Account Recovery

DECEMBER 21, 2020

The Sixth Circuit Court of Appeals has reversed a lower court’s ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act, ruling that all the information that can be viewed through the glassine window portion of an envelope containing a collection letter matters under Section 1692f(8) of the … The post Sixth Circuit Reverses Ruling in FDCPA Envelope Case appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

DECEMBER 21, 2020

Vacation rentals offer many potential benefits compared with hotel rooms, including lower prices, more amenities and a more personal touch. Yet knowing which vacation rental platform provides the best overall experience for travelers is another question. Here we compare two popular vacation rental platforms — Airbnb and Vrbo — across several criteria.

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Account Recovery

DECEMBER 21, 2020

The Senate on Saturday unanimously passed a bipartisan bill that would require the Federal Communications Commission to establish a rule under which it would maintain a list of phone numbers that are not eligible to be blocked by voice service providers while also requiring the FCC to develop a report that describes the effectiveness of … The post Senate Unanimously Passes Robocall Bill appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 21, 2020

January mortgage rates forecast The year begins with mortgage rates near historically low levels, with the 30-year fixed-rate mortgage averaging under 3%. Rates will remain low in January. Today’s mortgage rates sprouted from the pandemic and the resulting recession, in which millions of jobs withered. Some lost jobs will return in 2021, but the economy.

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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

DECEMBER 21, 2020

SIXTH CIRCUIT REVERSES RULING IN FDCPA ENVELOPE CASE The Sixth Circuit Court of Appeals has reversed a lower court’s ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act, ruling that all the information that can be viewed through the glassine window portion of an envelope containing a … The post Daily Digest – December 21.

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Fair Debt Collection Collections 195

Account Recovery

DECEMBER 21, 2020

In the true spirit of the season, Frontline Asset Strategies gives back to our community through a donation to the U.S. Marine Toys for Tots Foundation. We are committed to helping bring joy to children in our local neighborhoods by providing them with gifts to unwrap on Christmas morning. Frontline’s representatives help to create a … The post Frontline Asset Strategies Supports Toys for Tots This Holiday Season appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 21, 2020

You’ve decorated the tree, put up the lights and placed a lit candle in every window. But the next thing you know, you smell smoke. Candle fires, stolen presents and other calamities can put an unwelcome damper on your seasonal cheer, but insurance can often help clean up the mess. Here are some common holiday. Ben Moore writes for NerdWallet. Email: bmoore@nerdwallet.com.

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Home Insurance 103

Account Recovery

DECEMBER 21, 2020

In a case that was first spotlighted by Eric Troutman at TCPAWorld.com, a District Court judge in Ohio has granted a plaintiff’s motion for summary judgment and awarded it $122,500 after he was contacted by a debt collector 245 times during a 4 1/2-month span, even though the creditor never communicated to the collector that … The post Judge Grants MSJ for Plaintiff in TCPA ATDS Case, Awards $122k in Damages appeared first on AccountsRecovery.net.

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Debt collector Judgment Creditors 162

Credit Corp

DECEMBER 21, 2020

Whenever you apply for anything—a loan, credit card, etc.—the lender will need to look into your credit report. Called a credit check, there are two kinds of credit checks—hard and soft. Each is used for different reasons and has a different impact on your credit score. Below, find out more about soft credit checks, when and how they’re used and why they’re beneficial.

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Lender Personal loans Loans Legal Rights 99

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Collections

Account Recovery

DECEMBER 21, 2020

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

DECEMBER 21, 2020

Much to the delight of fans of Spirit Airlines, the budget airline’s frequent flyer program has been redesigned from top to bottom. One of the shiny new features of the Jan. 21, 2021, program rollout: elite status levels offering valuable benefits that frequent Spirit flyers will appreciate. Here’s a guide to Spirit Airlines’ new elite. Alisha McDarris writes for NerdWallet.

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Consumer Finance

DECEMBER 21, 2020

On December 22, 2020, the Consumer Financial Protection Bureau issued a consent order against Discover Bank, The Student Loan Corporation, and Discover Products, Inc. based on violations of a prior Bureau order, the Electronic Fund Transfer Act, and the Consumer Financial Protection Act of 2010.

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Student loans Student Loans Loans Banks 92

Nerd Wallet

DECEMBER 21, 2020

If you’ve been collecting JetBlue TrueBlue points, you probably want to squeeze the most value out of them. It takes some thought and consideration to earn points as cost-effectively as possible, then redeem them in ways that get you the highest possible per-point value; effectively, you need to have a solid redemption strategy to exchange. Josh Garber writes for NerdWallet.

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Collections 97

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

Consumer Finance

DECEMBER 21, 2020

On December 22, 2020, the Consumer Financial Protection Bureau issued a consent order against Santander Consumer USA Inc. to address the Bureau’s finding that it violated the Fair Credit Reporting Act.

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Loans 74

Nerd Wallet

DECEMBER 21, 2020

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week we share insights from our listeners, who shared what 2020 and the pandemic taught them about money. Check out this episode on any of these platforms: Apple Podcasts Spotify SoundCloud Have a money question? Text or call us at 901-730-6373. Liz Weston writes for NerdWallet.

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JMA

DECEMBER 21, 2020

So you’ve decided to become an entrepreneur but you’re not exactly sold on the idea of starting from scratch. Your best option at the moment is to buy an existing business. Investing your money in an existing business has its advantages and disadvantages. For one thing, you’d need to let go of a fair amount. Read more » The post Buying a Business in Australia appeared first on JMA Credit Control.

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Nerd Wallet

DECEMBER 21, 2020

Many Americans are hoping to get their finances back on track in 2021 after a rough year. Increasing savings, paying off debt and improving credit scores were the most popular goals cited by Americans in a recent NerdWallet survey. At the same time, many Americans also said they want to keep some of the good. Kimberly Palmer writes for NerdWallet. Email: kpalmer@nerdwallet.com.

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Collections

JMA

DECEMBER 21, 2020

With Christmas season around the corner, this could only mean one thing: your bank account is going to take a hit. With a long list of presents to buy, here’s how you can keep spending to a minimum so you won’t have to ring in the New Year with debt. Convenient Loans Make It Easier. Read more » The post Christmas Shopping Financial Traps appeared first on JMA Credit Control.

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Banks Loans 52

Nerd Wallet

DECEMBER 21, 2020

The COVID-19 pandemic has drastically shifted how we shop and dine out. For many, gone are the days of leisurely wandering among grocery stores aisles or breaking bread at restaurants. Instead, many of our meals — or the ingredients to prepare them — are picked up curbside or delivered to our door by a third. Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com.

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Fico Collections

DECEMBER 21, 2020

It’s December, and as I settle in for another Scandinavian winter, I’m looking back on the current year with an eye toward what will happen in the next. Predicting the future is an annual pursuit at FICO, and this year my 2021 fraud predictions for the European region reflect how some of the broad trends that shaped 2020 will mutate into specific fraud challenges in the coming year.

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Banks Loans Government Acquisition 52

Nerd Wallet

DECEMBER 21, 2020

If you default on your federal student loans, you have two main options for getting out of it: loan consolidation or loan rehabilitation. Your defaulted debt will be sent to the U.S. Department of Education’s Default Resolution Group, which services your loans moving forward — this means helping you get out of default. If unsuccessful, the. Anna Helhoski writes for NerdWallet.

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Student loans Student Loans Loans 65

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.

Burr Forman

DECEMBER 21, 2020

December 21, 2020 – Burr & Forman LLP recently represented Brentwood Associates , a leading middle-market private equity investment firm, in acquiring a minor interest in Snooze, an innovative breakfast and lunch chain with 44 locations in six states. The Denver-based restaurant chain is one of the leading concepts in the expanding market for breakfast-focused chains.

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Bankruptcy Government 40

Nerd Wallet

DECEMBER 21, 2020

If you’ve ever searched online for a new rug, coffee table, throw pillow or outdoor fire pit, your hunt has likely led you to a Wayfair page. Wayfair is one of the world’s largest online destinations for the home, offering more than 18 million products. Chronic house redecorators, or even just casual shoppers, may consider. Erin Hurd writes for NerdWallet.

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Collection Industry News

DECEMBER 21, 2020

Now in its fourteenth year, insideARM.com’s Best Places to Work in Collections program recognizes the most positive workplace environments in our industry. I will be so bold as to say that every collection agency, law firm, or debt buyer with 15 or more employees must absolutely participate — and not just because participation is free. (2020 was an interesting year, with a pandemic and sudden work-from-home provisions.

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Law Firms Collection Agencies Collections Agency Collections 40

Nerd Wallet

DECEMBER 21, 2020

If you want to build up your stash of American Express Membership Rewards points without feeling like you have to join a country club to do so, two options provide a way in without a sky-high annual fee: The Amex EveryDay® Credit Card: $0 annual fee. The Amex EveryDay® Preferred Credit Card from American Express: $95. Sara Rathner writes for NerdWallet.

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Credit Unions