Thu.Oct 06, 2022

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Getting to Know Maryrose Diaz of Grant Mercantile Agency

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 Maryrose Diaz of

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Delta Announces Higher Elite Status Qualifications Among Other Changes

Nerd Wallet

It looks like the days of extended elite status and reduced elite status requirements are over. Delta announced some major changes today that will make it harder to qualify for most tiers of Delta elite status. For the first time since 2015, Delta has upped how much spending you need to do to qualify for. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Hospital Sued for ‘Aggressive’ Collection Efforts Refunds Payments from Low-Income Patients

Account Recovery

A nonprofit healthcare system that is being sued by the Attorney General of Washington and which was the subject of a profile in The New York Times for the “pressure” it put on patients to pay their debts has announced it is going to refund payments made by more than 700 low-income patients who were … The post Hospital Sued for ‘Aggressive’ Collection Efforts Refunds Payments from Low-Income Patients appeared first on AccountsRecovery.net.

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Smart Money Podcast: How an Investing Nerd Maxed Out Her Roth IRA

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week is the first episode.

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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 – October 6. Getting to Know Maryrose Diaz; Loss of Appetite, Sleep Enough for Standing

Account Recovery

GETTING TO KNOW MARYROSE DIAZ OF GRANT MERCANTILE AGENCY Maryrose Diaz may have gotten her start in collections because she spoke Spanish, but that is nothing more than a footnote in a career that has seen her become a well-known and well-respected member of the ARM industry. More details here.This content is sponsored by Applied … The post Daily Digest – October 6.

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Loss of Appetite, Sleep Enough for Plaintiff to Have Standing in FDCPA Suit, Judge Rules

Account Recovery

This is one of those “I’m not a lawyer, so I may be completely off-base, but if I’m not, then this might be a ruling worth paying attention to” type of cases, so please bear that in mind if you have chosen to continue reading and did not close this tab and move on to … The post Loss of Appetite, Sleep Enough for Plaintiff to Have Standing in FDCPA Suit, Judge Rules appeared first on AccountsRecovery.net.

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Trawick International Review: What to Know

Nerd Wallet

When planning a trip, we often anticipate the excitement of seeing a new city, the taste of local gastronomy and the overall sense of adventure. Rarely do we imagine arriving at a destination without luggage, breaking a wrist from a fall down the stairs, or getting into a car accident on the road. But sometimes. Anya Kartashova writes for NerdWallet.

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What The Average American Pays on Bills

Account Recovery

The average household in the United States pays $24,000 a year on the 10 most common types of monthly bills, according to a report released last week, which is 6% higher than the amount paid a year ago and represents about 34% of the average household income. The categories included in the report are: mortgage … The post What The Average American Pays on Bills appeared first on AccountsRecovery.net.

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How to Handle Your Medical Bills

Nerd Wallet

When she was 19, writer Emily Maloney found herself facing about $50,000 in medical debt after hospital treatment for a mental health crisis. The debt followed her throughout her twenties, hurting her credit and leading to stressful calls from collection agencies. Her experience is all too common: The Consumer Financial Protection Bureau reports that about.

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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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Rewards Programs and Co-Brand Relationship Between Credit Card Issuers and Merchants

Troutman Sanders

Please join Troutman Pepper Partner Chris Willis and his guest and fellow Partner Glen Trudel as they discuss credit card rewards and loyalty programs and the co-brand relationship. Topics include: The importance of the co-brand credit card pairing; Issues, concerns, or risks that both the merchant and the card issuer encounter in co-brand rewards programs; and Current trends in the marketplace for credit card rewards programs.

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Will Your State Tax Your Canceled Student Debt?

Nerd Wallet

Several states are poised to collect income taxes on student loan forgiveness — a move that could leave some borrowers owing as much as $1,000 during tax season. Individuals in Indiana, Mississippi and North Carolina will almost certainly pay state income taxes on their forgiven federal student loans, according to representatives of those states’ revenue.

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Successfully Managing Big Ticket NPLs: The Importance of Dedicated Collections Teams

Qualco

The new economic landscape is pushing businesses that manage Big Ticket NPLs to adapt to the challenges of the post-pandemic era. Digital collections tools and self-service platforms are on the rise and have empowered lenders to work more efficiently with their customers. While a digital-first approach may bring increased collections rates for customers with unpaid bills and missed installments, that is not the appropriate method for portfolios mostly comprised of Big Ticket mortgages and SME lo

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For Money Advice, Don't Keep Up With Kim Kardashian

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Getting — or giving — financial advice through social media is a tricky business. This week, Kim Kardashian agreed.

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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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The FCC Has Illegal and Scam Robotexting in its Sights, Proposed New Text Blocking Rules

TCPA

For those regularly monitoring the FCC’s various TCPA dockets, you now have a new docket to follow: CG Docket No. 21-402.

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The Guide to Chase Purchase Protection

Nerd Wallet

When planning an upcoming vacation, sometimes you need to make a few purchases. Whether it’s a suitcase, hiking boots for a long trek or a new camera to better capture the scenery, you might end up spending a good amount of money. So what happens if your suitcase handle breaks or your camera is stolen? Natasha Gabrielle writes for NerdWallet. Email: travel@nerdwallet.com.

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