Account Recovery

SEPTEMBER 16, 2020

A number of groups, including two debt collection companies, have filed briefs with the Supreme Court in support of Facebook in a Telephone Consumer Protection Act Case that seeks to define what constitutes an automated telephone dialing system once and for all. Amicus briefs were due to be filed by Sept. 11. Included in the … The post Collection Companies Among Group Filing Briefs Urging Supreme Court to Narrow ATDS Definition appeared first on AccountsRecovery.net.

Collection Companies 246

Collection Companies Collections 246

Nerd Wallet

SEPTEMBER 16, 2020

Your credit is like insurance: It’s not top of mind until you need it, then it can make all the difference. Credit matters, whether you’re trying to gain access to credit products like loans, rent an apartment or even get approved for a cell phone. And most Americans (69%) report that they have an established. Erin El Issa is a writer at NerdWallet.

Loans 108

Loans 108

Account Recovery

SEPTEMBER 16, 2020

The Consumer Financial Protection Bureau, along with 48 attorneys general, have reached a settlement that will see the owner of $330 million in private student loans forgive all of that amount after being accused of engaging in unfair acts and practices in violation of the Consumer Financial Protection Act. A copy of the complaint, filed … The post CFPB, State AGs Settle With Private Lender; $330M of Student Loans to be Discharged appeared first on AccountsRecovery.net.

Student loans 246

Student loans Student Loans Lender Loans 246

Credit Corp

SEPTEMBER 16, 2020

Credit cards are a great tool for building credit. They’re easy to use, offer flexibility, and sometimes even reward you for using them. Most also directly impact your credit score and are used by many people to begin building their credit profile. But what if you don’t want a credit card or are having trouble qualifying one? Don’t worry. There are other plenty of other ways to build a strong credit history.

Student loans 106

Student loans Student Loans Personal loans Loans 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

SEPTEMBER 16, 2020

A service that started in Utah to help individuals respond to debt collection lawsuits yesterday announced it would now be available nationwide as it seeks to win $50,000 in a technology competition. AccountsRecovery.net first wrote about SoloSuit back in 2018, when a group of students at Brigham Young University launched the idea, which allowed users … The post Site That Helps Consumers Respond to Collection Suits Launches Nationwide appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Account Recovery

SEPTEMBER 16, 2020

Lakeville, Minnesota / September 15, 2020 – Venandi Systems, LLC today announces the launch of its proprietary platform to provide verified and non-verified POE data solutions. Led by industry veteran Aaron Rose and his experienced executive leadership team, Venandi combines its technology platform with seasoned asset verification agents to provide creditors, purchasers of distressed accounts, … The post Venandi Systems, LLC Announces the Launch of Its Proprietary Platform to Provide Verif

Creditors 246

Creditors 246

Nerd Wallet

SEPTEMBER 16, 2020

The COVID-19 pandemic has touched all phases of the homebuying journey. Today’s first-time home buyers find themselves flailing in cross-currents: Fearing health risks, homeowners have delayed putting their homes up for sale, limiting supply. All-time low mortgage rates have encouraged even more buyers to leap into a fiercely competitive market. Meanwhile, tighter mortgage standards make.

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Account Recovery

SEPTEMBER 16, 2020

In a case that was first reported by Eric Troutman at TCPAWorld.com, a District Court judge in Texas has dismissed claims that a collector violated the Fair Debt Collection Practices Act by making one unanswered phone call to the plaintiff’s cell phone, but denied a motion to dismiss for lack of subject matter jurisdiction and … The post One Missed, But Returned Phone Call Enough to Confer Standing in TCPA Case appeared first on AccountsRecovery.net.

Fair Debt Collection 189

Fair Debt Collection Collections 189

Nerd Wallet

SEPTEMBER 16, 2020

Wayfair’s credit card has gone the way of outdated home decor: It’s been swept out and replaced by a pair of spiffed-up versions, including one you can use at merchants besides the Wayfair family of sites. The old Wayfair Credit Card was issued by Comenity Bank. Its successors, issued by Citi, are: The new Wayfair. Sara Rathner is a writer at NerdWallet.

Banks 100

Banks 100

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Collections

Account Recovery

SEPTEMBER 16, 2020

SITE THAT HELPS CONSUMERS RESPOND TO COLLECTION SUITS LAUNCHES NATIONWIDE A service that started in Utah to help individuals respond to debt collection lawsuits yesterday announced it would now be available nationwide as it seeks to win $50,000 in a technology competition. CFPB, STATE AGs SETTLE WITH PRIVATE LENDER; $330M OF STUDENT LOANS TO BE … The post Daily Digest – September 16.

Lender 177

Lender Student loans Student Loans Collections 177

Arbeit Software

SEPTEMBER 16, 2020

Our very own Market Research Analyst, Kaitlyn Filippi , Marketing Director, Tracy Montour , and CEO, Alex Villafranca sat down to discuss communication preferences by generation and how they apply to both the debt collection industry and other businesses. What they discovered might surprise you!

Collections 98

Collections Collection Agencies Collections Agency 98

Nerd Wallet

SEPTEMBER 16, 2020

Typically, the top three reasons people get a rewards credit card are that it has a great sign-up bonus, it offers great rewards for ongoing spend or it brings other perks simply for being a cardholder. But there’s one more, lesser-known reason you might decide to sign up for a rewards card: When paired with. Dan Miller is a writer at NerdWallet. Email: travel@nerdwallet.com.

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Credit Corp

SEPTEMBER 16, 2020

Love the idea of working with animals, but don’t have the resources or desire to go through vet school? You can still put your love of pets or wildlife to work in your career. Here are twelve jobs working with animals that can pay the bills for any animal lover. 1. Groomer. Groomers help pets look their best by cleaning them, trimming fur and providing other services.

Education 87

Education Trade 87

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

SEPTEMBER 16, 2020

Tuition insurance, which pays out if you need to leave school, can be worth the cost when your college does not have a sufficient refund or medical withdrawal policy. Schools typically have guidelines around who is eligible for a refund and under which circumstances, but those rules can be hard to find and are often. Cecilia Clark is a writer at NerdWallet.

Student loans 92

Student loans Student Loans Loans 92

Consumer Finance

SEPTEMBER 16, 2020

Consumer Financial Protection Bureau Director Kathleen L. Kraninger has announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC).

Credit Unions 85

Credit Unions Credit Unions Banks 85

Nerd Wallet

SEPTEMBER 16, 2020

The credit card rewards market can seem oversaturated with offers for both consumers and business owners. You’ve got airline miles, hotel points and bank rewards to think about. It can get overwhelming to sort the many bonus categories and various earning rates. Whatever happened to good ol’ cash back? Is it still possible to earn. Anya Kartashova is a writer at NerdWallet.

Banks 75

Banks 75

Fico Collections

SEPTEMBER 16, 2020

FICO’s Integrated AML Compliance Survey has revealed that while the vast majority of banks in more than 11 countries around the Asia Pacific region believe that AI will strengthen anti-money laundering efforts, many remain unsure how to operationalize the advanced technology. Conversely, when asked about the efficacy of much older rules-based technology, a high percentage of banks say they still believe in the ability of these AML systems, despite a large number of them saying they experience si

Banks 52

Banks Financial Institution 52

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Collections

Nerd Wallet

SEPTEMBER 16, 2020

Whether planning necessary travel in the near term or fantasizing about vacationing in the ever-longer term, you might be curious how the coronavirus pandemic has affected airfare prices. We compared data from our points and miles valuations analysis to determine where and how airfare has changed since this time last year. We looked at the. Sam Kemmis is a writer at NerdWallet.

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Payment Savvy

SEPTEMBER 16, 2020

One of the biggest challenges school administrators face is communicating monies due to parents. Small amounts due accumulate quickly and lead to a school having a heavy receivables book and ultimately little cash flow. To avoid instances of late or missing payments, schools can take their payment acceptance online for easy and secure processing. Improve Parental Engagement.

Education 52

Education 52

Nerd Wallet

SEPTEMBER 16, 2020

Only a handful of colleges have closed permanently due to economic instability caused by the COVID-19 pandemic. It’s likely that most schools will weather the storm, college experts say. But some schools are more vulnerable than others. “It’s not like thousands of schools will go under,” says Sandy Baum, a nonresident senior fellow at The. Anna Helhoski is a writer at NerdWallet.

Student loans 60

Student loans Student Loans Loans 60

Fico Collections

SEPTEMBER 16, 2020

While 2020 has posed new challenges in fraud, our new European Card Fraud Map shows that many countries were battling card fraud successfully last year — with the UK leading the pack. Of the 18 countries covered in the report, based on data from Euromonitor International and UK Finance, the UK posted the largest value reduction in fraud since 2018, some £52 million.

Banks 52

Banks Loans 52

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.

Nerd Wallet

SEPTEMBER 16, 2020

The deals you might encounter on salvage-title vehicles these days are enticing — late-model SUVs and luxury sedans, often with low miles, advertised for thousands less than comparable clean-history vehicles. The vehicles are clearly marked as having a “branded” title, a designation that has traditionally frightened off most shoppers, perhaps spooked by past ventures into.

Loans 59

Loans 59

Burr Forman

SEPTEMBER 16, 2020

Birmingham Partner Bryan Balogh and Mobile Partner Ricardo Woods have been elected to serve on the Alabama State Bar Association’s Diversity & Inclusion in the Profession Committee for the 2020-2021 year. Bryan will enter his second term serving on the committee while this year will be the first year serving for Ricardo. The Diversity & Inclusion in the Profession Committee is responsible for expanding and enhancing participation, inclusion, and educational and professional opportunities

Lawyers 40

Lawyers Education Law Firms Financial Institution 40

Nerd Wallet

SEPTEMBER 16, 2020

The federal government doesn’t offer a pharmacy residency loan deferment. If you’ll need a break from student loan bills during your residency, you’ll have to request forbearance. But if you can afford smaller payments, you’ll save money by switching your repayment plan instead. Private loans may have additional options. Some pharmacy school loans let you.

Loans 52

Loans Student loans Student Loans Government 52

Nexa Collect

SEPTEMBER 16, 2020

They say that the devil is in the details. This is generally true, but when it comes to invoicing, the devil is in the details omitted. Invoices that are vague, confusing, or lacking in basic information are much harder to collect than invoices that spell things out. This might seem like an obvious point, but many businesses don’t realize their invoices aren’t as clear as they could be.

Retail 130

Retail Collection Agencies Collections Agency Collections 130

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The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.

Credit Unions