Wed.Sep 28, 2022

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House Resolution Calls for Ban on Sale of Utility Debts, Restrictions on Credit Reporting

Account Recovery

Buried inside a resolution introduced last week in the House of Representatives that seeks to codify that access to utilities, such as heat, water, and electricity are human rights is language that would ban the sale of uncollected household debt to collection agencies and filing “adverse” reports with credit reporting agencies, among other provisions.

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CFPB Orders Regions Bank to Pay $191 Million for Illegal Surprise Overdraft Fees

Consumer Finance

Repeat offender will refund at least $141 million to customers and pay $50 million penalty.

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Behind the Curtain: Gordon Beck

Account Recovery

In partnership with Michael Lamm and the team at Corporate Advisory Solutions, AccountsRecovery.net is thrilled to launch a new video series, “Behind the Curtain.” The objective of the series is to engage in discussions with leaders of the accounts receivable management industry to learn more about their origin story, their view of the industry today, … The post Behind the Curtain: Gordon Beck appeared first on AccountsRecovery.net.

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Airbnb Hosts Are Sick of Airbnb, Too

Nerd Wallet

Disgruntled Airbnb guests are taking to Twitter and TikTok to vent about everything from cleaning fees to misleading listings. But they aren’t the only ones with complaints: Airbnb hosts themselves have become increasingly disillusioned with the platform and its disrespectful guests. On message boards and Facebook groups, hosts are sharing their own challenges and horror.

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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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Daily Digest – September 27. Collector Facing Class Action for Allegedly Shortening Validation Period; CBO Puts $400B Price Tag on Student Loan Debt Cancellation Plan

Account Recovery

COLLECTOR FACING CLASS ACTION FOR ALLEGEDLY SHORTENING VALIDATION PERIOD After first getting into legal trouble because they were not including the date on the Model Validation Notice, a collector is facing a class-action suit for including the date, but allegedly not providing a full 30 days for the plaintiff to dispute the debt or seek … The post Daily Digest – September 27.

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Payscout and Collection Works Software Solutions Strengthen Partnership with Enhanced Payment Processing and Paywire Integration

Account Recovery

LOS ANGELES, CA (September 27, 2022) – Payscout, a global payment innovation leader with solutions for vertical-specific industries such as Accounts Receivable Management (ARM), Healthcare, Education, and Enterprise merchants with a global presence and complex requirements, is excited to announce an enhanced partnership with Collection Works Software Solutions (CWS), a leading supplier of technology and … The post Payscout and Collection Works Software Solutions Strengthen Partnership with

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How Much Does Wheel Alignment Cost?

Nerd Wallet

Having your wheels aligned might not be something that comes to mind when you think about your car’s regular maintenance. But you’ll need to plan for an alignment at least a few times — if not numerous times — during your car ownership. Depending on your vehicle’s make and model, where you live and the. Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com.

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How Does Bankruptcy Affect Your Job and Future Credit? 

Sawin & Shea

The stress leading up to a declaration of bankruptcy can be intense. You worry about creditors and wonder if you will be able to stay in your home and keep your car. You may also worry that your bankruptcy will become public knowledge and affect other aspects of your life. Will your boss and co-workers find out? Will it affect your current job? Will it prevent you from being hired for future jobs if it shows up on your credit report?

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How to Furnish a New Place With Patience and a Budget

Nerd Wallet

Moving season is almost over. But if you’re one of the many people settling into a new home right now, you might feel like the furniture-buying season is just getting started. And that can get expensive. After paying rent, a security deposit or mortgage down payment — plus all the costs associated with moving —. Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com.

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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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Do I Have a Bad Faith Claim Against My Insurance Company?

Jimerson Firm

Under Florida law, an insurance company owes a duty of good faith to its insured. This means that the insurance company “must investigate the facts, give fair consideration to a settlement offer that is not unreasonable under the facts, and settle, if possible, where a reasonably prudent person, faced with the prospect of paying the total recovery, would do so.

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What Is a UPC? Meaning and How to Get a UPC

Nerd Wallet

UPC codes can make small businesses more efficient and profitable. These codes can help you trace products, improve inventory tracking and management, reduce checkout times and understand valuable sales data. Most businesses that manufacture or sell physical goods will likely need to use UPC barcodes at some point. What does UPC mean? UPC stands for.

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CBO Puts $400B Price Tag on Student Loan Debt Cancellation Plan

Account Recovery

The Biden Administration’s student loan debt cancellation plan will cost the government $400 billion, according to a report released yesterday by the nonpartisan Congressional Budget Office. The plan — under which individuals earning less than $125,000 annually will have $10,000 of their student loan debts forgiven, unless they received Pell Grants, in which case they … The post CBO Puts $400B Price Tag on Student Loan Debt Cancellation Plan appeared first on AccountsRecovery.n

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How the Chase Sapphire Preferred Rental Car Insurance Works

Nerd Wallet

One of the many benefits of the Chase Sapphire Preferred® Card is rental car insurance that applies almost anytime you rent a car. Collision damage waiver coverage purchased through rental car companies can cost around $30 per day. That means this one card perk can easily save Chase Sapphire Preferred® Card holders more than the. JT Genter writes for NerdWallet.

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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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British Pound Plunges to Record Low Against US Dollar

NACM

The British pound dipped to a record low against the U.S. dollar on Monday, as uncertainty surrounding the U.K. economy grows. The pound dropped to roughly $1.03 Monday and recovered slightly on Tuesday, rising back to $1.07, according to CNN Business.

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5 Things to Know About the BJ’s Credit Card

Nerd Wallet

You turn to BJ’s Wholesale Club for everything you need in your home: pantry staples, furniture, electronics — not to mention bags of dog food that outweigh your dog. If you’re looking for more ways to save, BJ’s offers two cash-back credit cards: the BJ’s Perks Elite Mastercard and the BJ’s Perks Plus Mastercard, both. Sara Rathner writes for NerdWallet.

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What to Do If Your Tenant Is Bankrupt

PBWT

On September 15, President Biden announced a tentative deal with unions representing tens of thousands of railroad workers that helped narrowly avoid a strike that threatened to devastate the country’s delicate supply chains that have been strained since the beginning of the pandemic. Now the country awaits the outcome of the union member votes (which we may not know until mid-November), but even if the members approve the deal, the retail sector will still face empty shelves, job vacancie

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The Guide to United Status Matches

Nerd Wallet

Frequent flyers often have an airline of choice that they prefer to fly with. However, for one reason or another you may find yourself looking around to see what other airline loyalty programs may be worth a try. If that’s the case, you want to give United Airlines a look. Why? United offers frequent flyers. Josh Garber writes for NerdWallet. Email: travel@nerdwallet.com.

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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.

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Q&A: Code-Based Compliance for Collections

True Accord

Just as technology has evolved leaps and bounds, so have consumer communication preferences, especially when it comes to debt collection. The Consumer Financial Protection Bureau (CFPB) recognized in Regulation F—rules updating the Fair Debt Collection Practices Act (FDCPA)—that consumers in debt want to communicate with debt collectors through digital channels, like email and SMS.

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How Many Bitcoins Are There?

Nerd Wallet

Bitcoin (BTC) is still the largest and most valuable cryptocurrency on the market by a substantial margin. The price of one Bitcoin is over $20,000, and its market cap is slightly over $387 billion. To illustrate Bitcoin’s popularity, the second-largest cryptocurrency, Ethereum, is priced at $1,380 per coin, and its market cap is about $170. Connor Emmert writes for NerdWallet.

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Tin Leg Travel Insurance Review

Nerd Wallet

Whether you’re traveling domestically or internationally, by car, plane, train or anything in between, Tin Leg travel insurance can protect your trip. The company offers coverage for trip cancellations, medical emergencies, lost luggage and more. If you’re considering insurance options, here’s our Tin Leg travel insurance review of what types of plans and coverage are.

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How Much Does a Medicare Advantage Plan Cost?

Nerd Wallet

The average Medicare Advantage plan costs about $18 per month in 2022, including plans that charge a $0 premium, according to health policy nonprofit KFF. Total out-of-pocket costs could be much higher, depending on your health care needs. What is Medicare Advantage? Medicare Advantage, also known as Medicare Part C, is a bundled alternative to. Kate Ashford, CSA® writes for NerdWallet.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!