Account Recovery

MARCH 13, 2023

A District Court judge in Illinois has denied a defendant’s motion for summary judgment in a Fair Credit Reporting Act case, determining that the defendant did not conduct a reasonable investigation into the plaintiff’s dispute because it did not actually read the dispute and look into what the plaintiff submitted. A copy of the ruling … The post Judge Denies Defendant’s MSJ in FCRA Case Over Duplicate Reporting first appeared on AccountsRecovery.net.

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Judgment Credit Unions Credit Unions 237

Nexa Collect

MARCH 13, 2023

Large clients often assign hundreds ( even thousands) of accounts to a collection agency in one go. This large batch is usually their past-due inventory accumulated over the years. Suppose a client submits a batch of 1000 accounts to the collection agency. These accounts are assigned to multiple debt collectors who will start sending collection demands or making phone calls to all these 1000 accounts in a matter of days.

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Collection Agencies Collections Agency Collections Debtor 130

Account Recovery

MARCH 13, 2023

JUDGE DENIES DEFENDANT’S MSJ IN FCRA CASE OVER DUPLICATE REPORTING A District Court judge in Illinois has denied a defendant’s motion for summary judgment in a Fair Credit Reporting Act case, determining that the defendant did not conduct a reasonable investigation into the plaintiff’s dispute because it did not actually read the dispute and look … The post Daily Digest – March 13.

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Judgment 130

Credit Corp

MARCH 13, 2023

Buying a used car can lower the cost of your purchase, letting you move into car ownership with a much smaller loan. This might also be beneficial if you don’t have the credit or income to qualify for a loan amount that would cover a new car price. You might get an even better deal if you buy a used car through a private seller. However, it’s important to ensure you’re protected from scams and engaging in a safe transaction.

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Loans Banks 106

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

MARCH 13, 2023

Clark Hill announced today that Ari Derman has joined the firm as Senior Counsel in its Banking and Financial Services group. He will be based in Clark Hill’s Chicago office and also be a part of the Financial Services Regulatory and Compliance team. “Ari is tremendously respected in the industry and will be an excellent … The post Clark Hill Adds Ari Derman to Banking and Financial Services Practice first appeared on AccountsRecovery.net.

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Account Recovery

MARCH 13, 2023

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Nerd Wallet

MARCH 13, 2023

Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com. The article 4 Used-Car-Buying Scams and How to Avoid Them originally appeared on NerdWallet.

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Loans 83

Account Recovery

MARCH 13, 2023

We are in the throes of income tax season and there are a growing number of indicators — including reports from different collection operations across the country — that this year’s income tax refund season is going to be less bountiful than the industry has seen in recent years. The average income tax refund is … The post Tax Season Bump to Be Less Than in Years Past first appeared on AccountsRecovery.net.

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Collections 130

Nerd Wallet

MARCH 13, 2023

Alieza Durana writes for NerdWallet. Email: adurana@nerdwallet.com. Tiffany Lam-Balfour writes for NerdWallet. Email: tlambalfour@nerdwallet.com. Twitter: @@TiffLamBalfour. The article Guide to Treasury Bonds originally appeared on NerdWallet.

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Collections

UK debt collections

MARCH 13, 2023

Time is Money: Late payments ‘stifle’ small businesses across UK report shows The Federation of Small Businesses (FSB) has released a report that uncovers the true scale of damage caused by the late payments crisis as entrepreneurs say: ‘ enough is enough.’ Time is Money: The Case for Late Payment Reform , exposes the insufficient measures in place to hold big businesses to account and calls for a level playing field for smaller firms.

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Construction Government Education Trade 64

Nerd Wallet

MARCH 13, 2023

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article Being Pregnant at Disney World Is No Reason to Miss Out on Fun originally appeared on NerdWallet.

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Troutman Sanders

MARCH 13, 2023

On February 22, New York Attorney General Letitia James filed an enforcement action against digital asset exchange, CoinEx, for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange without appropriate registration in violation of New York law. In the petition , filed in the New York County Supreme Court, Attorney General James alleged that her office was able to buy and sell cryptocurrencies on CoinEx in New York, although the

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Trade 52

Nerd Wallet

MARCH 13, 2023

Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski. The article Collapse of SVB, Signature Bank: What You Need to Know originally appeared on NerdWallet.

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Banks 70

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

Prosperity Now

MARCH 13, 2023

State legislatures play a pivotal role in the overall governance of a state’s economy and the well-being of its constituents.

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Government 52

Nerd Wallet

MARCH 13, 2023

Trea Branch writes for NerdWallet. Email: tbranch@nerdwallet.com. The article Would an MBA Help You Come Out on Top in a Recession? originally appeared on NerdWallet.

Student loans 70

Student loans Student Loans Loans 70

Account Recovery

MARCH 13, 2023

With the Biden Administration’s fight to eliminate student loan debt before the Supreme Court, consumer advocacy groups and patients’ rights advocates are now calling on the administration to do something about the growing medical debt problem in America. The groups have sent separate letters to the Internal Revenue Service and the Consumer Financial Protection Bureau … The post Consumer Groups Lobbying Federal Gov’t For Medical Debt Protections first appeared on AccountsRecove

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Nerd Wallet

MARCH 13, 2023

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. The article What Is Continental Finance, and Are Its Cards Right for You? originally appeared on NerdWallet.

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Collections

Troutman Sanders

MARCH 13, 2023

On March 9, the U.S. House Financial Institutions and Monetary Policy Subcommittee held a hearing entitled “Consumer Financial Protection Bureau [CFPB]: Ripe for Reform.” The memorandum released in advance stated the hearing would “examine the leadership structure, funding, budget, and operations of the CFPB and areas in which reforms are needed.” Predictably, during the hearings there was a partisan split on the proposed reforms, with Republican members attacking what they characterized as agen

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Financial Institution Financial services Government Banks 52

Nerd Wallet

MARCH 13, 2023

Elizabeth Ayoola writes for NerdWallet. Email: eayoola@nerdwallet.com. The article 4 Steps to Create a Wedding Budget originally appeared on NerdWallet.

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Nerd Wallet

MARCH 13, 2023

Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com. The article 5 Electric Vehicles That Cost Less Than $40,000 originally appeared on NerdWallet.

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Loans 64

Nerd Wallet

MARCH 13, 2023

Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com. The article Best Travel Insurance for Older Adults originally appeared on 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.