Account Recovery

JUNE 1, 2021

NDCA JUDGE GRANTS MTD IN FDCPA CASE OVER CREDITOR ID IN LETTER A District Court judge in California has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because it identified the creditor and the original creditor in a letter, but did not identify the … The post Daily Digest – June 1.

Creditors 214

Creditors Fair Debt Collection Original Creditor Collections 214

Nerd Wallet

JUNE 1, 2021

Federal student loans will be more expensive for 2021-22 school year. Even so, borrowers will still see some of the lowest student loan interest rates of the past decade. Interest rates for new undergraduate federal student loans will rise from 2.75% to 3.73% for 2021-22. The interest rates for undergraduate, graduate and PLUS loans are. Colin Beresford writes for NerdWallet.

Student loans 128

Student loans Student Loans Loans 128

Account Recovery

JUNE 1, 2021

Joining its neighbor in the Seventh Circuit, the Sixth Circuit Court of Appeals has ruled that confusion and anxiety are not sufficient grounds for a plaintiff to claim standing to sue in a Fair Debt Collection Practices Act case, affirming a lower court’s dismissal of a case, albeit on different grounds than what was articulated … The post Sixth Circuit Jumps on Standing Bandwagon, Rules ‘Bare Anxiety’ Not Enough to Sue Under FDCPA appeared first on AccountsRecovery.net.

Fair Debt Collection 147

Fair Debt Collection Collections 147

Nerd Wallet

JUNE 1, 2021

Maybe you snuck into your neighbor’s swimming pool when you were a kid. Perhaps you jumped on their trampoline when they weren’t around or used their pile of random junk as a fort. To a child, these youthful indiscretions seem pretty harmless. But for a homeowner, such acts of rebellion can pose a serious liability. Doug Sibor writes for NerdWallet.

105

105

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

JUNE 1, 2021

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.

147

147

Account Recovery

JUNE 1, 2021

A District Court judge in California has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because it identified the creditor and the original creditor in a letter, but did not identify the current creditor to whom the debt was owed, with the judge ruling … The post NDCA Judge Grants MTD in FDCPA Case Over Creditor ID in Letter appeared first on AccountsRecovery.net.

Creditors 147

Creditors Fair Debt Collection Original Creditor Collections 147

Nerd Wallet

JUNE 1, 2021

When you’re starting a business, one of the first things you need to do is write a business plan. Your business plan is like a roadmap for your business, so you can lay out your goals and a concrete plan for how you’ll reach them. Not only is a business plan essential for any business. Page Grossman writes for NerdWallet. Email: wpguestuser+pgrossman@nerdwallet.com.

95

95

Account Recovery

JUNE 1, 2021

A bill has been introduced in the Senate that seeks to stiffen the penalties for violations of the Telephone Consumer Protection Act, including jail time for those who willfully or knowingly violate the statute while also doubling the penalty for those who are found to falsify their caller ID information. While the full text of … The post Bill Introduced in Senate To Amend TCPA; Seeks Prison Time For Knowing and Willful Violations appeared first on AccountsRecovery.net.

147

147

Nerd Wallet

JUNE 1, 2021

A lot of preparation goes into starting a business before you can open your doors to the public or launch your online store. One of your first steps should be to write a business plan. A business plan will serve as your roadmap when building your business. Within your business plan, there’s an important section. Dan Marticio writes for NerdWallet. Email: wpguestuser+dmarticio@nerdwallet.com.

94

94

Advertisement

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

Collections

PDC Flow

JUNE 1, 2021

Shopping for payment technology for your business can be overwhelming. You need to be able to make the best choices for your company but what do you need to know first? If you’re looking for a payment processor, here are some of the most important current trends, compliance concerns and tools that can help you with your choice. 1) What is the strongest current trend in payment processing?

Collections 78

Collections Banks 78

Nerd Wallet

JUNE 1, 2021

Gym franchises are some of the most popular franchises in the country, so if you have a passion for health and fitness and are interested in joining a franchise rather than building a new business from the ground up, this could be the perfect solution. There are plenty of gym franchises to choose from, but deciding. Eric Goldschein writes for NerdWallet.

92

92

Credit Corp

JUNE 1, 2021

This article originally appeared on The Financially Independent Millennial and was republished with permission. Are you looking to ensure financial security? Depending on where you fall on the Millennial spectrum, you may be just starting in the professional world, starting a family, entering middle management, or even working your way out of debt. No matter where you are, you’ll want to make smart financial choices now to help assure long-term financial success.

Student loans 97

Student loans Student Loans Credit Card Debt Loans 97

Nerd Wallet

JUNE 1, 2021

Depreciation is a calculation used to reduce the value of a fixed asset over a period of multiple years. Many small-business owners find this concept confusing because depreciation does not match cash flow. Instead, it is a calculation made and an entry recorded into the bookkeeping on a recurring basis. Fixed assets lose their usefulness. Billie Anne Grigg writes for NerdWallet.

68

68

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

Public Citizen

JUNE 1, 2021

Here. Excerpt: *  * With no announcement, the company recently changed its terms of service to allow customers to file lawsuits. Already, it faces at least three proposed class actions, including one brought May 18 alleging the company’s Alexa-powered Echo devices recorded people without permission. The retail giant made the change after plaintiffs’ lawyers flooded Amazon with more than 75,000 individual arbitration demands on behalf of Echo users.

Lawyers 61

Lawyers Retail 61

Nerd Wallet

JUNE 1, 2021

If you want to invest in the energy industry, but you’re not quite ready to become a Texas oil tycoon or install a field of solar panels, you’ve got another option. Energy ETFs make it easy to invest in many energy companies at once. What is an energy ETF? An energy ETF is an exchange-traded. Alana Benson writes for NerdWallet. Email: abenson@nerdwallet.com.

Trade 63

Trade 63

Burr Forman

JUNE 1, 2021

Article written by Christopher R. Thompson on February 25, 2021. “On January 26, 2021, Judge Stephan P. Mickle, Sr. died at the age of 76, having lived an extraordinary and historically significant life, by any definition. I did not have the honor of meeting Judge Mickle, but Judge Karen Specie (Bankruptcy Court for the Northern District of Florida) had a unique friendship with Judge Mickle that began in 2012 by happenstance after her own appointment to the bench.

Bankruptcy 52

Bankruptcy 52

Nerd Wallet

JUNE 1, 2021

When starting a business—no matter what type of business that may be—a business plan is essential to map out your intentions and direction. That’s the same for a restaurant business plan, which will help you figure out where you fit in the landscape, how you’re going to differ from other establishments around you, how you’ll. Sally Lauckner writes for NerdWallet.

57

57

Advertisement

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

Collections

Fico Collections

JUNE 1, 2021

Around 80% of smart phone owners use navigation applications regularly. In fact, many of us are so used to using these navigation tools, we even use them when familiar with our planned destination. For something so ingrained in our day to day lives, few of us have really stopped to think what these navigation apps are doing. A navigation app uses a combination of maps and GPS location data to provide turn-by-turn guidance from our current location to a destination of choice.

Manufacturing 52

Manufacturing Trade Debt Recovery Retail 52

Nerd Wallet

JUNE 1, 2021

If you want to fly cheap to Asia but prefer a cushier, more perk-laden experience, Cathay Pacific’s economy or premium economy ticket may be your best bet. The Hong Kong-based airline offers economy passengers top-of-the-line service, plus perks not found on some other carriers’ economy class flights, like spacious seats, unique menu offerings and lots.

52

52

TAMSEY

JUNE 1, 2021

Tanzania is located on the east coast of Africa. It neighbours Uganda, Kenya and the Comoro Islands, and its beautiful beaches are washed by the Indian Ocean’s waters. Tanzania has some of the most sought-after touristic destinations in the world, including Mount Kilimanjaro, Pemba Island, Serengeti National Park, and of course, Zanzibar. In 2019, Tanzania generated more than $2 billion in revenue from tourism.

Banks 52

Banks Government Collections 52

Nerd Wallet

JUNE 1, 2021

The largest city in Pennsylvania and the birthplace of the United States, Philadelphia, is a popular tourist destination. Whether you’re hoping to see the Liberty Bell, sample the city’s famous cheesesteaks or eat your way through Terminal Market, you may be wondering how to travel to Philadelphia on points and miles. There are many ways. Natasha Gabrielle writes for NerdWallet.

52

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.

Collection Industry News

JUNE 1, 2021

Source: site. In a recent blog post , the FTC explained the role of closing letters issued by the staff of its Bureau of Consumer Protection. The FTC indicates that it views the closing letters as a supplement to its enforcement activity. It states that the letters inform a company or individual that the FTC is closing its. investigation into their conduct.

Trade 40

Trade Collections 40

Nerd Wallet

JUNE 1, 2021

Whether you’re looking to turn your passion into a profession or you were simply born with that innate, unshakeable spirit of an entrepreneur, there’s one thing that all aspiring business owners have in common. To make your big dream a long-term, sustainable reality, you have to figure out how to earn more revenue than you. Meredith Wood writes for NerdWallet.

52

52

Collection Industry News

JUNE 1, 2021

Source: site. Last week, the Seventh Circuit reminded advertisers of the narrowing availability of insurance coverage for Telephone Consumer Protection Act (TCPA) claims.In Mesa Laboratories v. Federal Insurance Co., the court rejected a fax marketer’s bid to make its insurer pay for its defense and settlement of an underlying unsolicited fax lawsuit.

Collections 40

Collections Government 40

Public Citizen

JUNE 1, 2021

Here , in an article by Kate Berry. The article is behind a paywall but should soon be available on Lexis if it isn't already.

Trade 45

Trade 45

Advertisement

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