Mon.Feb 13, 2023

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Constant improvement is one of our motivations

American Profit Recovery

By Sabrine: New Year’s is exciting not only because of the resolutions and goals we set for ourselves but because it means American Profit Recovery’s Annual Reward Ceremony is coming up!! This is my favorite time of year when the top performers are announced and rewarded for the amazing work they did the year prior. Some of the rewards given are: The Corporate Citizen Award Rookie of the Year Collector of the Year Manager of the Year Sales Rep of the Year Our goal each year is to improve and to

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Application for Debt Collection License Leads to Enforcement Action Against Online Lender

Account Recovery

When you’re submitting an application to get a debt collection license in Massachusetts, make sure you’re not disclosing information that state regulators are going to use against you. Online lending company Avant is learning that lesson the hard way, after disclosing in a debt collection license application that it was making small dollar loans.

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CFPB Finds One-Third Decline in Collections Items on Consumer Credit Reports

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) released a report examining trends in credit reporting of debt in collections from 2018 to 2022.

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Judge Grants MTD in FDCPA Claim that Using Process Server Violated Third-Party Disclosure

Account Recovery

A District Court judge in Michigan has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the third-party disclosure provision of the law was not violated when the defendant hired a process server to serve the plaintiff with a summons and complaint in a separate collection lawsuit. A copy of … The post Judge Grants MTD in FDCPA Claim that Using Process Server Violated Third-Party Disclosure first appeared on AccountsRecovery.net.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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How Fresh Tax Credits, Rebates Can Launch Your Eco Home Update

Nerd Wallet

Annie Millerbernd writes for NerdWallet. Email: amillerbernd@nerdwallet.com. The article How Fresh Tax Credits, Rebates Can Launch Your Eco Home Update originally appeared on NerdWallet.

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What Is a Testamentary Trust?

Nerd Wallet

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article What Is a Testamentary Trust? originally appeared on NerdWallet.

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Daily Digest – February 13. Judge Grants MTD Over Use of Process Server; Application for Collection License Leads to Enforcement Action

Account Recovery

JUDGE GRANTS MTD IN FDCPA CLAIM THAT USING PROCESS SERVER VIOLATED THIRD-PARTY DISCLOSURE A District Court judge in Michigan has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the third-party disclosure provision of the law was not violated when the defendant hired a process server to serve the plaintiff … The post Daily Digest – February 13.

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5 Things to Know About the Fit Credit Card

Nerd Wallet

Jaime Hanson writes for NerdWallet. Email: jhanson@nerdwallet.com. The article 5 Things to Know About the Fit Credit Card originally appeared on NerdWallet.

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Policy + Action: Introducing the 2023 Prosperity Now Scorecard

Prosperity Now

For over a decade, the Prosperity Now Scorecard has stood as a trusted online data and advocacy tool.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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.

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The Guide to Medjet

Nerd Wallet

Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to Medjet originally appeared on NerdWallet.

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Mortgage demand took a big step back last week, even after interest rates fell further

Collection Industry News

After a stronger start to the year, mortgage demand plunged last week, despite another drop in interest rates. Total mortgage application volume fell 9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.19% from 6.20%, with points falling to 0.65 from 0.69 (including the origination fee) for loans w

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Smart Money: When to Merge Finances — or Not

Nerd Wallet

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. Sean Pyles writes for NerdWallet. Email: spyles@nerdwallet.com. Twitter: @SeanPyles. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. Twitter: @sarakrathner. The article Smart Money: When to Merge Finances — or Not originally appeared on NerdWallet.

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Conn. Regulator Fines Agency $10k For License Issues

Account Recovery

A collection operation has been fined $10,000 by the Connecticut Department of Banking for not having the proper license to collect in the state. A copy of the consent order in the matter of Harris & Harris can be accessed by clicking here. The agency maintained a license to collect in Connecticut between 2003 and … The post Conn. Regulator Fines Agency $10k For License Issues first appeared on AccountsRecovery.net.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

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.

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Epcot vs. Animal Kingdom

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article Epcot vs. Animal Kingdom originally appeared on NerdWallet.

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