Account Recovery

JUNE 10, 2022

The Consumer Financial Protection Bureau yesterday announced it has opened an inquiry and is soliciting information from the public regarding debts that are owed by employees to their employers, often through requirements that employees pay for equipment, training, or other supplies. A copy of the announcement can be accessed by clicking here. The announcement from … The post CFPB Opens Inquiry Into Employer-Driven Debt appeared first on AccountsRecovery.net.

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Enterprise Recovery

JUNE 10, 2022

When your business contracts with another business, there's an expectation that both parties will honor their obligations, including paying on time. If your clients or business partners aren't following through, your accounts receivable department must devote time and resources in an attempt to collect. Or you can outsource the problem to a collections agency that focuses on this type of debt and respects your client/business relationship.

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Collection Agencies Collections Agency Collections 193

Account Recovery

JUNE 10, 2022

In yet another sign that consumers are struggling financially, the number one reason why online payments declined in April was because of insufficient funds in their accounts, according to a published report. More than one-quarter of consumer payment declines were due to insufficient funds, compared with 18% in March, according to the report. After insufficient … The post Economic Data Continues to Show More Consumers Struggling to Make Ends Meet appeared first on AccountsRecovery.net.

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Nerd Wallet

JUNE 10, 2022

In this series, NerdWallet highlights people’s debt payoff journeys. This month, Kenley Young recounts how he combined lots of tools for cutting debt, with knowledge he gained working at NerdWallet, to wipe out credit card debt. Kenley Young Paid off: More than $20,000 in 5 years In the first week of 2022, I checked off. Kenley Young 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

JUNE 10, 2022

If you are going to scam consumers, why go to the hassle of trying to find new ones? Why not just scam people who have already been scammed? That appears to be what Frank Gebase did, and it resulted in a lawsuit being filed against him and the company he operated by the Consumer Financial … The post CFPB Goes After Scammer Who Took Money From Consumers Scammed By Someone Else appeared first on AccountsRecovery.net.

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Account Recovery

JUNE 10, 2022

CFPB GOES AFTER SCAMMER WHO TOOK MONEY FRON CONSUMERS SCAMMED BY SOMEONE ELSE If you are going to scam consumers, why go to the hassle of trying to find new ones? Why not just scam people who have already been scammed? That appears to be what Frank Gebase did, and it resulted in a lawsuit … The post Daily Digest – June 10. CFPB Goes After Debt Relief Scammer; 25% of Consumers Impacted by ID Theft appeared first on AccountsRecovery.net.

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Nerd Wallet

JUNE 10, 2022

We live in an ultra-connected world. Most Americans are now accustomed to always being online, with a majority of Americans (53%) admitting to regularly using their phone in bed before going to sleep, according to a 2021 study by Contentsquare, an analytics company. For some, the thought of disconnecting to go on an international trip. JT Genter writes for NerdWallet.

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Account Recovery

JUNE 10, 2022

One-quarter of Americans were impacted by identity theft in some way in 2021, according to a report that was issued this week. The 25% who were impacted was down slightly from 27% — a record high — that was recorded in 2020, as scammers turned their attention back to consumer financial products from government subsidy … The post 25% of Consumers Impacted by ID Theft in 2021: Report appeared first on AccountsRecovery.net.

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Nerd Wallet

JUNE 10, 2022

Grants provide free money you don’t have to repay — making them a highly desirable form of business funding. However, though they don’t require repayment, small-business grants may have tax implications for your business. Here’s everything you need to know. Most business grants are taxable A business grant is usually considered taxable income — unless.

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Loans 84

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Collections

Fraser

JUNE 10, 2022

Five Stories that Matter in Michigan This Week – June 10, 2022; Legal, Legislative, and Regulatory Insights. Wayne County Announces $54 Million Fund for Small Businesses. A new $54 million fund to support small businesses, called the Wayne County Small Business Hub, was announced at last week’s Detroit Regional Chamber’s Mackinac Policy Conference (“Mackinac Conference”).

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Nerd Wallet

JUNE 10, 2022

Free business software for services like accounting, marketing and email can be tempting. But when choosing small-business software, it’s important to consider its long-term fit — not just its price tag. “There’s an advantage in paying upfront and trying to find the right solution that can meet the business’s needs where they’re at, but also. Hillary Crawford writes for NerdWallet.

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On Guard

JUNE 10, 2022

Amsterdam – The finance professional who wants to remain relevant in the future must develop his analytical, leadership and communication skills. No fewer than 39 per cent of CFOs say that analytical skills are currently the most important skill in their team. In the future, however, this skill will no longer win out over leadership skills. Whereas 29% of CFOs now say that this skill is necessary, in the future leadership will share first place with analytical skills (36%).

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Nerd Wallet

JUNE 10, 2022

Home warranty companies offer some protection against the unexpected expense of repairing or replacing your home’s appliances and systems when they break down due to normal wear and tear. You’ll have to regularly maintain these units in order to qualify for coverage, and you are responsible for paying a fee for each service call (usually. Taylor Getler 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

Direct Recovery

JUNE 10, 2022

When you first start a new business, you might be so focused on building and growing that business that you never bother to worry about how you are paying the expenses of that new company. This can be a huge mistake! Many new business owners jump in headfirst without creating a plan for how that business will operate financially. Many of them make the mistake of using their personal credit cards for business expenses.

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Nerd Wallet

JUNE 10, 2022

Used Car Search Pro by iSeeCars has a user-friendly, minimalist interface and a search function with dozens of filters not often seen in car-buying apps. Filters include headroom and legroom, for example, and truck-specific options for towing capacity, bed length and cab size. Additionally, the app offers several tools that show you whether you’re getting.

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Loans 77

Troutman Sanders

JUNE 10, 2022

On June 9, California’s Office of Administrative Law approved commercial financing disclosure regulations (Regulations) which require consumer-like disclosures for certain commercial financing products such as small business loans and merchant cash advances. With this final step completed, the Regulations from the Department of Financial Protection and Innovation (DFPI) will become effective on December 9, 2022, completing a process that began with the passage of SB 1235 in 2018.

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Nerd Wallet

JUNE 10, 2022

About this tool This tool provides an easy way to compare health insurance quotes for individual health plans. Individual health insurance plans are policies you buy on your own, rather than through work. This tool shows plans that are offered through state and federal health insurance marketplaces. If you qualify for tax subsidies to lower your monthly.

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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.

Collections

UK debt collections

JUNE 10, 2022

Leading online UK fast-fashion retailer Missguided has been served with a winding up petition due to unpaid debts. The company is said to be the brink of collapse with millions of unpaid business debts owed to suppliers. It is claimed that Office workers at the online brand have stopped answering the phones as angry suppliers and debt collection agencies continually call demanding payment, a source within the company claims.

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Nerd Wallet

JUNE 10, 2022

If you’re looking to add smaller companies to your investment portfolio, small-cap ETFs make it easy to invest in lots of small-cap companies at once. Small-cap ETF definition A small-cap ETF is a type of exchange-traded fund that invests in small companies whose value is less than $2 billion. And while $2 billion may sound. Alana Benson writes for NerdWallet.

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Trade 72

Taurus Collect

JUNE 10, 2022

Cash flow management indicates the tracking of money inflowing into your business against outgoings or expenses. If done accurately, it offers you an entire picture of the cost versus revenue of your business, enabling you to analyze whether you have adequate funds to pay your bills while making profits. Thus, by effectively understanding your cash flow, you will be able to forecast your organization’s profits more accurately while identifying the opportunities for investments.

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Collection Agencies Collections Agency Debt Recovery Debtor 52

Nerd Wallet

JUNE 10, 2022

After a red-eye flight or a long car ride, it’s not ideal to be stuck in a long line at customs or the border. A trusted traveler program like Global Entry or Nexus can get you where you’re going faster. Are Global Entry and Nexus the same? No — but they are similar. When comparing. June Casagrande writes for NerdWallet. Email: travel@nerdwallet.com.

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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.

NACM

JUNE 10, 2022

?? This week we have a special episode of our Extra Credit #podcast … we take you to Louisville, KY where nearly 1000 business-to-business professionals and vendors gathered for NACM's 126th Annual Credit Congress earlier this week.Copy and paste the link to listen: [link].

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Nerd Wallet

JUNE 10, 2022

Palantir Technologies is a Denver-based data analytics firm that trades under the PLTR ticker symbol. It is widely known for its software platforms — Foundry, Gotham and Apollo — used by many big-name corporations and government agencies for everything from fraud detection to counter-terrorism. Founded in 2003, Palantir has been private for most of its.

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Nerd Wallet

JUNE 10, 2022

Your death could place a sizable financial burden on anyone who relies on your salary to pay bills. This is where life insurance can help. Using life insurance to replace your income can give your beneficiaries the funds to cover expenses after you die, and give you peace of mind. Nearly one-third of Americans who. Georgia Rose writes for NerdWallet.

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Nerd Wallet

JUNE 10, 2022

Wellcare is part of Centene Corp., which is the second-largest company offering Medicare Part D plans. About 4.2 million Medicare beneficiaries have Wellcare Part D plans as of April 2022. Wellcare’s Part D plans are relatively inexpensive, but their ratings aren’t great. They have a below-average overall star rating from the Centers for Medicare & Alex Rosenberg writes for NerdWallet.

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Credit Unions