Wed.Oct 21, 2020

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Ninth Circuit Sides With Defendant in FCRA Permissible Purpose Case

Account Recovery

In a case that was defended and argued by Troutman Pepper, the Ninth Circuit Court of Appeals yesterday upheld a summary judgment in favor of a defendant that was accused of violating the Fair Credit Reporting Act by obtaining credit reports on individuals without a permissible purpose. A copy of the ruling in the case … The post Ninth Circuit Sides With Defendant in FCRA Permissible Purpose Case appeared first on AccountsRecovery.net.

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Are You Saving Money in the Right Place?

Nerd Wallet

If you’re working toward a savings goal, you have a lot of options for where you can put away your cash. Savings accounts, certificates of deposit, money market accounts, cash management accounts and investment accounts are all possibilities. So which should you choose? That depends on how far away your goal is, how much you. Chanelle Bessette is a writer at NerdWallet.

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Judge Grants MTD in FDCPA Case Over Lack of Standing

Account Recovery

In a case that was defended by The Echols Law Firm, with local counsel provided by Charles McHale of Golden Scaz Gagain, a District Court judge in Florida has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because the plaintiff claimed to have been misled … The post Judge Grants MTD in FDCPA Case Over Lack of Standing appeared first on AccountsRecovery.net.

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What to Know About Buying a Co-op

Nerd Wallet

With a co-op, you aren’t actually buying a home. Instead, you’re buying shares in a corporation that allow you to live in a home. This can make financing a co-op difficult, since it’s not actually a real estate transaction. But if you live in an area where co-ops are common, like New York City or. Kate Wood is a writer at NerdWallet. Email: kwood@nerdwallet.com.

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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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Judge Denies MTD in FCRA Case Over Discharged Debt

Account Recovery

A District Court judge in Missouri has denied a defendant’s motion to dismiss after it was sued for violating the Fair Credit Reporting Act, ruling that an individual does not have to notify a furnisher or credit reporting agency of a discrepancy in his or her credit report and allow enough time for the dispute … The post Judge Denies MTD in FCRA Case Over Discharged Debt appeared first on AccountsRecovery.net.

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Virginia Hospital Network Spotlighted For Filing Liens to Collect on Unpaid Debts

Account Recovery

The University of Virginia Health System is back in the headlines again, this time being accused of attaching liens to patients’ property as a means of collecting on unpaid debts. The healthcare provider has “thousands” of liens on properties and continues to obtain new ones on older court cases, according to a published report. UVA … The post Virginia Hospital Network Spotlighted For Filing Liens to Collect on Unpaid Debts appeared first on AccountsRecovery.net.

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What You Need to Know About Spirit Airlines Fees

Nerd Wallet

It can be easy to be fooled into thinking you scored a deal after nabbing a $26 flight to Las Vegas on Spirit Airlines. But while the airfare itself is certainly cheap, there’s a good chance your total flight costs will far exceed $26. That’s because Spirit Airlines has one of the most comprehensive a. Sally French is a writer at NerdWallet. Email: sfrench@nerdwallet.com.

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N.J. AG Sues Navient, Alleging ‘Unconscionable’ and ‘Deceptive’ Practices

Account Recovery

The Attorney General of New Jersey yesterday filed a lawsuit against student loan servicing giant Navient, accusing the company of engaging in “unconscionable” practices, “deceptive” conduct, and making misrepresentations when collecting on loans owed by residents of The Garden State. A copy of the complaint can be accessed by clicking here.

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How to Maximize the Southwest Rapid Rewards Performance Business Card

Nerd Wallet

The Southwest Rapid Rewards® Performance Business Credit Card is the premium business credit card from Southwest Airlines. Although it offers a generous welcome bonus, you get that only once. The real value from this credit card comes when you maximize its benefits year after year. By squeezing out all of its value, you’ll get benefits. Lee Huffman is a writer at 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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Daily Digest – October 21. Ninth Circuit Sides With Defendant in FCRA Permissible Purpose Case; Judge Grants MTD in FDCPA Case Over Lack of Standing

Account Recovery

NINTH CIRCUIT SIDES WITH DEFENDANT IN FCRA PERMISSIBLE PURPOSE CASE In a case that was defended and argued by Troutman Pepper, the Ninth Circuit Court of Appeals yesterday upheld a summary judgment in favor of a defendant that was accused of violating the Fair Credit Reporting Act by obtaining credit reports on individuals without a … The post Daily Digest – October 21.

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PlayStation Black Friday 2020 Deals: Are They Worth It?

Nerd Wallet

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 deals are already within reach. However, there’s another reason for gamers to get excited. Lauren Schwahn is a writer at NerdWallet.

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A Condominium Owner Did Not Pay The Assessment. How Do I Collect?

Jimerson Firm

Under Florida law, condominium associations have the ability to assess unit owners for their proportional amount of the costs and expenses for maintaining and operating the condominium property. The ability of condominium associations to collect assessments from unit owners is provided for in Chapter 718, Fla. Stat., and in the condominium’s governing documents.

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Fitbit Black Friday 2020 Deals: Are They Worth It?

Nerd Wallet

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. Fitbit’s vast health and fitness product line includes smartwatches with built-in GPS and colorful activity trackers.

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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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Branding Arc Sponsors NCBA 2020 Executive Experience

The McHughes Law Firm

Branding Arc is proud to be a sponsor of this year’s National Creditors Bar Association (NCBA) 2020 Executive Experience that will take place on October 21-23 in Phoenix. This hybrid conference will feature educational and networking opportunities for association members both in-person at the JW Marriott and through the virtual experience attendance option.

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U-Box Moving and Storage: What to Know

Nerd Wallet

U-Box is U-Haul’s moving container and storage service. It operates in all 50 states and, unlike similar services, allows you to ship your belongings to almost any port in the world. You can get instant quotes on local or interstate moves through its website. Services U-Box containers are large, plywood crates with large doors covered. Javier Simon is a writer at NerdWallet.

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How To Remove Absolute Resolutions Investments LLC From Your Credit Report

Better Credit Blog

Absolute Resolutions Investments LLC is a debt collection agency. If they’re contacting you or have appeared on your credit report, it’s important to handle the situation as quickly as possible. While one collections entry might not do terrible damage to your credit, it can lower your score for 7 years. Before you pay ARI a penny, read on. Calling the agency and making them a payment (or calling them at all) might not be in your best interest.

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FICO to Sell Cyber Risk Scoring Business to Institutional Shareholder Services

Fico Collections

Cyber risk is a threat to every modern business, and those risks present themselves both directly and throughout organizations' extended supply chains. Those risks can impact companies, their customers, their supply chain partners, and their investors. At FICO, we built our industry-leading FICO Cyber Risk Score to help organizations in their efforts to measure, manage and reduce cyber risk.

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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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How To Remove Absolute Resolutions Investments LLC From Your Credit Report

Better Credit Blog

Absolute Resolutions Investments LLC is a debt collection agency. If they’re contacting you or have appeared on your credit report, it’s important to handle the situation as quickly as possible. While one collections entry might not do terrible damage to your credit, it can lower your score for 7 years. Before you pay ARI a penny, read on. Calling the agency and making them a payment (or calling them at all) might not be in your best interest.

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Plaintiff in Facebook v. Duguid Files Supreme Court Brief Supporting Broad Interpretation of ATDS Definition

TCPA

The Plaintiff in Facebook, Inc. v. Duguid—the case that promises to resolve the growing circuit split over the TCPA’s definition of an ATDS—has filed his merits brief in the Supreme Court.

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How To Remove TU Interactive From Your Credit Report

Better Credit Blog

Curious about an entry from TU Interactive on your credit report? When your report has an inquiry from TU Interactive, it’s probably because you applied for some type of credit. If you’re worried about a hard inquiry from TU Interactive lowering your credit score, read on for a few pointers that may help you to get the entry deleted from your report.

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A New Wave of Board Diversity Derivative Litigation

Troutman Sanders

With a hot national spotlight on issues of racial diversity, equality, and inclusion, the composition of corporate boards of directors is facing increased scrutiny from the American public, legislators and the plaintiffs’ bar. The plaintiffs’ bar fired their first shot in July 2020 with a shareholder derivative complaint against the board of a Fortune 100 company, followed in quick succession by additional derivative lawsuits against the boards of a number of public companies that allegedly lack

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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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Is the Discover it Miles Travel Credit Card Worth It?

Nerd Wallet

Some rewards cards charge high annual fees in exchange for premium travel perks. If you need a more affordable travel-friendly rewards card, however, you still have options. The $0-annual-fee Discover it® Miles travel credit card doesn’t offer swanky travel benefits, like lounge access or an annual travel credit, but its other features are valuable for.

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The Pandemic Is Accelerating Auto Dealers' Digital Transformation

Fico Collections

You can add “buying a car” to the long list of activities that have changed in 2020 — and many consumers are happy to embrace the change. A Cox Automotive report released in May 2020 shows how the pandemic is changing the car business, and found that two in three people surveyed are now more likely to purchase a vehicle completely online. How does that affect the auto dealership business?

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Our 2020 Highlights and 2021 Outlook

Katabat

As citizens of the world, we know that 2020 will ultimately go down in history as a year of great significance. Many of us are eager for the start of a New Year. At Katabat, a business operating in the US, Europe, and Australia, we have been creating our own amazing story of change and transformation in the midst of these unprecedented times. I am proud to announce the launch of an updated website and fresh new brand look.

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The Pandemic Is Accelerating Auto Dealers' Digital Transformation

Fico Collections

You can add “buying a car” to the long list of activities that have changed in 2020 — and many consumers are happy to embrace the change. A Cox Automotive report released in May 2020 shows how the pandemic is changing the car business, and found that two in three people surveyed are now more likely to purchase a vehicle completely online. How does that affect the auto dealership business?

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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.