Enterprise Recovery
DECEMBER 4, 2023
Effective communication is the foundation for building trust with clients. Communicating clearly and consistently shows your clients that you value their business and respect their time. Communication and trust create a positive relationship so your clients feel good about paying their invoices.
Account Recovery
DECEMBER 4, 2023
Telling a consumer that signing up for a payment plan will reduce the interest rate on the underlying debt, then sending a letter that informs the individual that interest is accruing on the debt may be confusing to this particular individual, but it is not confusing enough to defeat a defendant’s motion for summary judgment […]
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Credit Corp
DECEMBER 4, 2023
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. A CD rate refers to the interest someone can earn on a certificate of deposit over time. A certificate of deposit (CD) is a term deposit where funds are only accessible after a set period. A CD rate refers to the interest that a person can earn on a certificate of deposit over time.
Account Recovery
DECEMBER 4, 2023
Judge Orders Plaintiffs & Their Attorney to Pay Defendant’s Attorney’s Fees in FDCPA Case Judge Grants MSJ for Defendant in FDCPA Case Over Interest Disclosure in Statement House Passes Resolution to Repeal CFPB Small Business Lending Rule Compliance Digest – December 4 WORTH NOTING: Five tips to help you create connections and combat loneliness … […]
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.
Credit Corp
DECEMBER 4, 2023
A penalty annual percentage rate (APR) is a heightened interest rate that can be issued if a person doesn’t use their credit card according to the card agreement. Card issuers explain the exact criteria that can lead to a penalty APR in multiple ways, like the terms and conditions section of a credit card application and in cardholder agreement documents.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Collections Law
DECEMBER 4, 2023
Any business, no matter how large or small relies on their customers paying their bills. But over the course of doing business, there will inevitably be a customer who does not or cannot pay their bills. When that customer is another business, you may need to resort to aggressive collection techniques. At Law Offices of Alan M. Cohen & Associates LLC, our experienced collection attorneys are aggressive and relentless, ethically pursuing all manners of collection debt practices provided to us
Account Recovery
DECEMBER 4, 2023
A proposal from the Consumer Financial Protection Bureau to require small business lenders to share information about the race and demographic data took another body blow on Friday when the House of Representatives approved a resolution to repeal the rule.
Credit Corp
DECEMBER 4, 2023
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. To increase your credit score to 800, you’ll need a nearly flawless payment history, a credit utilization rate well below 30%, a healthy mix of credit types, and an extensive credit history. The average American has a credit score of 716 , well within the range of what is considered a good credit score.
Account Recovery
DECEMBER 4, 2023
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
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Troutman Sanders
DECEMBER 4, 2023
On November 20, 2023, the California Department of Financial Protection and Innovation (DFPI) issued an invitation for comments on proposed application-related rulemaking under the Digital Financial Assets Law (DFAL). This move comes after Governor Gavin Newsom signed Assembly Bill 39 and Senate Bill 401 , which together create the DFAL. The DFAL and Senate Bill 401, signed into law by Governor Gavin Newsom on October 13, 2023, are set to regulate virtual currency activities within California, e
Credit Corp
DECEMBER 4, 2023
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. If you’re interested in investing in a new vehicle, it’s not always easy to know what’s in your price range. Understanding your options and learning how to calculate your budget can determine what you can afford.
Troutman Sanders
DECEMBER 4, 2023
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities: On December 4, the Federal Trade Commission (FTC) announced it will hold a virtual informal hearing on January 16, 2024, on the proposed amendments to the Negative Option Rule as part of its review of the proposed “Click to Cancel” rulemaking.
Credit Corp
DECEMBER 4, 2023
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Yes, a 720 credit score falls into the “good” credit score range according to both FICO® and VantageScore® scoring models.
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?
Troutman Sanders
DECEMBER 4, 2023
On November 30, Massachusetts Attorney General Andrea Joy Campbell announced proposed regulations that would require businesses to clearly disclose the total price of a product at the time it is presented to consumers, provide clear and accessible information on whether fees are optional or required, and simplify the process for cancelling trial offers and recurring charges.
Troutman Sanders
DECEMBER 4, 2023
As discussed here , this summer, Representative Roger Williams (R-Texas) and Senator John Kennedy (R-La.) introduced identical Congressional Review Act (CRA) resolutions in the U.S. House and Senate ( H.J. Res. 66 and S. J. Res. 32 , respectively) disapproving the Consumer Financial Protection Bureau’s (CFPB or Bureau) implementation of the small business data collection and reporting final rule under § 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Final Rule).
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