Wed.May 10, 2023

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22 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 22 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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What Does Your Credit Score Start at?

Credit Corp

Though FICO® and VantageScore® ranges start at 300, most new credit users don’t start this low. In fact, if you’ve never taken out credit or applied for a loan, you might not have a credit score at all. When applying for credit cards and loans, you begin to build credit, but you may be wondering—what does your credit score start at? Most people’s initial credit scores are between 500 and 700 points, depending on the steps taken when establishing credit.

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WDWA Judge Rules Plaintiff in a Hunstein Case Has Standing to Sue

Account Recovery

Where Hunstein cases are being dismissed across the country on the basis that plaintiffs do not have standing to sue because they did not suffer a concrete injury, a District Court judge in Washington has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case involving a Hunstein … The post WDWA Judge Rules Plaintiff in a Hunstein Case Has Standing to Sue appeared first on AccountsRecovery.net.

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An Inside Look at Americans’ Average Savings by Age

Credit Corp

Most people know that saving money for the future is important, but it’s unclear exactly how much you should save. Some financial experts recommend saving enough to cover six months of expenses, while others urge you to save 15 percent of your income. Not to mention, the amount of savings you need widely varies by age since those nearing retirement require more savings than young people who have just entered the workforce.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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PRA Group Reports Quarterly Loss as New CEO Lays Out Strategic Objectives

Account Recovery

The new chief executive of PRA Group highlighted several cost-cutting initiatives during his first earnings call with analysts this week, mentioning “near-term challenges” in the company’s U.S. operations while also indicating that the company is going to be expanding its legal collection channel. The moves are being taken by the company to help turn its … The post PRA Group Reports Quarterly Loss as New CEO Lays Out Strategic Objectives appeared first on AccountsRecovery

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Judge Denies Collection Fraudster’s Bid for Compassionate Release

Account Recovery

A District Court judge in New York has denied a defendant’s motion for compassionate release from home confinement, ruling the individual did not make his case for having extraordinary and compelling reasons for the judge to grant the motion. A copy of the ruling in the case of United States v. Maurice Sessum can be … The post Judge Denies Collection Fraudster’s Bid for Compassionate Release appeared first on AccountsRecovery.net.

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Free Customizable Monthly Budget Template to Plan Your Finances

Credit Corp

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. This monthly budget template is a tool that you can use to plan your finances for the month and see if you’re underspending or overspending based on your planned expenses and income.

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Collection Certifications LLC: New Name, New Partner, and Exciting Changes for 2023

Account Recovery

[Grand Rapids, MI] – Collection Certifications LLC (formerly FDCPA Certifications LLC) is excited to announce the addition of collection industry compliance expert Sara Woggerman as a full partner. With more than a decade of experience in the collection industry, Sara brings extensive compliance knowledge and expertise to the company. This addition will enable Collection Certifications … The post Collection Certifications LLC: New Name, New Partner, and Exciting Changes for 2023 appe

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How to Check Your Credit Score Without Hurting It

Credit Corp

Your credit score is an important aspect of your financial health and is oftentimes used by lenders, landlords, and even employers to determine your creditworthiness. It’s crucial to keep track of your credit score regularly, but many people are hesitant to check it because they’re afraid it will have a negative impact. Fortunately, there are several ways to check your credit score without hurting it, and in this article, we’ll explore some of the most effective ways to do it.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Daily Digest – May 10. Judge Rules Plaintiff in a Hunstein Case has Standing to Sue; Fraudster’s Bid for Compassionate Release Denied

Account Recovery

WDWA JUDGE RULES PLAINTIFF IN A HUNSTEIN CASE HAS STANDING TO SUE Where Hunstein cases are being dismissed across the country on the basis that plaintiffs do not have standing to sue because they did not suffer a concrete injury, a District Court judge in Washington has denied a defendant’s motion for judgment on the pleadings in … The post Daily Digest – May 10.

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Man sentenced for smashing up Debt Collector’s van

UK debt collections

A man who smashed up a debt collector’s van and threatened staff when they came to his property has been given a community order. Stuart O’Connor, 42 and of Oswestry, pleaded guilty to two offences of criminal damage under £5,000 and using threatening/abusive words and behaviour when he appeared at Telford Magistrates’ Court yesterday. He admitted that when Lee Tetlow and Jonathon Wilkinson, debt collectors with XL Civil Enforcement Group, came to his property on April 12 this year, he use

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Will I Lose My Retirement If I File for Bankruptcy?

Sawin & Shea

If you’ve found yourself in a precarious financial situation and overwhelmed with debt you can’t repay, bankruptcy may be your best option. You may be reluctant to declare bankruptcy because you fear it will wipe out your hard-earned retirement savings. However, in most situations, this is not the case. Defining the Most Common Types of Bankruptcy Before diving into bankruptcy’s implications for your nest egg, here is an explanation of the two most common types of bankruptcy.

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How to Stop Southwest Credit Systems Today

Debt Collection Answers

Upon receiving calls and pieces of mail from a debt collection agency, a considerable number of people tend to experience panic. They feel they need help with how to respond. If you have been receiving mailers from PO Box 622001 Dallas TX, familiarizing yourself with Southwest Credit Systems may be crucial. By gaining knowledge about the company, you can make informed decisions on dealing with its debt collection efforts.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Proposed Special Deposit Insurance Assessment on Large Banks

Consumer Finance

Statement of CFPB Director Rohit Chopra on the FDIC’s Proposed Special Deposit Insurance Assessment on Large Banks

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How to Stop Velocity Investments LLC Today

Debt Collection Answers

If your credit score is taking a hit because of Velocity Investment LLC, it’s likely due to an old debt resurfacing. Your creditor might enlist Velocity Investment LLC to recover funds from you once you fail to make payments on a bill or loan. Settling your debt with Velocity LLC may not necessarily improve your credit score and could potentially lower it even more.

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Action by FTC and Pennsylvania Leads to Permanent Ban For Debt Collectors That Targeted Businesses, Non-Profits, First Responders

Collection Industry News

As a result of actionby the Federal Trade Commission and the Commonwealth of Pennsylvania, debt collection company International Credit Recovery, Inc. (ICR), officer Richard Diorio, Jr., and manager Cynthia Powell, have agreed to a permanent banfrom the debt collection industry after being charged with engaging in bogus debt collection efforts against businesses and non-profits.

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Member Spotlight: Emerging Leader

NACM

There are specific qualities that come to mind when it comes to leadership. Vision. Confidence. Strength. Independence. Ownership. But what makes one a leader? And what makes them memorable? That is why NACM created the Emerging Leader Award.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.