that number of organisations planning to undertake a digital transformation strategy within the next 6 to 11 months has more than doubled (from 1

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Nerd Wallet

OCTOBER 22, 2021

One of the biggest strengths of hotel loyalty programs lies in the breadth of their property network and diverse list of brands. After all, what good is earning points if you cannot redeem them for valuable stays at the types of hotels you want in the places you want to visit? Whether you are looking. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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