Account Recovery

AUGUST 26, 2022

The Court of Appeals for the Third Circuit has reversed a lower court’s dismissal of a Fair Credit Reporting Act lawsuit, ruling that the federal government does not have sovereign immunity from the statute’s civil liability provisions, widening a split at the Appellate level that seems destined to be resolved by the Supreme Court. A … The post Appeals Court Rules Gov’t Liable for FCRA Violations appeared first on AccountsRecovery.net.

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Nerd Wallet

AUGUST 26, 2022

The Inflation Reduction Act of 2022, or IRA, is the most ambitious climate legislation in U.S. history and aims to make electric vehicles a little more attainable — or at least that’s the hope in the long run. The bill, signed into law by President Biden on Aug. 16, has allocated over $369 million dollars. Sabrina Parys writes for NerdWallet. Email: sparys@nerdwallet.com.

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Account Recovery

AUGUST 26, 2022

FEDERAL GOV’T INSTRUCTS AGENCIES TO REMOVE MEDICAL DEBT FROM LOAN UNDERWRITING FACTORS Government agencies that make decisions about lending or guaranteeing loans must remove medical debt from their underwriting criteria, according to a memo issued yesterday by the White House Office of Management & Budget.The government said this is the next step because what has … The post Daily Digest – August 26.

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Nerd Wallet

AUGUST 26, 2022

This week, all eyes were on student loan cancellation news. And that makes sense: Borrowers waited months for the president to make a decision on his campaign promise to cancel at least $10,000 in student loan debt. But tucked in the details around cancellation was something you might have missed — a new income-driven repayment, Cecilia Clark writes for NerdWallet.

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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

AUGUST 26, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Collector Accused of Violating FCRA, FDCPA, Reg F When Attempting to Collect on Unpaid Apartment Debt appeared first on Account

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Account Recovery

AUGUST 26, 2022

The federal government, noting it has “a responsibility to set the standard for how medical debt is treated,” announced yesterday that it is instructing its agencies with direct loan and guarantee programs to “wherever possible” reduce the impact of medical debt when making underwriting decisions. The announcement is the latest in a string of decisions … The post Federal Gov’t Instructs Agencies to Remove Medical Debt from Loan Underwriting Factors appeared fi

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Nerd Wallet

AUGUST 26, 2022

To form an LLC, you have to follow specific requirements based on your business’s location. This guide explains how to create an LLC in New York. What are the benefits of an LLC in NY? When you’re starting a business, one important decision is choosing an entity structure. You may decide to form an LLC, Billie Anne Grigg writes for NerdWallet. Email: articles@nerdwallet.com.

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Account Recovery

AUGUST 26, 2022

The Consumer Financial Protection Bureau has announced it will hold a field hearing on September 8 on the topic of Nursing Home Debt Collection Practices while also releasing a report that analyzes the connection between financial assistance for medical care and medical collections. The field hearing will be held virtually and will feature Rohit Chopra, … The post CFPB Announces Nursing Home Debt Collection Hearing, Analyzes Connection Between Hospital Financial Assistance and Medical Debt

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Nerd Wallet

AUGUST 26, 2022

Flight delays are no fun. A nor’easter, missing crew or aircraft maintenance issues can delay your flight faster than you can say “delay.” It’s one thing if the wait time is minimal. But, a long delay can mean a missed connection or an overnight stay and mess up your entire vacation. Depending on the airline. Anya Kartashova writes for NerdWallet. Email: travel@nerdwallet.com.

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Collections

JMA

AUGUST 26, 2022

Debts are tricky business and with it comes the high chance of meeting people who’ll spit up one excuse after another about why they haven’t paid. It can be frustrating, it can be annoying, and sometimes it can make you feel like you have no control over your business. But it doesn’t have to be. Read more » The post How to Handle Excuses from Debtors appeared first on JMA Credit Control.

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Debtor 52

Nerd Wallet

AUGUST 26, 2022

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. Breaking up sucks — even if it’s necessary and you’re better off without them. Emotions loom large and life.

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Fraser

AUGUST 26, 2022

Michigan Sees Unemployment Decrease as Jobs Increase. According to recent data released by the Michigan Department of Technology, Management, and Budget, the unemployment rate in the state dropped from 6.2% to 4.2% over a twelve-month period. Michigan also saw a bump in jobs last month, with 3,000 in July. Why it Matters: Officials point to the increase in job growth and lower unemployment rates as a reflection of the hard work that the government, people, and businesses have put into the econom

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Nerd Wallet

AUGUST 26, 2022

Now that Australia’s borders have reopened after COVID-19 closures, it’s ready to welcome travelers, who will find a number of new hotels where they can earn and redeem hotel points. From big cities to smaller destinations popular with business and leisure travelers, there’s a lot to explore Down Under. And coming later this year (and. Ramsey Qubein 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

NACM

AUGUST 26, 2022

What you do with the findings of metrics is as important as the metrics themselves. Several credit leaders in this week's episode of the Extra Credit podcast choose to use the results as a way to motivate their staff, whether it be with cash or the option the work from home.

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Nerd Wallet

AUGUST 26, 2022

Overdraft fees can be a major drain on your finances. Some banks charge more than $30 per overdraft and potentially charge that fee multiple times per day if you keep making transactions that overdraw your checking account. If you want to avoid these fees, you can typically opt out of overdraft coverage with your bank. Chanelle Bessette writes for NerdWallet.

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Banks 71

Nerd Wallet

AUGUST 26, 2022

Some credit card travel perks were once the umbrella on top of that fruity drink that tasted better because you were on vacation. That drink is still refreshing today, but you may have to forfeit the umbrella or sip a watered-down version as travel benefits lose some value. As travel credit cards have grown in. Melissa Lambarena writes for NerdWallet.

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Nerd Wallet

AUGUST 26, 2022

Cosmos (ATOM) is the native token on the decentralized blockchain network Cosmos, which allows developers to build their own independent blockchains. The network’s website notes that developers have used its technology to build several major blockchain projects, including its own ATOM token. Other projects on the network include: Binance Chain (BNB).

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Collections

Nerd Wallet

AUGUST 26, 2022

If you’re a new frequent flyer, you might be exploring the possibility of trying to earn United Airlines status. Or maybe you’re a multiyear MileagePlus Premier 1K flyer on a first-name basis with the gate agents at several airports, and you’re wondering if status is worth it. Do the benefits of United status outweigh occasionally. Aaron Hurd writes for NerdWallet.

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Nerd Wallet

AUGUST 26, 2022

USAA offers a suite of credit cards, all charging no annual or foreign transaction fees. However, other rewards credit cards may have more point-earning potential, especially since some USAA credit card cards don’t offer a sign-up bonus. But the cards make up for the lower rewards with high customer satisfaction and travel benefits such as. Sara Rathner writes for NerdWallet.

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Nerd Wallet

AUGUST 26, 2022

Startup business grants can help small businesses grow without debt. But if you want free money to start a company, your time may be better spent elsewhere. Competition for small-business grants is fierce, and many awards require time in business — often at least six months. Some grants are open to newer businesses or true. Rosalie Murphy writes for NerdWallet.

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Nerd Wallet

AUGUST 26, 2022

If you spend a significant portion of your paycheck on groceries, you may be interested in the many credit cards that offer extra rewards on your trips to the supermarket. But to consistently get the highest rewards, you’ll generally have to pay an annual fee. Not so with the $0-annual-fee Instacart Mastercard®, which earns an. Caitlin Mims 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.

Nerd Wallet

AUGUST 26, 2022

When a doctor or other health provider charges a patient more than the Medicare-approved amount for medical services, supplies or equipment, the difference between that higher charge and the Medicare-approved amount is known as an excess charge. What is Medicare assignment? Just because a medical provider accepts Medicare patients doesn’t necessarily mean they’ve agreed to.

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