Account Recovery

FEBRUARY 22, 2021

Sentinel Development Solutions is pleased to announce the release of eImportTM, our new import tool that provides eCollectionsTM customers with a powerful new way to accept and prepare new business forcollection/recovery activity. With an advanced, intuitive interface, eImportTM gives operations the ability to easily and quickly add new business and performs advanced functions like duplicate … The post eCollections Debt Management Platform Announces New Business Import Tool appeared first

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Debt Management 246

Nerd Wallet

FEBRUARY 22, 2021

Want to make your credit cards more rewarding this year? The key is to make sure they still align with your spending habits and goals. Whether you’re a newbie or a veteran cardholder, following these eight tips can help you earn more, save more and get more value out of your rewards. 1. Take stock. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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Account Recovery

FEBRUARY 22, 2021

A group of 17 state Attorneys General have written a letter to Congress endorsing a plan that would cancel $50,000 of student loan debt for all federal student loan borrowers. The letter, written by the AGs of Massachusetts, New York, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maryland, Minnesota, Nevada, New Mexico, New Jersey, … The post State AGs Make Argument To Congress for Broad Student Loan Debt Consolidation appeared first on AccountsRecovery.net.

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Debt Consolidation Student loans Student Loans Loans 234

Consumer Finance

FEBRUARY 22, 2021

On February 22, 2021, the Consumer Financial Protection Bureau - in partnership with Virginia, Massachusetts, and New York - sued Libre by Nexus, Inc., and its owners for a predatory immigrant-services scam that traps victims into paying expensive, long-term fees.

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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.

Account Recovery

FEBRUARY 22, 2021

A service that works with utilities and state and local governments to develop payment plans for individuals with unpaid debts has raised $20 million in Series A funding, on top of the $10 million it had previously raised. Called Promise, the service integrates with the payment systems of governments and utilities which typically are not … The post Payment Plan Provider to Gov’t Agencies, Utilities, Raises $20MM appeared first on AccountsRecovery.net.

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Government 162

Account Recovery

FEBRUARY 22, 2021

DEFENDANTS ASK JUDGE TO RECONSIDER DENYING MTD CLAIM IN FDCPA SUIT The defendants in a class-action Fair Debt Collection Practices Act overshadowing case have asked a District Court judge to reconsider her partial denial of a motion to dismiss, after the judge granted the motion on two of the three counts last month. STATE AGs … The post Daily Digest – February 22.

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Student loans Student Loans Fair Debt Collection Loans 147

Nerd Wallet

FEBRUARY 22, 2021

Think the best time to start a business is in a booming economy? Maybe. But some of the biggest business success stories in recent decades actually came from a good idea hatched during a recession. Consider these names: CNN, Uber, Airbnb and Square. There are many more. The effects of the COVID-19 pandemic are forcing. Hal M. Bundrick, CFP writes for NerdWallet.

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Account Recovery

FEBRUARY 22, 2021

The defendants in a class-action Fair Debt Collection Practices Act overshadowing case have asked a District Court judge to reconsider his partial denial of a motion to dismiss, after the judge granted the motion on two of the three counts last month. A copy of the motion in the case of Anderson v. Capio Partners … The post Defendants Ask Judge to Reconsider Denying MTD Claim in FDCPA Suit appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 147

Public Citizen

FEBRUARY 22, 2021

Consumer journalist David Lazarus of the LA Times has written We’re living in a golden age of scams as fraud reports surge amid pandemic. He notes that "[i]t’s been clear for months that the COVID-19 pandemic has been a once-in-a-lifetime opportunity for scammers, con artists and assorted slimeballs looking to cash in on this most miserable of moments in our lives.

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Trade 66

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Collections

Account Recovery

FEBRUARY 22, 2021

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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Nerd Wallet

FEBRUARY 22, 2021

Oxygen is an online-only bank (or neobank) that specializes in mobile banking, offering both a personal and business bank account through the Oxygen app. With no monthly fees and unlimited fee-free transactions, the Oxygen business account is well-suited for small-business owners who are looking for an affordable way to separate their personal and business finances.

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Banks 60

Account Recovery

FEBRUARY 22, 2021

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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Nerd Wallet

FEBRUARY 22, 2021

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of why you probably want to file your taxes sooner rather than later. Then, we pivot to this week’s question from B, who writes, “I have a fixed 30-year mortgage at 3%. With 22 years. Liz Weston writes for NerdWallet.

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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?

Banks

Better Credit Blog

FEBRUARY 22, 2021

Frontline Asset Strategies is a debt collector that you may hear from when you start to miss payments. They are a third-party debt collector that specializes in recovering unpaid bills from consumers like you or me. Not only are debt collectors annoying, but they can have detrimental effects on your credit score as well. The best way to stop Frontline Asset Strategies’ calls and repair your credit is to remove their collections account from your credit report.

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Debt collector Third-party Debt Collectors Collections Lender 53

Burr Forman

FEBRUARY 22, 2021

On February 12, 2021, Governor Ivey signed into law legislation that provides civil liability protections to Alabama businesses and healthcare providers related to COVID-19. The legislation provides broad immunity to ensure businesses are able to remain open and provides much-needed protection for healthcare providers on the front lines of fighting COVID-19.

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Better Credit Blog

FEBRUARY 22, 2021

Are collections lowering your credit score? If you have a collections entry from Designed Receivable Solutions on your credit report, you can probably attribute it to a missed payment. Late payments eventually go into collections, which can be detrimental to your credit. In addition to a lower credit score, you could also be facing irritating phone calls and letters from the agency.

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Debt collector Collection Agencies Collections Agency Healthcare 52

TCPA

FEBRUARY 22, 2021

On December 30, 2020, the FCC issued a Report and Order (the December 2020 FCC Order) to implement Section 8 of the Pallone-Thune Telephone Robocall Abuse Criminal Enforcement and Deterrence Act (TRACED Act).

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Collections

Troutman Sanders

FEBRUARY 22, 2021

A recent decision by the U.S. District Court for the District of Columbia underscores the significance of issues of proof when trying to enforce arbitration agreements. The case is Proctor v. First Premier Corp. , No. 1:20-cv-02162-BAH, 2021 U.S. Dist. LEXIS 6502 (D.D.C. Jan. 13, 2021). Plaintiff Charnita Proctor sued First Premier Corp. (FPC) for alleged violations of the Fair Credit Reporting Act (FCRA) in relation to its reporting of a credit card account issued to the plaintiff.

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Nerd Wallet

FEBRUARY 22, 2021

If you’re a rewards enthusiast, few things get your attention quicker than a no-annual-fee credit card like this one. The Amalgamated Bank of Chicago has partnered with Mastercard to bring you a credit card with multiple benefits: the ABOC Platinum Rewards Mastercard® Credit Card. You’ll want to take advantage of all this card’s benefits to. Christie Olsen writes for NerdWallet.

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Banks 52

NCBA Law Practice Management Blog

FEBRUARY 22, 2021

Email drives business; yet, it also drives most of us crazy. If this is the year you want to take control of your email, here are some steps you can take: -Consider using a non-email program for in-office communications, like Slack. This will mean that your inbox can become ‘ mission-critical ’ , where you receive only messages from clients and colleagues, while you r staff and associate messages filter to another media.

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Nerd Wallet

FEBRUARY 22, 2021

With the implementation of Spirit Airlines’ new loyalty program on Jan. 21 of this year, loyalty just got a lot more rewarding on this budget airline. Award flights start at just 2,500 points, and not just to less popular destinations. If you’re ready to redeem points and would like to take advantage of the new program, Alisha McDarris writes for NerdWallet.

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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.

Fico Collections

FEBRUARY 22, 2021

The impact of the coronavirus on AI adoption may be one of the beneficial side effects of the pandemic. This "golden age of AI" is one of the topics explored by the German business magazine GI Geldinstitute in its interview with Will Lansing, FICO's CEO. For the benefit of English speakers, I am sharing a translation of an excerpt, in which Will discusses the rise of responsible AI and other subjects. . .

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Financial Institution Government Collections 52

Nerd Wallet

FEBRUARY 22, 2021

For individuals comparing no-fee travel rewards credit cards, some may be wondering, “Is the Orbitz Rewards® Visa® Card worth it?” There are many cards out there without annual fees, but they’re not created equally, and they don’t all carry a lot of value or the same perks. The Orbitz Rewards® Visa® Card can be a. Natasha Gabrielle writes for NerdWallet.

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Collection Industry News

FEBRUARY 22, 2021

Virginia Student Loan Servicers Can Apply for New Required Licenses March 1 Private and federal student loan servicers practicing in Virginia can begin applying for licenses through the Nationwide Mortgage Licensing System on March 1, 2021, as required by a new law in the state. The law with the licensing requirement was passed last April and will take effect July 1, 2021.

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Student loans Student Loans Loans Education 40

Nerd Wallet

FEBRUARY 22, 2021

No matter which airline brands you choose to support and do business with, it’s essential to be able to get a hold of the company’s customer service team during a time of need. Even if the brand provides excellent customer service, there may come a time when something goes wrong — whether you need to. Natasha Gabrielle writes for NerdWallet. Email: travel@nerdwallet.com.

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Credit Unions