Thu.Oct 29, 2020

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Judge Denies Defendant’s Motion in FDCPA Case Over Deceased’s Debt

Account Recovery

A District Court judge in Louisiana has denied a defendant’s motion for judgment on the pleadings or summary judgment after it was sued for allegedly violating the Fair Debt Collection Practices Act by, among other claims, failing to properly validate a debt when it attempted to collect from the estate of a deceased individual. A … The post Judge Denies Defendant’s Motion in FDCPA Case Over Deceased’s Debt appeared first on AccountsRecovery.net.

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What to Know About Buying an Investment Property

Nerd Wallet

An investment property is real estate bought for the purpose of generating income. Investment properties can come with challenges, such as maintenance costs and more stringent financing requirements — including higher interest rates and a larger down payment — compared with mortgages on primary homes. What is an investment property? An investment property generates income.

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Most Consumers Don’t Understand Their Medical Bills: TransUnion

Account Recovery

Barely half of the participants in a survey conducted by TransUnion Healthcare said they fully understood their financial responsibility for a recent medical bill, and that figure was significantly lower for younger generations. Only 37% of members of Generation Z (born after 1995) said they fully understood their medical bill, compared with 47% of Millennials … The post Most Consumers Don’t Understand Their Medical Bills: TransUnion appeared first on AccountsRecovery.net.

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What to Know About a Credit-Based Insurance Score

Nerd Wallet

You have a flawless driving record, never had a gap in coverage and you’re the only one on your policy. Yet your car insurance rates still are higher than all your utility bills combined. One possible culprit? Having poor credit, or, more specifically, a low credit-based insurance score. What is a credit-based insurance score? Your. Kayda Norman is a writer at NerdWallet.

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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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Daily Digest – October 29. Getting to Know Amber Billman of Healthcare Receivables Solutions; Judge Denies Defendant’s Motion

Account Recovery

GETTING TO KNOW AMBER BILLMAN OF HEALTHCARE RECEIVABLES SOLUTIONS Did Amber Billman’s last name pre-determine the career she would have? Not likely. But it is an interesting coincidence, especially considering how much she dislikes talking on the phone. Read on to learn more about Amber, how she can likely teach you a thing or two … The post Daily Digest – October 29.

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The Case of the Disappearing Lawyers

Account Recovery

When does a series of seemingly separate events become indicative of a trend? That is a question I have been asking myself a lot lately, and now I am putting it to you. During the past five or six months, I have seen or heard of a growing number of in-house attorneys who have left … The post The Case of the Disappearing Lawyers appeared first on AccountsRecovery.net.

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Fast and Effective Ways to Pay Down Debt

Debt Guru

Are you heavy in debt and need to get out from under the burden? Is debt limiting your options in life and you need a way out? Debt has a way of creeping up on all of us, especially when we least expect it. If this has happened to you, and you know it’s time to make a change, these are some simple strategies that can help you make big dents in your debt.

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Getting to Know Amber Billman of Healthcare Receivables Service

Account Recovery

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Amber Billman of Healthcare Receivables Service appeared first on AccountsRecovery.net.

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New SoFi Credit Card Earns Up to 2% Cash Back If Applied to SoFi Accounts

Nerd Wallet

Personal finance company SoFi has introduced its first credit card, a cash-back card that aims to incentivize saving, investing or paying down a loan. The SoFi Credit Card is currently available only to SoFi members who were notified through an email, but anyone can join the waitlist on the company’s website. The $0-annual-fee card advertises. Sara Rathner 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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Getting to Know Amber Billman of Healthcare Receivables Solutions

Account Recovery

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Amber Billman of Healthcare Receivables Solutions appeared first on AccountsRecovery.net.

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How to Apply for a Personal Loan if You’re Self-Employed

Nerd Wallet

A personal loan could be an option if you want to consolidate high-interest debts in one monthly payment or finance a large project like a home renovation. But qualifying for a personal loan can be a bit more complicated if you’re self-employed. That’s because the lender may ask you for documents proving your income during. Sara Rathner is a writer at NerdWallet.

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NCLC report: States that Put Families at Risk of Poverty During the Covid Crisis

Public Citizen

The National Consumer Law Center issued a report on the impact of debt-collection during the pandemic and state laws that help, or harm, struggling families. From NCLC's press release: As millions of families suffer job loss or struggle to pay bills during COVID-19, states have an important role in protecting them from seizure of essential wages and property to pay old debts.

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How Losing Obamacare Could Cost You

Nerd Wallet

If the Supreme Court throws out the Affordable Care Act, your finances and your future could pay the price. Retiring early or starting a business might become too hazardous if your access to health insurance isn’t guaranteed. You might have to wait a year before pre-existing conditions are covered by an employer’s plan. Young adults. Liz Weston is a writer at 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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How is the CDC’s Eviction Moratorium Impacting Property Managers?

Click Notices

On September 1, 2020, the U.S. Center for Disease Control and Prevention (CDC) issued its order regarding the “Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19″ The order went into effect on September 4, 2020 and prohibits residential landlords from evicting certain tenants through December 31, 2020. Who Does the CDC Order Protect?

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Understanding Medicare Prescription Drug Plans

Nerd Wallet

You won’t find outpatient drug coverage in Medicare Part A or Part B, even though medicines are a large percentage of many seniors’ health care budgets. That’s one reason why, starting in 2006, Medicare began offering Part D, an optional program that helps cover the cost of prescription drugs. Prescription drug plans are offered by. Walecia Konrad is a writer at NerdWallet.

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CSA Pre-Conference Offers a Chance to Reflect on the Possibilities of CSAs

Prosperity Now

More than 80 Children’s Savings Accounts (CSA) practitioners, policymakers, researchers and funders gathered virtually for the 2020 CSA Pre-Conference preceding

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Coronavirus Prompts a Welcome Change to a Holiday Travel Dilemma

Nerd Wallet

In a typical year, most people want to see family for the holidays. But many people don’t really want to stay with family. So if you’ve already made the decision to spend the holidays this year with family members outside of your household, here’s one perhaps welcome byproduct of 2020: Instead of sleeping in your. Sally French is a writer at 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.

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Dubai jailed Brit targets Saudi Royal Family over unpaid debts

UK debt collections

Prominent members of the Saudi Arabian royal family are being sued by British entrepreneur Gary Arnold. The Debt Recovery Action relates to their alleged failure to honour a deal that has left him facing imprisonment in Dubai. Mr Arnold was arrested this week in Dubai on charges of ‘unpaid debts’ which he blames on the failure of Saudi royals to keep their part of a legally-binding deal.

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9 Sweet Spot Redemptions for Radisson Rewards Points

Nerd Wallet

The Radisson Rewards program offers a rich points-earning system that can earn you hotel stays in some exciting properties around the world. You accrue points by staying at Radisson properties, and you can earn even more if you use a Radisson Rewards co-branded credit card. For example, the Radisson Rewards™ Premier Visa Signature® Card pays you. Ramsey Qubein is a writer at NerdWallet.

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Fall in Michigan: Safely Handling Deer/Automobile Accidents

Fraser

You did the right thing… you did not swerve but have hit a deer… now what? During the next couple of months there will be thousands of deer/car accidents in both rural and suburban Michigan. In fact, statistics suggest that there will be over 50,000 deer/car accidents during the 2020 calendar year. The Michigan State Police report that 80% of these accidents will occur between dawn and dusk, but they are not limited to rural areas.

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The Guide to Marriott’s Work From Anywhere Packages

Nerd Wallet

Marriott has launched a trio of work-from-hotel packages designed as an alternative for guests looking for a change of scenery from a home office. The Day Pass, Stay Pass and Play Pass packages offer guests options to work from select domestic and international Marriott hotels for the day, overnight or an extended getaway. Unfortunately, it. Keith M.

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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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Webinar Recap: TrueAccord Discusses the Future of Digital Debt Collections

True Accord

During times of change, it’s more critical than ever for companies to embrace an innovation strategy to continuously deliver on changing customer needs. This has long been a guiding principle for technology startups. But it hasn’t always been a common practice in the debt collections space, where incumbents have historically lagged in adopting new approaches.

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Upgrade Card Launches Cash-Back Rewards Program

Nerd Wallet

The Upgrade Card, originally created as a credit card/installment loan hybrid product, is unveiling a cash-back rewards program. Beginning Oct. 29, 2020, cardholders will earn an unlimited 1.5% cash back on all purchases. Earned cash back will be applied to the next month’s balance on your card, almost like a prepayment on your bill. Otherwise, Sara Rathner is a writer at NerdWallet.

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A Recap of Our Summer Workplace Financial Wellness Roundtables

Prosperity Now

Employers have long supported employee financial wellness in a variety of ways in the workplace.

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Chase-Issued Hyatt Credit Cards Roll Out a Wave of Promotions

Nerd Wallet

It’s been a tough year for hotel chains because of the COVID-19 pandemic, but Hyatt has found rewarding ways to keep its loyalists spending. Now, its co-branded credit cards are launching three new promotions that cardholders can take advantage of: Boutique brand savings: From Nov. 1, 2020, through March 31, 2021, The World Of Hyatt Credit Card. Erin Hurd is a writer at NerdWallet.

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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.