Account Recovery

JANUARY 15, 2021

A District Court judge in California has granted a defendant’s motion to dismiss a class-action lawsuit after it was sued for violating the Fair Debt Collection Practices Act when it was sued because the collection agency it placed a debt with sent a collection letter that indicated the plaintiff would have to pay a service … The post EDCA Judge Grants MTD in FDCPA Service Fee Case appeared first on AccountsRecovery.net.

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Fair Debt Collection Collection Agencies Collections Agency Collections 235

Enterprise Recovery

JANUARY 15, 2021

If you've agreed to contract with another business, you are providing valuable products and services that benefit their company's success. Likewise, their payment to your business is cash flow that keeps your company running smoothly. When your business fulfills its obligation but your client doesn't pay, it could sour the relationship and put your cash flow at risk.

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Collections Collection Agencies Collections Agency 132

Account Recovery

JANUARY 15, 2021

The Federal Communications Commission has assessed a $10 million fine against an individual accused of illegally using Caller ID in violation of the Truth in Caller ID Act to spoof thousands of robocalls that spewed racist and xenophobic messages. Scott Rhodes was accused of making 4,959 robocalls during a seven-month span in 2018. His calls … The post FCC Fines Illegal Robocaller $10M appeared first on AccountsRecovery.net.

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Roths Child Law

JANUARY 15, 2021

When a consumer in Tennessee has more debt than they can manage, bankruptcy may be the solution. Consumers commonly choose Chapter 7 bankruptcy, which allows them to erase certain debts, but filing for bankruptcy can impact credit scores. Chapter 7 bankruptcy and credit scores. Chapter 7 bankruptcy gets rid of debt more quickly than other types of bankruptcy through the liquidation of non-exempt assets.

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Chapter 7 bankruptcy Bankruptcy Unsecured Debt Debtor 97

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

JANUARY 15, 2021

The Consumer Financial Protection Bureau has released a series of guidelines for companies in the financial services industry when dealing with individuals for whom English may not be their primary language. The guidelines echo a similar rule that was enacted last year in New York City, but stop short of requiring companies to adhere to … The post CFPB Issues Guidelines for Working With Limited English Proficiency Consumers appeared first on AccountsRecovery.net.

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Financial services 195

Account Recovery

JANUARY 15, 2021

The Attorney General of Minnesota has obtained a settlement with a student loan debt relief company that illegally collected fees from individuals and misrepresented its services that will see the company pay the state more than $11,000 and cease operations in the state. The company, Document Assist Center, is based in California and was accused … The post Minnesota AG Fines, Bans Student Loan Debt Settlement Company appeared first on AccountsRecovery.net.

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Student loans Student Loans Debt settlement Loans 147

Nerd Wallet

JANUARY 15, 2021

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Why aren’t you investing? Maybe you grew up thinking the stock market was a scam. Maybe you’re worried that you’ll lose all your money. Alana Benson writes for NerdWallet.

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Education 70

Account Recovery

JANUARY 15, 2021

EDCA JUDGE GRANTS MTD IN FDCPA SERVICE FEE CASE A District Court judge in California has granted a defendant’s motion to dismiss a class-action lawsuit after it was sued for violating the Fair Debt Collection Practices Act when it was sued because the collection agency it placed a debt with sent a collection letter that … The post Daily Digest – January 15.

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Fair Debt Collection Collection Agencies Collections Agency Collections 147

Nerd Wallet

JANUARY 15, 2021

Good news for Southwest Rapid Rewards members — and especially those who earned a Companion Pass in 2019 — was released today: A Companion Pass extension is now in effect. Plus, Southwest announced new ways that Rapid Rewards members can earn status as an A-List, A-List Preferred and/or Companion Pass holder for 2021 and 2022. Sally French writes for NerdWallet.

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Collections

PBWT

JANUARY 15, 2021

We have blogged previously about section 546(e) , the Bankruptcy Code’s safe harbor for certain transfers otherwise subject to avoidance as preferences or fraudulent transfers. See 11 U.S.C. § 546(e). Among the transfers protected by the section 546(e) safe harbor are transfers by or to a “financial participant” made “in connection with a securities contract.” Id.

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Debtor Bankruptcy Judgment Acquisition 59

Nerd Wallet

JANUARY 15, 2021

Let’s get this out of the way: Credit cards aren’t inherently bad. They’re simply financial products that allow you to make purchases without having the cash on hand right away. Still, according to a NerdWallet survey, nearly one in 10 Americans (9%) think credit cards are evil. After all, they charge high interest rates and. Sara Rathner writes for NerdWallet.

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Fico Collections

JANUARY 15, 2021

The COVID-19 pandemic cast a huge shadow on the financial services worldwide. The FICO Blog posts last year reflected that – we wrote about everything from the impact on collections, proactive lender communications with consumers, issues with fraud, and of course, how FICO® Scores were impacted. We hope that what readers learned helped instill confidence in keeping credit flowing during uncertain times.

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Lender Loans Consumer Credit Credit Card Debt 59

Nerd Wallet

JANUARY 15, 2021

Long-awaited changes to the Free Application for Federal Student Aid form aim to make completing the form easier, unlocking aid to pay for college. The simplification effort also expands eligibility for many types of student aid. Changes include a much shorter form where the number of questions is based on your family’s financial situation. The. Anna Helhoski writes for NerdWallet.

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Student loans Student Loans Loans 60

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

Jimerson Firm

JANUARY 15, 2021

On February 9, 2021, Partner Hans C. Wahl will present Community Association Board Member Certification Course , a webinar for the Communications Associations Industry. This is a DBPR-approved educational program designed for association board officers and directors. The course will help participants understand how effective associations can and should functions, as well as how to become a more effective member of the team.

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Education 52

Nerd Wallet

JANUARY 15, 2021

Running a business comes with a lot of headaches, but deciding which credit card to use shouldn’t be one of them. Once you’ve made the decision to apply for The Business Platinum Card® from American Express, you need to take a few key steps to get enough value to offset the $595 annual fee. Terms. Ben Nickel-D’Andrea writes for NerdWallet. Email: travel@nerdwallet.com.

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Fico Collections

JANUARY 15, 2021

Many in the industry know that I’m a strong proponent of Fraud and Financial Crimes Convergence, so I’m often asked about just what organizations should do from a technology standpoint. Julie Conroy, research director for Aite Group's Fraud & AML practice , and I recently sat down for a fireside chat to discuss just that topic as part of a three-part series on how to converge fraud and financial crime capabilities at your institution.

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Financial Institution 52

Nerd Wallet

JANUARY 15, 2021

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Pfizer isn’t new to the limelight. The company’s stock is included in dozens of health care, pharmaceutical and dividend index funds and ETFs, and.

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Education 60

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Collections

TCPA

JANUARY 15, 2021

The Supreme Court recently declined to review the Seventh Circuit’s ruling in Mussat v. IQVIA, Inc., 953 F.3d 441 (7th Cir. 2020), which found that the logic of Bristol-Myers Squibb Co. v.

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Nerd Wallet

JANUARY 15, 2021

Frontier Airlines offers ultra-low-cost fares with only the flight included. If you want to choose your own seat, check a bag or even bring a carry-on, there’s a fee. If you want to pick your own seat (even a middle seat in the back of the aircraft), you’ll need to pay extra. Even the complimentary. Dan Miller writes for NerdWallet. Email: travel@nerdwallet.com.

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Better Credit Blog

JANUARY 15, 2021

If you’ve come across a new entry from Clarity Services Inc, you’re probably wondering how it got there. Finding an inquiry on your credit report can be unsettling, especially when you don’t recognize the name. Clarity Services is a third-party credit reporting company used by lenders to obtain data like your credit reports when you apply for funding.

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Lender Loans Debt Recovery Foreclosure 52

Nerd Wallet

JANUARY 15, 2021

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Subscription services seem to be the sweet spot for attracting new users and building customer loyalty. For $10 a month? Take all the streaming.

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Education 55

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

JANUARY 15, 2021

Imagine going to a store to buy a new pair of jeans and being presented with a choice of low-end ones for $25 or a few premium designer styles for $200 and up. You would be disappointed if the store didn’t have an option in between. That’s essentially the market that travel rewards credit card. Jason Steele writes for NerdWallet. Email: travel@nerdwallet.com.

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Nerd Wallet

JANUARY 15, 2021

Whether you plan to open a business bank account in person or online, you’ll need to provide basic details about yourself, your business and any additional business owners. You’ll also need a government-issued ID and legal business documentation. Here’s a breakdown of the requirements to open a business bank account and what you can expect. Randa Kriss writes for NerdWallet.

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Nerd Wallet

JANUARY 15, 2021

Medicare covers surgery for cataracts, an eye condition that afflicts 68% of Americans who reach age 80. The Medicare Part B deductible and copay apply, and there are coverage limitations on the type of intraocular lens that is implanted and on recently developed surgical techniques. Cataract surgery is very safe and improves the vision of. John Rossheim writes for NerdWallet.

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Nerd Wallet

JANUARY 15, 2021

With no monthly fees, unlimited refunds for ATM charges and a focus on digital banking, Novo business checking is a great option for small-business owners on the go. Novo offers its own integrated invoicing tool as well as direct integration with top business tools, making it ideal for streamlining financial processes and managing multiple accounts.

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Banks 52

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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