Wed.Jun 22, 2022

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Bill Introduced in House to Prohibit Cancellation and Forgiveness of Student Loans

Account Recovery

A bill has been introduced in the House of Representatives that, if enacted, would prohibit the federal government from cancelling or forgiving federal student loans because the government does not have the authority to do so and because it’s “unfair for taxpayers who paid student loans or did not attend college to pay for those … The post Bill Introduced in House to Prohibit Cancellation and Forgiveness of Student Loans appeared first on AccountsRecovery.net.

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CFPB Helps Survivors Mitigate the Financial Consequences of Human Trafficking

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) issued a final rule to help survivors avoid some of the financial consequences of human trafficking. The CFPB has established, among other things, a method for survivors of trafficking to submit documentation to credit reporting companies that identifies any adverse item of information that resulted from human trafficking.

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20 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 20 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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What You Need to Know if You Are Retired and Filing for Bankruptcy

Sawin & Shea

Retirement is meant to be a time when you can finally relax and do the things you want without having to worry about earning an income and paying your bills. Unfortunately, with the cost of living and other expenses skyrocketing today, more and more retirees are finding it difficult to get by on their social security, pensions, and other retirement savings.

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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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Daily Digest – June 22. Bill Introduced to Prohibit Student Loan Cancellations; Court Certifies Class in ADA Suit Over Site’s Inaccessibility

Account Recovery

BILL INTRODUCED IN HOUSE TO PROHIBIT CANCELLATION, FORGIVENESS OF STUDENT LOANS A bill has been introduced in the House of Representatives that, if enacted, would prohibit the federal government from cancelling or forgiving federal student loans because the government does not have the authority to do so and because it’s “unfair for taxpayers who paid … The post Daily Digest – June 22.

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Court Certifies Class in ADA Suit Over Site’s Lack of Accessibility

Account Recovery

This particular case is not directly related to the accounts receivable management industry, but someone from the industry did forward it to me and this is a topic that has popped up from time to time, so this can serve as a refresher to everyone who hasn’t checked their websites recently to make sure they … The post Court Certifies Class in ADA Suit Over Site’s Lack of Accessibility appeared first on AccountsRecovery.net.

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How to Afford Summer Road Trips Amid High Gas Prices

Nerd Wallet

A summer road trip used to be a cost-effective, easy getaway. This year, soaring gas prices and expensive rental cars might make you think twice about hitting the road. According to the American Automobile Association, a federation of motor clubs throughout North America, the average gas price was $4.60 per gallon nationally before Memorial Day. Sally French writes for NerdWallet.

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Mystery company fails to identify Twitter critic who used “its” photos

Public Citizen

by Paul Alan Levy. Judge Vincent Chabbria ruled that an anonymous Twitter user using the pseudonym “Mr. Money Bags” could not be identified pursuant to a DMCA subpoena, both because her display of copyrighted photographs to taunt a venture capitalist for allegedly spending money on the company of nubile young women was fair use, and because, in any event, applying the well-known Dendrite standard ,the Twitter user’s First Amendment right to speak anonymously outweighs the mysterious copyright ow

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Ask a Travel Nerd: What Does the Strong Dollar Mean for Summer Travel?

Nerd Wallet

Believe it or not, the U.S. dollar has strengthened against many foreign currencies this year. Yes, the dollar has lost purchasing power in the face of inflation but has actually gained ground relative to other currencies. The upshot: Summer travelers heading overseas could enjoy a discount on everything from hotel rooms to croissants. The caveats: The.

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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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We Can Work It Out: Standalone Task Management Software

NCBA Law Practice Management Blog

Smart law firms everywhere are adopting workflows, for a whole host of reasons: to promote efficiency, to reduce malpractice risk and to more effectively manage remote employees. It’s probably long overdue, honestly. But, as attorneys have embraced workflow management, some have discovered that their existing tools are lacking for the purpose. So, if your case management software or your productivity software isn’t packing the punch you hoped, in terms of task management, there are a lot of stan

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ACH Business Loans: What They Are, How They Work

Nerd Wallet

ACH business loans are short-term business loans linked directly to your business checking account. You can qualify for ACH business loans based on your revenue and bank deposit activity, not a credit check, so they may be a good fit for businesses that don’t qualify for other types of small-business financing. But ACH business loans. Rosalie Murphy writes for NerdWallet.

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Free Community Association Board Member Certification Course

Jimerson Firm

Join Jimerson Birr on Saturday, July 23, 2022, for a free Community Association Board Member Certification Course. This is a DBPR-approved educational program designed for association board officers and directors. The course, led by Jimerson Birr Associate Attorney Bryan M. Davis , will help participants understand how effective associations can and should function, as well as how to become a more effective member of the team.

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Can You Get a Small-Business Loan With a Tax Lien?

Nerd Wallet

Getting a small-business loan with a tax lien on your record is close to impossible. Yes, some online lenders may extend funding despite a tax lien if your sales and credit are stellar, but those are the exceptions and not the rule. Your best course of action: Take steps to address the tax lien before. Kelsey Sheehy writes for NerdWallet. Email: ksheehy@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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6 Digital Transformation Trends Highlighted at FICO World 2022

Fico Collections

Home. Blog. FICO. 6 Digital Transformation Trends Highlighted at FICO World 2022. From BNPL to automated decisions with a human face, digital transformation trends are changing the way businesses work. FICO. Tue, 07/02/2019 - 02:45. by FICO. expand_less Back To Top. Wed, 06/22/2022 - 12:30. Innovation in digital transformation and emerging trends were firmly front-of-mind this year at FICO World 2022.

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Use the 25-Year Rule to Buy a Cool, Cheap Car

Nerd Wallet

If you drive your cute, imported Nissan Figaro to a cars-and-coffee meetup, you’ll be mobbed with fans. Meanwhile, the rich guy across from you is all alone with his Ferrari because everyone’s already seen that car. At least that’s what importer Gary Duncan says after selling these unique foreign cars, many of them from Japan, Philip Reed writes for NerdWallet.

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NCLC releases 50-state survey on predatory lending laws

Public Citizen

From NCLC's press release : "A new report from the National Consumer Law Center finds progress toward a 36% APR cap for common short-term and longer-term loans in some states. In states that allow high-cost loans, exorbitant interest rates can trap borrowers in a cycle of debt. Two states – New Mexico and North Dakota – enacted new laws that dramatically reduce the APRs and fees allowed for a $500 six-month and $2,000 two-year installment loan.

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How to Increase Your Restaurant Profit Margin

Nerd Wallet

According to the National Restaurant Association, small-business restaurants tend to have a pretax profit margin of only 3% to 5%. If you own a restaurant, here’s what you need to know about profit margins and some simple steps you can take to increase yours. » MORE: Best restaurant accounting software Profit margin basics Profit margin. Roberta Pescow 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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ATDS Status Turns on Capability of Dialing Equipment, Not Actual Use, Third Circuit Holds—But Liability Turns on Actual Use, Not Mere Capability

TCPA

Last week, the U.S.

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Is a Gas Tax Holiday in the Cards? And Would it Actually Help?

NACM

President Joe Biden called on congress today to suspend the federal tax of 18 cents per gallon of gas and 24 cents per gallon of diesel until the end of September in attempts to ease price pressures at the pump. Biden also called on states to suspend their own gas taxes, as the cost for a gallon of gas sits at an average of $5 nationwide, according.

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CFPB Deputy Director Takes Aim at “Rent-a-Bank Schemes”

Troutman Sanders

In a keynote address at the Consumer Federation of America’s 2022 Consumer Assembly , CFPB Deputy Director Zixta Martinez squarely took aim at “rent-a-bank schemes” in some of the first (if not the first) such comments by a senior CFPB official. Historically, the CFPB has confined itself to “true lender” litigation against participants in high-rate programs involving Native American tribal parties (and not banks) already challenged by state enforcement authorities.

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Senators ask FTC to protect communities of color from discriminatory online practices

Public Citizen

Seven Democratic and Democratic-caucusing senators sent a letter to the Federal Trade Commission on Wednesday calling on it to use its authority to protect communities of color and immigrant communities in the United States from discriminatory online practices, biometric surveillance, consumer predation, and anti-competitive behavior. The letter focuses on the impact of facial recognition and location data collection technologies.

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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.