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The Illinois legislature is considering a bill that would require hospitals screen individuals without health insurance before initiating any collection activity while also prohibiting the sale of medical debt. To help advance the legislation and bring attention to the medical debt problem in Illinois, the Illinois Coalition for Immigrant and Refugee Rights yesterday released a … The post Bill Introduced in Illinois to Ease Medical Debt Burden first appeared on AccountsRecovery.net.
The Consumer Financial Protection Bureau (CFPB) took action today against Portfolio Recovery Associates, one of the largest debt collectors in the nation, for violating a 2015 CFPB order and engaging in other violations of law.
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 22 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
A District Court judge in Louisiana has denied a motion to dismiss filed by two defendants sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff has sufficiently alleged that one of the defendants willfully violated the relevant provisions of the statute and that the other defendant’s failure to respond to a … The post Judge Denies MTD in FCRA Case Over Canceled Debt first appeared on AccountsRecovery.net.
As of the second quarter in 2022, Americans owed over $192 billion in personal loans, according to TransUnion ®. This was a 31% increase from 2021 and is thought to be due to the financial hardships Americans experienced during the COVID pandemic that overwhelmed the nation in 2020. If you’re one of the many Americans who took out a personal loan in early 2022, the good news is that interest rates were very low, according to the St.
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As of the second quarter in 2022, Americans owed over $192 billion in personal loans, according to TransUnion ®. This was a 31% increase from 2021 and is thought to be due to the financial hardships Americans experienced during the COVID pandemic that overwhelmed the nation in 2020. If you’re one of the many Americans who took out a personal loan in early 2022, the good news is that interest rates were very low, according to the St.
The American Hospital Association is fighting back after a report was released last week that said about 15% of all non-elderly adults are carrying some amount of unpaid medical debt, saying that the report failed to mention the underlying root-causes of the problem while also failing “to appreciate the looming crisis” that is likely to … The post AHA Pushes Back on Medical Debt Report first appeared on AccountsRecovery.net.
Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. Twitter: @[link] The article Mortgage Rates May Drop Despite Fed Rate Increase originally appeared on NerdWallet.
JUDGE DENIES MTD IN FCRA CASE OVER CANCELED DEBT A District Court judge in Louisiana has denied a motion to dismiss filed by two defendants sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff has sufficiently alleged that one of the defendants willfully violated the relevant provisions of the statute and … The post Daily Digest – March 22.
Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski. The article Fed: Tightened Credit Could ‘Substitute for Rate Hikes’ originally appeared on NerdWallet.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Many people use the terms ATM card and debit card interchangeably, but these aren’t actually the same thing. To understand whether an ATM card is also a debit card, you have to know a bit about the history of these cards and what they’re used for. We’ve got the details on ATM cards vs. debit cards below. Find out the difference and get answers to some common debit and ATM questions.
Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. The article When Does Travel Brand Loyalty Make Sense? originally appeared on NerdWallet.
If you spend time around investors or business people, you’ve likely heard the term Net Present Value, or NPV. You may find the term confusing if you’re new to business or haven’t needed to use KPIs (Key Performance Indicators). Since NPV is an essential metric to gauge the health of businesses and investment options, understanding this tool is critical.
Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com. The article The Best Home Insurance in Louisiana for 2023 originally appeared on NerdWallet.
Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.
Most international money wires have been possible with the infamous SWIFT code. If you’re dealing with international payments regularly, you must know of its existence. However, many of you might be faintly aware of the code’s purpose. SWIFT is widely used in almost every country, with just a few exceptions, as it’s one of the most secure methods of sending international payments all over the world.
Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article What Is the Social Security Special Minimum Benefit? originally appeared on NerdWallet.
In the world of business, profitability is the ultimate goal. To achieve this, companies need to understand their costs and revenue streams to make informed decisions about pricing, product mix, and production levels. One metric that helps companies analyze their financial performance is contribution margin. In this article, we will be talking about what is a contribution margin, how do you calculate it and why it’s important for businesses to regularly monitor it.
Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. The article Travel Rewards Programs Shouldn’t Be So Annoying to Use originally appeared on NerdWallet.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
An Illinois federal district court recently denied a creditor-defendant’s motion for summary judgment in a Fair Credit Reporting Act (FCRA) case brought by a consumer who questioned why his debt was being reported twice — as both a tradeline with the original creditor and as a tradeline with a third-party collection agency. The court’s opinion in Kyle Fickel vs.
On March 16, the Federal Communications Commission (FCC) adopted its first set of regulations targeting what is perceived as the increasing problem of scam text messages sent to consumers. The first rule requires mobile service providers to block text messages that appear to come from phone numbers that are unlikely to transmit text messages. This includes invalid, unallocated, or unused numbers identified on a Do-Not-Originate list.
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