Thu.Jun 02, 2022

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More Americans, Including Those Making More than $250k, Living Paycheck to Paycheck

Account Recovery

More than one-third of people earning more than $250,000 per year say they are living paycheck-to-paycheck, and while most say they are not having any problems covering their monthly expenses, it is yet another sign that inflation is causing problems for everyone, regardless of how much money they make, and that means that people may … The post More Americans, Including Those Making More than $250k, Living Paycheck to Paycheck appeared first on AccountsRecovery.net.

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Autotrader App Review

Nerd Wallet

Autotrader’s mobile car-buying app is as easy to navigate as its desktop website. Its robust inventory of used cars for sale by private sellers makes it a great app for buyers looking to find unique deals or avoid the dealership. Plus, the app features scores of helpful search filters, price alerts and widgets that indicate. Cara Smith writes for NerdWallet.

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Judge Certifies Class in TCPA Case Against Collector

Account Recovery

A District Court judge in Washington has granted a plaintiff’s motion to certify a class action against a debt collector accused of violating the Telephone Consumer Protection Act by obtaining the plaintiff’s cell phone number via a skiptracing service and contacting the plaintiff without first obtaining consent to do so, even though the defendant had … The post Judge Certifies Class in TCPA Case Against Collector appeared first on AccountsRecovery.net.

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Mortgage Rates Are In for a Bumpy Ride in June

Nerd Wallet

June mortgage rates forecast Mortgage rates might be volatile in June. A graph of them may resemble the cutting side of a handsaw, with sharp daily ups and downs. I predict that the average rate on a 30-year mortgage will be higher in the last week of June than in the last week of May. Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com.

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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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Getting to Know David Weimer of Kramer & Frank

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know David Weimer of

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Daily Digest – June 2. Getting to Know David Weimer of Kramer & Frank; Judge Certifies Class in TCPA Case Against Collector

Account Recovery

GETTING TO KNOW DAVID WEIMER OF KRAMER & FRANK Putting complex legal concepts into the language of operations — the world definitely needs more people like David Weimer who can do that job well. Having spent nearly four decades in the accounts receivable management industry, David has definitely become a senior statesmen among collection attorneys. … The post Daily Digest – June 2.

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CommonBond Exits the Student Loan Business

Nerd Wallet

CommonBond stopped offering student loans in April 2022 and ended its student loan refinance program in May 2022. Now, CommonBond focuses only on loans for solar panels. The lender will continue to support its existing borrowers and said it will process open student loan refinance applications until June 1, 2022. Historically, CommonBond offered student loans.

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A Dive into Cryptocurrency

Troutman Sanders

Join Troutman Pepper Consumer Financial Services Partner Chris Willis and his guests and fellow Partners Keith Barnett and Ethan Ostroff as they dive into the world of cryptocurrency. The discussion spans from basic terminology and current activities in the regulatory and legislative arenas to parting words of wisdom for companies in the industry. Collectively, Keith and Ethan bring almost 40 years of experience, representing companies in the financial services industry.

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Hotel Guide: St. Regis Bora Bora

Nerd Wallet

Tahiti is not the easiest place to get to, and the resort haven of Bora Bora is located on a separate island from the international airport at Papeete, requiring an additional flight. Once here, however, it’s a luxe paradise with unending views and turquoise water. Marriott Bonvoy fans may dream of the St. Regis Bora. Ramsey Qubein writes for 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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Non-Lawyers Given Go Ahead to Help Defend New York Debt Collection Lawsuits

FFGN COLLECT NY

The verdict in a recent court case has delivered another victory to assist New York consumers defending debt collection efforts in the state. The court has refused to prevent non-lawyers from the New York-based nonprofit Upsolve from offering legal advice to help consumers defend debt collection lawsuits. This goes against well-settled rules relating to legal advice that only a lawyer can dispel legal advice.

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8 Credit Cards That Reimburse Nexus

Nerd Wallet

Few things waste more time than waiting in line. Why add more time waiting at the airport? Luckily, several trusted traveler programs — such as TSA PreCheck, Global Entry, Nexus, Sentri, and Fast — help us save time spent waiting in line and use it for something more productive. Time is money, and ways to. Anya Kartashova writes for NerdWallet. Email: travel@nerdwallet.com.

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FOIA Exemption Denied When Requesting Party is not Party to Civil Litigation

Fraser

If a public body in Michigan is a plaintiff or defendant in litigation, can the public body deny a Freedom of Information Act request by the legal counsel to another party to the litigation based on a FOIA exemption for requests pertaining “to a civil action in which the requesting party and the public body are parties”? According to the Michigan Court of Appeals in an unpublished opinion in the case of Jones Day v Dep’t of Environment, Great Lakes, and Energy , and at least as it relates to the

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A Guide to Delta Flights to the Caribbean

Nerd Wallet

Does Delta fly to the Caribbean? You bet they do! And from quite a few U.S. gateways, too. This SkyTeam airline blankets the region with numerous flights so that travelers can get to the islands in as few stops as possible, depending on where you’re coming from, of course. Put those SkyMiles to good use. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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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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New report on scam robocalls

Public Citizen

National Consumer Law Center and the Electronic Privacy and Information Center released a report describing the problem that 1 billion monthly scam robocalls create for U.S. telephone subscribers, the causes of the problem, and suggested resolutions to the problem. Here is the Executive Summary: Every month, more than one billion scam robocalls designed to steal money from unsuspecting telephone subscribers are made possible because providers-–typically small, pop-up VoIP telephone providers—tra

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Edmunds App Review

Nerd Wallet

For those interested in data and research, Edmunds offers a strong product to simplify the car-buying journey. Both the app and website include in-depth expert car reviews and rankings that can appeal to car connoisseurs and auto newbies alike. The company operates a private testing facility, where its in-house vehicle testing team collects the data.

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Ed. Dept. Cancels Debts For All Corinthian College Students, Wipes Out $6B of Unpaid Loans

Account Recovery

The Department of Education yesterday announced it was canceling $5.8 billion of unpaid student loans taken out by individuals who attended Corinthian Colleges, wiping out the debts for more than 560,000 borrowers in what the department called the “largest single loan discharge” in its history. Issues with Corinthian Colleges date back almost a decade, when … The post Ed.

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Undervalued Stocks: What They Are and How to Find Them

Nerd Wallet

What are undervalued stocks? Undervalued stocks are stocks that trade below their assumed value. They often have a track record of being profitable, and the potential for long-term growth, but the stock market hasn’t recognized that yet. “I think about something that I love going on sale,” says Ali Swart, a CFP at Waldron Private. Elizabeth Ayoola writes for 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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NACA Webinar: How to become a federal judge for consumer attorneys

Public Citizen

Becoming a Federal Judge: What Consumer and Civil Justice Attorneys Need to Know.   June 14, 3:00 p.m.–4:00 p.m. ET.   Pricing. Members: no charge. Nonmembers: no charge but must be approved (if you have not yet been approved to attend NACA webinars, you must email  training@consumeradvocates.org  to be vetted to attend).

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Autolist App Review

Nerd Wallet

Autolist aggregates vehicle listings from other online car shopping marketplaces, giving its users access to plenty of options. On the app, you can find both new- and used-car listings from dealers, get price drop and new listing alerts, and access helpful price comparison tools. Make sure to also check out the Autolist website, which offers. Benjamin Din writes for NerdWallet.

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British Airways Premium Economy: An Overview

Nerd Wallet

Flying in economy just isn’t what it used to be. Over the decades, many airlines have reduced legroom, squeezed more seats into each row and cut back on services. Many travelers can’t afford to pay for business class. Enter a Goldilocks middle ground: premium economy. Arguably, one of the better premium economy products available is. JT Genter writes for NerdWallet.

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When to Pick the Capital One Venture X Over the Chase Sapphire Reserve

Nerd Wallet

Premium travel credit cards can offer tremendous value for frequent travelers with exclusive perks, higher earning potential and travel credits. While these cards come with higher annual fees, many travelers get significantly more value from the benefits than what they pay to be a cardholder. There are several premium travel cards to choose from. If.

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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.