Fri.Sep 23, 2022

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New Trend Accusing Collectors of Ignoring Cease Communication Requests

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post New Trend Accusing Collectors of Ignoring Cease Communication Requests appeared first on AccountsRecovery.net.

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Unlock the College Financial Aid You Need Starting Oct. 1

Nerd Wallet

Despite the headlines, college is still the surest path toward better lifelong earnings. But a degree is far more likely to pay off if you haven’t borrowed a small fortune to get it. The Free Application for Federal Student Aid, or FAFSA, is a key step in making college affordable. Applications for the 2023-24 school. Cecilia Clark writes for NerdWallet.

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Judge Largely Grants MSJ for Defendant in FCRA, FDCPA Case Over Combined Utility Accounts

Account Recovery

A District Court judge in Maryland has largely granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act and Fair Credit Reporting Act case, but did deny the motion on two counts, dealing with how the plaintiff alleged she was treated by representatives of the defendant, which include allegedly calling the … The post Judge Largely Grants MSJ for Defendant in FCRA, FDCPA Case Over Combined Utility Accounts appeared first on AccountsRecovery.net.

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After Inflation: The Timeline for Lower Prices and Interest Rates

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Let’s assume the Federal Reserve knows what it’s doing. The central bank is slowing the economy with a series.

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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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Healthcare BNPL Firm Raises $35M to Fund Expansion

Account Recovery

A fintech company that started out offering Buy Now, Pay Later services for petcare and has since expanded into healthcare finance for humans has announced it has raised $35 million in funding to help it grow and expand its product. Called Scratchpay, the company has now raised more than $108 million since its founding in … The post Healthcare BNPL Firm Raises $35M to Fund Expansion appeared first on AccountsRecovery.net.

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Why Do Merchant Cash Advance Companies Record Judgments In NY?

FFGN COLLECT NY

Merchant cash advance agreements are drafted in a way that offers an advantage to the lender. Since the documents anticipate a default in payment by the buyer, why then do merchant cash advance companies record judgments in New York? In the past, merchant cash advance companies and other lenders required their clients to sign a confession of judgment that could, in the event of default, be entered in New York without any further notice if and when the default occurred.

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Should I Upgrade to a Chase Sapphire Reserve?

Nerd Wallet

The Chase Sapphire Preferred® Card is one of our absolute favorite starter travel cards. From flexible and valuable points to wide-ranging travel protections, the Chase Sapphire Preferred® Card offers a lot of valuable benefits for just a $95 annual fee card. However, after building up a balance of Chase Ultimate Rewards® points, you might be. JT Genter writes for NerdWallet.

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Retain and Grow Deposit Market Share as Interest Rates Rise

Fico Collections

Home. Blog. FICO. Retain and Grow Deposit Market Share as Interest Rates Rise. For deposit-taking institutions, a rising-rate environment presents both a challenge and an opportunity - and deposit price optimisation provides a strong solution. FICO Admin. Tue, 07/02/2019 - 02:45. by Neil Jennings. expand_less Back To Top. Fri, 09/23/2022 - 11:40. Following an unprecedented 10 years of record-low interest rates and multiple false dawns regarding rate increases, the return of inflation has finally

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Do I Need Travel Insurance for Mexico?

Nerd Wallet

Planning a trip to Mexico? The country has a lot to offer to globetrotters: breathtaking beaches, flavorful food, and striking sights. Plus, it’s easy to get to with nonstop flights from many U.S. hubs. Once you’ve booked your ticket, you might be wondering if you should buy travel insurance for your Mexico trip. Here’s a. Anya Kartashova writes for NerdWallet.

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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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Five Stories that Matter in Michigan This Week – September 23, 2022

Fraser

CRA’s Fines Eight Cannabis Businesses Over Late Financial Reports. The Cannabis Regulatory Agency recently published their monthly disciplinary reports and eight cannabis businesses across the state have been fined for failing to submit annual financial reports by the required deadline. Why it Matters : What comes with the territory of operating a business in a highly regulated arena, business owners both medical and recreational will need to be aware of deadlines for required financial reportin

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5 Best Equipment Leasing Companies for 2022

Nerd Wallet

Equipment leasing is available from banks, alternative and direct lenders, as well as commercial vendors. The top leasing companies can offer competitive rates and terms, industry expertise and transparent lease agreements. The right option for your business, however, will also vary based on the type of equipment lease you’re looking for and your qualifications, among.

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Daily Digest – September 23. New Trend of Accusing Collectors of Ignoring Cease Communication Requests; House Republicans Demand Answers from Chopra

Account Recovery

NEW TREND OF ACCUSING COLLECTORS OF IGNORING CEASE COMMUNICATION REQUESTS More collectors are being sued for allegedly not honoring requests from consumers to cease communications or cease making phone calls. A representative of the defendant in this case also allegedly used vulgar and obscene language when speaking with the plaintiff. More details here.This content is … The post Daily Digest – September 23.

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The Guide to Frontier Elite Status

Nerd Wallet

Reaching status with any airline often feels like an accomplishment: free upgrades, priority boarding, better-earning potential when it comes to miles and even free checked bags, the perks are aplenty. But achieving status often takes time (and many miles flown), so it’s wise to know the payoff before you put in all the effort. From. Alisha McDarris writes for NerdWallet.

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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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Top House Republicans Demand Answers from Chopra

Account Recovery

A pair of Republicans in the House of Representatives have written a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau demanding proof that justifies the Bureau’s authority to take action on rulemakings and initiatives it has announced. The Republicans — Rep. Patrick McHenry [R-N.C.], the ranking member of the House Financial … The post Top House Republicans Demand Answers from Chopra appeared first on AccountsRecovery.net.

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Marriott Unveils Two New Bonvoy Cards, Plus Big Brilliant Changes

Nerd Wallet

After a big year of changes, including a revamp its loyalty program and a refresh of its $95-annual fee credit card, Marriott Bonvoy is shaking things up yet again. Marriott has announced the launch of two new co-branded credit cards, bringing the hotel’s credit card portfolio to a robust total of five personal credit cards. Craig Joseph writes for NerdWallet.

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Is the New Marriott Bonvoy Bevy Card Worth Its Annual Fee?

Nerd Wallet

The American Express Marriott co-branded cards lineup now has a new mid-tier card, the Marriott Bonvoy Bevy American Express Card. This card has an annual fee of $250, which is more than the entry-level $95-annual-fee Marriott Bonvoy Boundless® Credit Card, but less than the premium Marriott Bonvoy Brilliant™ American Express® Card ($650 annual fee).

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What to Do With Your Remaining Student Loan Debt

Nerd Wallet

Twenty million people, or nearly 45% of federal student loan borrowers, will see their debt wiped away through President Joe Biden’s student loan cancellation, according to an August press release by the White House. However, for the 23 million borrowers with debt left over, now is the time to develop a payoff plan. “January is. Cecilia Clark writes for NerdWallet.

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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.