Thu.Dec 22, 2022

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Consumers’ Financial Well-Being on the Decline: CFPB

Account Recovery

The overall financial well-being of consumers is back to its pre-pandemic levels, which is not necessarily a good thing, according to data released yesterday by the Consumer Financial Protection Bureau, with a noticeable decline in financial health for Hispanics and individuals under 40. A copy of the full report can be accessed by clicking here. … The post Consumers’ Financial Well-Being on the Decline: CFPB first appeared on AccountsRecovery.net.

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How to Complain and Get Results

Nerd Wallet

Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. The article How to Complain and Get Results originally appeared on NerdWallet.

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Judge Grants MSJ For Defendant in FDCPA Case Over Debt That was Sold

Account Recovery

A debt that is sold to a third party can be confusing for a consumer, but confusion is not grounds for standing to sue under the Fair Debt Collection Practices Act, and bad lawyer jokes aside, using legal terms does not constitute the use of obscene or profane language, a District Court judge in Pennsylvania … The post Judge Grants MSJ For Defendant in FDCPA Case Over Debt That was Sold first appeared on AccountsRecovery.net.

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Cabo vs. Cancun: Which Is Best?

Nerd Wallet

Josh Garber writes for NerdWallet. Email: travel@nerdwallet.com. The article Cabo vs. Cancun: Which Is Best? originally appeared on NerdWallet.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Daily Digest – December 22. Getting to Know Kenneth Williams of Conn’s Home Plus; Judge Grants MSJ for Defendant in FDCPA Case

Account Recovery

GETTING TO KNOW KENNETH WILLAMS OF CONN’S HOME PLUS Kenneth Williams has spent the better part of four decades in collections — from the creditor side of the transaction. He’s been in the business so long that he got his start at a department store where my mom bought me an electric typewriter for my … The post Daily Digest – December 22.

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Getting to Know Kenneth Williams of Conn’s Home Plus

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Kenneth Williams

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MetaMask Crypto Wallet Review 2022: Pros, Cons and How It Compares

Nerd Wallet

Our Take 4.6 The bottom line: Guarda’s cryptocurrency wallet gives you a lot of options if you want to store your cryptocurrency on an internet-connected device, supporting thousands of cryptocurrencies using mobile, desktop and browser-based applications. Pros & Cons Pros: Large selection of supported cryptocurrencies; useful tools across desktop, mobile and browser apps.

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An eye on bankruptcy stats in 2022

Albuquerque Law

As New Mexico residents prepare for the holidays and the start of a new year, it is common to reflect on the past year. This practice is widespread, with even the government and courts gathering data on the events of the year – especially in terms of finances. So, what is the latest information on bankruptcy for this last year? What are the statistics?

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Ninth Circuit Reaffirms Borden Interpretation of ATDS

Troutman Sanders

Do the text messages that Facebook sends to your phone with birthday reminders violate the Telephone Consumer Protection Act (TCPA)? According to the Ninth Circuit in a recent decision , the answer is no because users provided their phone numbers to Facebook and, in order to qualify as an automatic telephone dialing system (ATDS) under the TCPA, the telephone system must randomly or sequentially generate telephone numbers.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

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.

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Contractors Beware: Depositing a Check Titled “Final Payment” May Be an “Accord and Satisfaction” or “Final Release” That Prevents You From Recovering Further Payment

Jimerson Firm

As a general contractor, subcontractor, or supplier, you have likely experienced problems collecting final payment from your customer. You get to the end of the project, and your customer does not want to pay you the full amount you are owed. Then you get a check in the mail from your customer, for an amount less than what you are owed. Should you deposit that check?

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