Account Recovery

FEBRUARY 10, 2021

CFPB PUTS OUT CALL SEEKING TO HIRE MORE ATTORNEYS If anyone needed further proof that the Consumer Financial Protection Bureau is planning on ramping up its enforcement activities, one need not look any further than the post the Acting Director Dave Uejio posted yesterday, making an open call for any attorneys who might be interested … The post Daily Digest – February 10.

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Nerd Wallet

FEBRUARY 10, 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. During my seven years as a financial advisor, I often had two-hour phone calls with clients. Armed with my cheat sheet of English-to-Mandarin financial.

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Education 118

Account Recovery

FEBRUARY 10, 2021

InDebted, an Australian company that made a huge splash this week by announcing its entry into the United States accounts receivable management industry through a huge acquisition and hiring some very well-known names to help guide it, raised nearly $8 million to fund its expansion. About two-thirds of the investment came in the form of … The post InDebted Raises $8M in Capital to Fund Acquisition, U.S.

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Nerd Wallet

FEBRUARY 10, 2021

Identity theft and tax refund fraud are issues no one wants to spend time thinking about. But everyone should: Untangling the mess a fraudster leaves behind can take months, or even years, so taking precautions to protect your identity now are well worth it. This year, the IRS is making those precautions easier by making. Alana Benson writes for NerdWallet.

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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

FEBRUARY 10, 2021

If anyone needed further proof that the Consumer Financial Protection Bureau is planning on ramping up its enforcement activities, one need not look any further than the post the Acting Director Dave Uejio posted yesterday, making an open call for any attorneys who might be interested in working in the public sector. The recruiting effort … The post CFPB Puts Out Call Seeking to Hire More Attorneys appeared first on AccountsRecovery.net.

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Account Recovery

FEBRUARY 10, 2021

A District Court judge in Pennsylvania has granted a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act by sending the plaintiff a collection letter that indicated the amount owed may “increase or decrease” which allegedly created a false sense of urgency. A copy of the ruling … The post Judge Grants MSJ For Defense in FDCPA Suit Over Reference to Changing Debt Balance in letter appeared first on AccountsRecove

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Nerd Wallet

FEBRUARY 10, 2021

After all these stay-at-home orders and travel restrictions, you’re itching to get out on the vast, open ocean. You’re ready to see multiple countries — but only want to unpack once. You’re yearning for the all-you-can-eat popcorn on the pool deck. But you’re also skeptical of when you’ll actually be able to cruise. Given a. Sally French writes for NerdWallet.

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Account Recovery

FEBRUARY 10, 2021

A District Court judge in Missouri has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Credit Reporting Act because it allegedly did not conduct a reasonable investigation after being notified of a dispute, even though the plaintiff included the letter he received from the defendant verifying the debt … The post Judge Grants MSJ For Defense in FCRA Case Over Disputed Debt appeared first on AccountsRecovery.net.

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Judgment 189

Nerd Wallet

FEBRUARY 10, 2021

Original Medicare doesn’t pay for routine eye exams unless you’re known to be in a high-risk group for eye disease — although some Medicare Advantage plans do include vision coverage. Because some potentially serious eye conditions aren’t apparent to the patient in their early stages, when treatment could prevent or reduce loss of vision, it. John Rossheim writes for NerdWallet.

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Collections

Luftman, Heck & Associates.

FEBRUARY 10, 2021

You’ve probably resigned yourself to paying your student loans for decades. No matter how bad your financial situation, you know they aren’t going away. Bankruptcy can help with a credit card, medical, mortgage, and other debts, but not with student loans. Historically, private and federal student loans can’t be canceled by bankruptcy. That could all be changing, though.

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Nerd Wallet

FEBRUARY 10, 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. There are lots of reasons to be excited about advances in renewable energy: The field is helping to preserve the environment and creating new.

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Education 88

Troutman Sanders

FEBRUARY 10, 2021

In Frank Gilbert v. I.C. System, Inc. , the U.S. District Court for the Northern District of Illinois denied the defendant’s motion to compel arbitration in a FDCPA class action, holding that the corporate declaration offered by the defendant was insufficient to prove that the plaintiff actually saw and agreed to the account terms and conditions when he signed up for his cell phone contract. 2021 U.S.

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Nerd Wallet

FEBRUARY 10, 2021

Where would you live if you could work from anywhere? The idea of geographic independence had remained just that for many workers — an idea — until the pandemic offered an opportunity to try it in action. Many U.S. workers found themselves working from home in 2020, which actually turned out to be “work from anywhere,”. Sam Kemmis writes for NerdWallet.

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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

FEBRUARY 10, 2021

On February 2, Judge Robert T. Dawson, in the Western District of Arkansas, granted a defendant debt collector’s motion for summary judgment. The court determined Monterey Financial Service LLC’s responses to plaintiff Kyle Steven Johnston’s debt validation request did not constitute harassment and satisfied Monterey’s obligations under the FDCPA. At issue in the case was a time share membership.

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Nerd Wallet

FEBRUARY 10, 2021

Credit cards are a convenient way to pay for something, but historically they’ve lacked flexible or inexpensive ways to access your credit line beyond making purchases. Traditionally, one of the only other ways to tap your credit line for money has been a cash advance, which usually comes with a sky-high interest rate and expensive. Melissa Lambarena writes for NerdWallet.

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Payment Savvy

FEBRUARY 10, 2021

In the 21st century, accepting credit card payments is a must for any business. The modern consumer is well aware of how convenient, secure, and seamless credit card transactions are. And as a result, they prefer the form of payment over any other. So, if you are still asking for cash, it’s time to reconsider your business’ payment infrastructure.

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Nerd Wallet

FEBRUARY 10, 2021

Banks are best for small-business loans if your company has been around more than a year and doesn’t need cash fast. Approvals can take months and are far from a sure thing — even with good credit. Banks approve only about 13% of business loan applications, according to the latest data from the Biz2Credit Small. Ryan Lane writes for NerdWallet. Email: rlane@nerdwallet.com.

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Collections

Troutman Sanders

FEBRUARY 10, 2021

In a statement recently disseminated to all Consumer Financial Protection Bureau (CFPB) personnel , Acting Director Dave Uejio set forth new priorities for the CFPB’s Supervision, Enforcement, and Fair Lending Division (SEFL), specifically around providing COVID-19 relief to consumers and racial equity. In the statement, Uejio communicated his belief that “strong oversight” can make a “meaningful impact” on helping the country’s efforts to recover from the pandemic.

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Nerd Wallet

FEBRUARY 10, 2021

If you have multiple streams of debt, like high-interest credit cards, medical bills or personal loans, debt consolidation can combine them into one fixed monthly payment. Getting a debt consolidation loan or using a balance transfer credit card can make sense if it lowers your annual percentage rate. But refinancing debt has pros and cons. Jackie Veling writes for NerdWallet.

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FFGN COLLECT NY

FEBRUARY 10, 2021

If collecting debts owed to your business is draining your time, patience, and resources, it’s time to consider hiring a professional. The internet is awash with ads for collection agencies that promise to obtain money for you, but their harsh and aggressive collection techniques could reflect badly on your business. That’s why it’s important to hire a reputable collection attorney that knows how to collect B2B debt properly.

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Nerd Wallet

FEBRUARY 10, 2021

The COVID-19 pandemic introduced many casual travelers to the confusing world of refunds, vouchers and cancellation policies. Expecting to receive cash refunds for canceled flights, many were surprised to receive vouchers instead. Although specific refund and voucher policies vary from situation to situation, some consistencies (and federal regulations) allow for a few broad generalizations: Air.

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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.

CSA

FEBRUARY 10, 2021

The role of the Counter Fraud Investigator (CFI) has become critical within the law enforcement sector, particularly within government organisations such as HMRC, DEFRA, Department of Health, Insolvency Service, DWP, SFO, and Local Authorities. In this guest blog for the Counter Fraud Conference (23 February 2021), Fiona Macaskill, Director of Learning & Development at Credit Services Association explains more about the apprenticeships and training available around this invaluable role.

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Government 40

Nerd Wallet

FEBRUARY 10, 2021

If you’re spending more on groceries now than ever, the Amazon Prime Rewards Visa Signature Card might be worth a look. Through March 3, new applicants can earn a $100 statement credit when they spend $100 in-store at Whole Foods Markets within two months of account opening. Plus, they’ll have the option of a Whole Foods card design for their. Erin Hurd writes for NerdWallet.

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Debt

FEBRUARY 10, 2021

Biden wants the minimum wage – currently set at $7.25 an hour – to jump to $15 an hour by 2025. The increases would be phased in at approximately $1.75 an hour for each of the next four years. The new standard would mean pay raises for 17 million workers directly affected and lift 900,000… The post $15 Minimum Wage Increase: Will It Happen? appeared first on Debt.org.

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Nerd Wallet

FEBRUARY 10, 2021

Earning World of Hyatt elite status got easier in 2021 because the chain lowered its requirements by 50% for every tier through the end of the year. This is great news if you’re looking to requalify for status or if it’s your first time pursuing elite status in World of Hyatt. With more than 950. Keith M. Rosso writes for NerdWallet. Email: travel@nerdwallet.com.

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