Sat.Jan 01, 2022 - Fri.Jan 07, 2022

7 Top Tips for Small Business Credit Control in 2022

UK debt collections

One of the most tiresome aspects of running a Small Business in the UK is chasing unpaid invoices. Over 50% of small business owners have reported that it costs them time and money trying to get paid small Business paid on time.

Nearly Half Of 18- To 34-Year-Olds Feel Like They Are ‘Drowning In Debt’

Collection Industry News

Source- site. Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners. It’s easy to feel overwhelmed by debt. Unpaid student loans, an ever-increasing credit card balance with high interest, a monthly car payment: these are just a few reasons why young consumers feel like they carry a huge financial weight on their shoulders.

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Trending Sources

The Events and Trends That Will Shape the ARM Industry in 2022

Account Recovery

To a large degree, events and trends that happen outside the accounts receivable management industry shape what happens inside the industry. What trends, milestones, hazards, and circumstances will determine the path of the ARM industry in 2022?

Scorecard: How to Track Associate Performance

NCBA Law Practice Management Blog

It’s always a hard thing to measure value, for, like, anything. And, it’s even tougher when you’re trying to value people, including (and maybe especially) in the context of employment.

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

USCIS Expands Automatic Employment Authorization Extensions and Nonimmigrant Categories Eligible to Work Incident to Status

Burr Forman

Employment Authorization Document (EAD) processing times have been severely delayed in recent years, rendering certain dependent nonimmigrants temporarily ineligible to work and causing gaps in some U.S. employers’ workforces.

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More Trending

Daily Digest – January 7. FDCPA Class-Action Accuses Collector of Overshadowing; NCLC Publishes State Law Guide

Account Recovery

FDCPA CLASS-ACTION COMPLAINT ACCUSES COLLECTOR OF OVERSHADOWING Does threatening to permanently disconnect an individual’s suspended cell phone service constitute overshadowing?

Shopping local: A selfie of how you lift up your community

Kasasa

You know what happens — you're curled up on the couch in your pajamas catching up on your favorite shows and reading the latest highlights from your friends and family on your phone.

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CFPB Releases Report Detailing Consumer Complaint Response Deficiencies of the Big Three Credit Bureaus

Consumer Finance

A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief.

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Mortgage Outlook: Rates May Stand Still in January

Nerd Wallet

January mortgage rates forecast I predict that mortgage rates will stay about the same in January. They’re more likely to dip modestly than to rise. The omicron variant of COVID-19 might exert its strongest impact on the U.S. economy and health care system in January, before easing up in February.

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Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

Commercial Collection Agencies of America Announces Board of Directors

Account Recovery

Commercial Collection Agencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc.,

Are cash advances good or bad?

Kasasa

My Finances Debt Management

Improve Your Accounts Receivable and Business Collections in 2022

Enterprise Recovery

Every year, we take a look back at the previous year's blog entries to learn more about what you, our readers, want to see. In 2020, we observed that our readers were interested in building out their own successful A/R departments and first-party collections efforts. We're here to help!

Save for What Makes You Feel Good in 2022

Nerd Wallet

You probably know to plan and save for the big and boring expenses, aka financial needs. But what about the fun stuff? Expenses that don’t put a roof over your head, but do provide joy, rejuvenation and other hard-to-quantify benefits are worth saving for, too.

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NCLC Publishes Guide of State Consumer Protection Laws Going Into Effect in 2022

Account Recovery

The National Consumer Law Center has published a guide of all the state consumer laws that are currently scheduled to go into effect at some point in 2022, providing a handy reference to anyone who needs to be aware of such changes.

Let's talk about personal loans

Kasasa

Raise your hand if you've ever taken out a personal loan. ?. Family Finances Debt Management Personal Loans

Supreme Court to consider forced-arbitration issues in two cases

Public Citizen

In December, the Supreme Court granted the petition in Viking River Cruises v. Moriana , which poses the question whether the Federal Arbitration Act requires state courts to enforce a waiver of a statutory right of action to collect penalties on behalf of a state, in violation of neutral principles of state law prohibiting such a waiver, if the waiver is set forth in an arbitration agreement.

What to Buy (and Skip) in January 2022

Nerd Wallet

It’s 2022, and the new normal still feels pretty abnormal. The holiday season came and went, and we all learned a lot about supply chain management. If you’re reading this, you’re likely unfazed by product delays and determined to save a buck in the new year. The good news is you can count on a.

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Settlement With FTC Bans Defendants From Collections, Imposes $675k Fine

Account Recovery

A company that made cash advances to small businesses has reached a settlement with the Federal Trade Commission that will see the defendants pay $675,000 while also being permanently banned from participating in any debt collection activities.

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Consider your finance options when making a big-ticket purchase

Kasasa

CFPB report on consumer complaint response deficiencies of the big three credit bureaus

Public Citizen

This Consumer Financial Protection Bureau today issued a report on the effect of changes in complaint responses provided by nationwide consumer reporting companies. The CFPB found that the changes resulted in fewer meaningful responses and less consumer relief: In 2021, Equifax, Experian, and TransUnion together reported relief in response to less than 2% of covered complaints, down from nearly 25% of covered complaints in 2019.

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Order a New Car From the Factory and Save

Nerd Wallet

With vehicles in short supply at the dealership, more shoppers are ordering cars from the factory. In return for a wait of a few weeks — or months — you get exactly what you want. In the current market, you’re likely to save money as well. While Americans have long been accustomed to finding a.

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Getting to Know Brian Striker of Sherloq Solutions

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management.

What To Know About Credit Freezes and Fraud Alerts

Better Credit Blog

According to the FTC, 1.4 million reported identify theft incidents in 2020, an increase from 650,000 in 2019. This seems to be a particularly American problem, as 33 percent of U.S. adults have experienced identity theft, per the online protection agency Identity Force.

Automatic Renewal State Law Changes Effective January 1, 2022

Troutman Sanders

Colorado and Delaware have enacted new laws for automatic renewal or negative options offers. The new laws became effective January 1, 2022. Illinois already has a law on the books related to automatic renewals but has recently made a few minor amendments to it. Colorado.

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Half of Travelers Have the Same New Year’s Resolution

Nerd Wallet

As another year greets us, people around the world have started finessing their New Year’s resolutions. Here’s one surprising resolution, reported by an AmEx Trendex travel trends poll conducted in October 2021: 52% of respondents have a desire to take more vacation time in 2022 than 2021.

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FDCPA Class-Action Complaint Accuses Collector of Overshadowing

Account Recovery

Does threatening to permanently disconnect an individual’s suspended cell phone service constitute overshadowing? That particular individual is alleging that it does, accusing a collector of violating the Fair Debt Collection Practices Act in a class-action lawsuit.

Debt Collection firms welcome ban on Debt packager referral fees

UK debt collections

Debt Collection firms have welcomed the news that the Financial Conduct Authority has completed a consultation on outlawing referral fees for debt packager firms. The news that a ban is likely to be introduced in the coming months.

What Happens To Staff When A Company Goes Into Administration?

Hudson Weir

Knowing what happens to staff when a company goes into administration is very important, regardless of where you are in the process. For a business facing insolvency, administration can provide additional time to tackle debts and some breathing space from creditor claims.

Best Credit Cards of 2022: The Most Unique Features of Each Winner

Nerd Wallet

It’s hard to stand out in a competitive credit card market. That’s why many issuers offer unique benefits that can make their cards distinctive from the rest of the pack. Here are the most unique features of each of NerdWallet’s 2022 Best Credit Card winners. Wells Fargo Active Cash?

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