Account Recovery

OCTOBER 16, 2020

ENCORE TO PAY $15M TO SETTLE CFPB LAWSUIT The Consumer Financial Protection Bureau yesterday announced it has settled a lawsuit it filed last month against Encore Capital Group and its subsidiaries, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp. The companies will repay consumers nearly $80,000 and pay a civil fine of $15 … The post Daily Digest – October 16.

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Enterprise Recovery

OCTOBER 16, 2020

When you're trying to learn more about your business finances, a cash flow statement is a must. This financial statement paints a clear picture of how your business is managing its cash to pay debts and fund operations. The cash flow statement can help determine the success of your business and be an important indicator of potential to an investor. What is a cash flow statement and why is it important?

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Account Recovery

OCTOBER 16, 2020

Maybe there is something to the theory that people are far more productive when working from home than they ever were sitting inside an office. That might be one explanation why, and I say this completely with my tongue in my cheek, the number of public enforcement actions taken during the third quarter of 2020 … The post CFPB Enforcement Actions Spike in 3Q appeared first on AccountsRecovery.net.

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Nerd Wallet

OCTOBER 16, 2020

Is Halloween canceled this year? It might be in your neighborhood, but it’s not canceled everywhere. Sure, some popular, annual Halloween events at theme parks are off the table this year. With Disneyland still closed, that means the park’s annual Oogie Boogie Bash Halloween party is out. The Universal Studios Halloween Horror Nights are known. Sally French is a writer at 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

OCTOBER 16, 2020

A District Court judge in Texas has denied a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act, ruling that a garnishment action taken eight years after a default judgment was awarded is not subject to the law’s one year statute of limitations when the underlying default judgment … The post Judge Denies MTD in FDCPA Case Over Garnishment SOL appeared first on AccountsRecovery.net.

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Garnishment Fair Debt Collection Judgment Collections 227

Account Recovery

OCTOBER 16, 2020

The following are statements included in a press release published by Encore Capital Group yesterday, after it was announced that the company and its subsidiaries had settled a lawsuit filed against them by the Consumer Financial Protection Bureau. The settlement will see the companies refund about $80,000 to consumers, pay a fine of $15 million, … The post Encore Statement Following Settlement of CFPB Suit appeared first on AccountsRecovery.net.

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Credit Corp

OCTOBER 16, 2020

The coronavirus pandemic caused many people to cancel travel plans around the world. You might’ve already had to cancel a family vacation or two. But not being able to travel doesn’t mean there aren’t things to plan for fun at home–beyond your typical game night. You and your family can recharge without ever leaving your hometown.

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Luftman, Heck & Associates.

OCTOBER 16, 2020

It can be incredibly rewarding to own your own business. It can also be incredibly expensive – between marketing, payroll, and other overhead costs, you may find yourself spending a lot to keep your business running. Add to that a couple of months where maybe your profits didn’t meet expectations, and you’re looking at an enormous amount of debt. When your self-employment costs get out of hand, it might be Read More.

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Bankruptcy 98

Nerd Wallet

OCTOBER 16, 2020

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 27. Black Friday sales are ripe with savings on shiny new electronics. That certainly includes cell phones. Lauren Schwahn is a writer at NerdWallet.

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Retail 98

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Collections

Better Credit Blog

OCTOBER 16, 2020

Have a collections entry from Asset Acceptance LLC on your credit report? If Asset Acceptance is on your credit report, it’s probably because you forgot about a bill. It’s important to deal with a collections agency like Asset Acceptance quickly. The longer you ignore their calls and letters, the more damage your credit could face. Fortunately, getting a collection entry off your report and putting a stop to the debt collector’s calls is simple and straightforward.

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Debt collector Collection Agencies Collections Agency Credit Card Debt 94

Nerd Wallet

OCTOBER 16, 2020

Kroger is one of the largest grocery store chains in the U.S., with over 2,700 stores across 35 states. If you’re a dedicated shopper at one of the many stores in the Kroger “family,” you might be considering the Kroger 1-2-3 REWARDS® World Mastercard® for your frequent grocery runs. But even for Kroger loyalists, this card isn’t. Funto Omojola is a writer at NerdWallet.

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FFGN COLLECT NY

OCTOBER 16, 2020

After finally collecting the monies owed to you through debt collection litigation, the debtor wants their money back. How is that possible? Doesn’t the money belong to you? Can a debtor really get their money back? Recovering monies owed can be a long and arduous process. First, you have to put the customer into collections. If the demand is not productive, you needed to sue and wait for judgment.

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Nerd Wallet

OCTOBER 16, 2020

The Etihad Guest program may not be the first name that comes to mind when you think of booking an award flight. It’s based in the United Arab Emirates, far from the U.S., and it’s not a member of any of the three major airline alliances: the Oneworld alliance, Star alliance or SkyTeam alliance. Instead, Michael McHugh is a writer at 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

Burr Forman

OCTOBER 16, 2020

In episode 13 of the Take 5 Immigration Podcast Series, Melissa Azallion is joined by Burr associate Jonathan Eggert to talk about some recent immigration developments. They discuss new rules that have been implemented and those which have been blocked by various courts over the last year. The podcast is hosted by Burr partner Melissa Azallion and special guest Jonathan Eggert from the firm’s Hilton Head office.

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Nerd Wallet

OCTOBER 16, 2020

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 27. What are Costco’s Black Friday 2020 store hours? Costco warehouses will be closed on Thanksgiving, as. Hal M. Bundrick, CFP is a writer at NerdWallet.

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Retail 53

Fico Collections

OCTOBER 16, 2020

With ambitious goals to open up banking and decimate fraud, PSD2 has taken a long time to deliver, and we’re not quite there yet. In many European Union countries, the implementation of Strong Customer Authentication will become a reality in the coming months – but are they ready? And perhaps more importantly, are their customers? PSD2 requires security measures to ensure only legitimate customers are transacting, including making e-commerce payments.

Banks 52

Banks Collections 52

Nerd Wallet

OCTOBER 16, 2020

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 27. TVs steal the Black Friday spotlight year after year, for good reason: Electronics retailers, big-box stores. Lauren Schwahn is a writer at NerdWallet.

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Retail 53

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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.

Collections

Fico Collections

OCTOBER 16, 2020

With ambitious goals to open up banking and decimate fraud, PSD2 has taken a long time to deliver, and we’re not quite there yet. In many European Union countries, the implementation of Strong Customer Authentication will become a reality in the coming months – but are they ready? And perhaps more importantly, are their customers? PSD2 requires security measures to ensure only legitimate customers are transacting, including making e-commerce payments.

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Banks Collections 40

Nerd Wallet

OCTOBER 16, 2020

The Blue Business® Plus Credit Card from American Express is a business rewards card with a unique set of perks that can deliver high value for the right cardholder. With a $0 annual fee, this card is a strong choice for frugal rewards collectors. Terms apply. But to get the most value out of this. Alex Cramer is a writer at NerdWallet. Email: travel@nerdwallet.com.

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Debt

OCTOBER 16, 2020

The post COVID-19 Loans: What Are Your Options? appeared first on Debt.org.

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Loans 52

Nerd Wallet

OCTOBER 16, 2020

American Express is giving new American Express® Gold Card cardholders an opportunity to snag a richer welcome offer. New applicants can now earn the following bonus: Earn 60,000 Membership Rewards points after you spend $4,000 on eligible purchases with your new card within the first six months. Terms apply. That’s an increase of 25,000 points from the previous offer, Gregory Karp is a writer at NerdWallet.

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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.

On Guard

OCTOBER 16, 2020

The post NL | FINANCIEEL MANAGEMENT appeared first on Onguard.

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Nerd Wallet

OCTOBER 16, 2020

Backed, a lender that offered low-rate, co-signed personal loans, appears to no longer offer unsecured personal loans. The lender no longer has an online presence and NerdWallet is unable to contact the company. You can find a personal loan at banks, credit unions and online lenders. » MORE: Compare lenders that accept co-signers and joint borrowers.

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Personal loans Loans Credit Unions Credit Unions 52

NACM

OCTOBER 16, 2020

Retail sales are on the rise again, and sales are faring better than expected. According to the Census Bureau, U.S. retail and food services sales in September increased 1.9% from August. Data is also 5.4% higher than September 2019. Sales between July and September 2020 were ahead 3.6% compared to the same period in 2019.Across the board, sales im.

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Retail 5

Nerd Wallet

OCTOBER 16, 2020

Petal, the New York-based startup behind the Petal Visa credit card, has tweaked its original product after more than two years on the market, while also sprouting a brand-new blossom. The Petal portfolio now includes two cards: The Petal 1 "No Annual Fee" Visa® Credit Card (a new card). The Petal 2 "Cash Back, No Fees". Melissa Lambarena is a writer at NerdWallet.

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Startups 52

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Credit Unions