American Profit Recovery

FEBRUARY 13, 2023

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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Collections 130

Account Recovery

FEBRUARY 13, 2023

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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Consumer Finance

FEBRUARY 13, 2023

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

Consumer Credit 101

Consumer Credit Collections 101

Account Recovery

FEBRUARY 13, 2023

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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Lender Collections Loans 130

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.

Nerd Wallet

FEBRUARY 13, 2023

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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Personal loans Loans 84

Nerd Wallet

FEBRUARY 13, 2023

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

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Account Recovery

FEBRUARY 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

FEBRUARY 13, 2023

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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Account Recovery

FEBRUARY 13, 2023

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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Fair Debt Collection Collections 130

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Collections

Nerd Wallet

FEBRUARY 13, 2023

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

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Prosperity Now

FEBRUARY 13, 2023

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

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Collection Industry News

FEBRUARY 13, 2023

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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Loans Banks Collections 40

Nerd Wallet

FEBRUARY 13, 2023

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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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

Nerd Wallet

FEBRUARY 13, 2023

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

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