Nerd Wallet
JULY 28, 2022
The latest Mega Millions lottery jackpot has passed $1 billion for only the third time in the lottery game’s 26-year history. That’s, well, a lot of money. How much? Here’s one way to think about it: Let’s say you’ve just scored a dream salary of $1 million a year. Go, you! So, at that blistering. Rick VanderKnyff writes for NerdWallet. Email: rvanderknyff@nerdwallet.com.
Account Recovery
JULY 29, 2022
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Complaint Accuses Collector of Incorrectly Noting Account was Disputed appeared first on AccountsRecovery.net.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
American Profit Recovery
JULY 21, 2022
Our economy is changing, and you need to be ready! If your business has thought about hiring a collection agency to improve cash flow, but has never made a firm decision, you’ll want to listen up. Economic conditions are changing rapidly, and your ability to weather the shifting conditions could rely on just a few basic principles and techniques in your business.
Enterprise Recovery
JULY 15, 2022
Business leaders have long known that the economy was going into a recession. It's important to prepare a business for any economic challenge , whether it's externally or internally driven. With accelerated technology and startup growth, eventually, there will be a slowdown. Technology and startup leaders must be prepared to ensure their business fares well.
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.
Consumer Finance
JULY 11, 2022
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit today accusing payday lender ACE Cash Express of concealing free repayment plans from struggling borrowers. Because of ACE’s illegal practices, individual borrowers paid hundreds or thousands of dollars in reborrowing fees, when they were in fact eligible for free repayment plans.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Nerd Wallet
JULY 13, 2022
Today’s housing market can feel like a dream killer. Rising mortgage rates, high home prices and a shortage of properties for sale deliver a one-two-three punch. If you’ve been knocked out of one too many deals and need a timeout, here’s how to regroup and keep the homeownership dream alive. Give yourself a break Given. Barbara Marquand writes for NerdWallet.
Account Recovery
JULY 29, 2022
COMPLAINT ACCUSES COLLECTOR OF INCORRECTLY NOTING ACCOUNT WAS DISPUTED A complaint has been filed in federal court in the District Court for the Eastern District of California, accusing a collector of violating the Fair Debt Collection Practices Act by allegedly incorrectly marking an account as disputed after receiving a letter from the plaintiff. This content … The post Daily Digest – July 29.
American Profit Recovery
JULY 19, 2022
When running any type of business, you are obviously dealing with clients and customers who ultimately need to pay you for your goods and services. But we all know that there are a certain percentage of your customer’s over time that will drag out payments, not pay you at all, or run into circumstances where they lose the ability to meet their financial obligations.
Enterprise Recovery
JULY 1, 2022
When you've exhausted time and resources chasing down an unpaid invoice, it's time to send that invoice to third-party collections. If the client isn't responsive to your efforts to connect or they're refusing to pay or cannot pay, it's time to send the account to third-party collections. If you've written off the account as bad debt, it's still time to send it to third-party collections.
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.
Consumer Finance
JULY 13, 2022
The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) have fined Bank of America $225 million for botching the disbursement of state unemployment benefits at the height of the pandemic.
Troutman Sanders
JULY 19, 2022
As peer-to-peer money transfer services (or cash apps) become more popular, there has been an increase in the number of scams enticing consumers to transfer funds to fraudsters. The law currently provides that the banks that own the cash apps are only required to reimburse transactions not authorized by the customer — meaning if a customer is tricked into transferring money to a scammer, but authorizes the transaction, the banks are not responsible for those transactions.
Nerd Wallet
JULY 27, 2022
When you see one of Ramon Smothers’ custom-made suits, there’s no mistaking it for an off-the-rack design. As the owner of Legacy Lapels, he’s made a business out of making people look good. Based in Houston, the company lets customers design suits for a fraction of the cost of traditional bespoke tailoring, and the inspiration. Whitney Vandiver writes for NerdWallet.
Account Recovery
JULY 25, 2022
An advocacy group in New York is pushing Governor Kathy Hochul to sign a bill into law that would ban hospitals from obtaining garnishments and imposing liens to collect on unpaid medical debts, and has issued a report investigating the practice at five nonprofit hospitals in the state, concluding that indebted patients tend to work … The post Report Analyzes Garnishment Data to Lobby N.Y.
Advertisement
For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.
Fico Collections
JULY 21, 2022
Home. Blog. FICO. Continuous Financial Education for Women Small Business Owners. FICO-hosted panel at NAWBO’s 2022 Advocacy Days discusses how financial education impacts access to capital and business growth for small businesses. FICO. Tue, 02/18/2020 - 14:57. by Joanne Gaskin. expand_less Back To Top. Thu, 07/21/2022 - 15:30. In June, I had the pleasure of participating in a panel discussing credit access and financial education for women small business owners at the National Association of W
Enterprise Recovery
JULY 25, 2022
The process of collecting what's due from customers can go by several names. Accounts receivable, receivables, A/R, accounts receivable collections, debt collections, and more. (Not to be confused with accounts payable, which is a different part altogether.). Many of these terms are not interchangeable but actually define different levels or areas of the process of collecting payments.
Consumer Finance
JULY 28, 2022
Today, the Consumer Financial Protection Bureau (CFPB) took action against U.S. Bank for illegally accessing its customers’ credit reports and opening checking and savings accounts, credit cards, and lines of credit without customers’ permission. U.S. Bank pressured and incentivized its employees to sell multiple products and services to its customers, including imposing sales goals as part of their employees’ job requirements.
Troutman Sanders
JULY 6, 2022
In late June 2022, the U.S. District Court for the Central District of California gave final approval for a $2.5 million class-action settlement in Johnson v. Moss Brothers Auto Group to resolve claims brought against a motor vehicle dealer under the Telephone Consumer Protection Act (TCPA). The settlement resolves a class action, pending since 2019, before the Supreme Court’s landmark TCPA decision in Facebook v.
Speaker: Lynnette Khalfani-Cox, The Money Coach®
Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?
Nerd Wallet
JULY 13, 2022
Flight delays and cancellations are uncomfortably frequent right now. In fact, the on-time arrivals rate thus far in 2022 among U.S. airports hasn’t been this low since 2014, according to the Bureau of Transportation Statistics. For the period between January and April 2022, just 76% of nonstop, domestic flights arrived on time, according to the. Sally French writes for NerdWallet.
Account Recovery
JULY 25, 2022
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.
Prosperity Now
JULY 27, 2022
Across the country, the rising cost of living, increasing debt, and navigating an economy recovering from COVID-19 continues to impact
Enterprise Recovery
JULY 8, 2022
You can't build your business or do effective marketing unless you know who you're selling to. These initial decisions will guide your sales and marketing team to be its most successful and scale your company faster. Do you know who's going to be buying your goods or services? Do you know the decision-makers for your B2B startup?
Speaker: William Hord, Vice President of ERM Services
A well-defined change management process is critical to minimizing the impact that change has on your organization. Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization.
Consumer Finance
JULY 26, 2022
Today, the Consumer Financial Protection Bureau (CFPB) penalized Hyundai Capital America (Hyundai) for repeatedly providing inaccurate information to nationwide consumer reporting companies and failing to take proper measures to address inaccurate information once it was identified between 2016 and 2020.
UK debt collections
JULY 22, 2022
Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of unpaid debts. The actor left the popular soap Emmerdale last year before going on to win the 2021 series of I’m a celebrity… get me out of here.
Nerd Wallet
JULY 28, 2022
The Mega Millions jackpot has ballooned to an estimated $1.02 billion ahead of the next drawing on Friday, July 29. A billion dollars is not an easy number to wrap your head around, and it’s happened only twice before in Mega Millions history. If you want a chance to win the jackpot, here’s what you. Taryn Phaneuf writes for NerdWallet. Email: tphaneuf@nerdwallet.com.
Account Recovery
JULY 29, 2022
The Court of Appeals for the Eleventh Circuit has vacated a lower court’s approval of class certification in a Telephone Consumer Protection Act case, ruling that some of the named plaintiffs in the class did not have standing to sue in federal court. A copy of the ruling in the case of Drazen v. Godaddy.com … The post Appeals Court Vacates Certification, Settlement in TCPA Case appeared first on AccountsRecovery.net.
Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP
Did you know that 2021 was a record-breaking year for ransomware? The days of a “once in a while” attack against businesses and organizations are over. Cyberthreats have become a serious issue. With 495.1 million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record! As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists.
Expert insights. Personalized for you.
137 
Let's personalize your content