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Applying for your first credit card is often considered a right of passage for many young adults, but signing up for that introductory offer isn’t necessarily the best move for everyone. Whether you are a young adult looking to build your credit or a seasoned pro looking to take advantage of a great signup bonus, getting a credit card might not be all that it’s cracked up to be.
Here you go folks. If this doesn’t get you some money in the next 2 weeks then nothing will. Feel free to use liberally and share with anyone you think will benefit. Just add your customer’s name, your bank details and the amount and hopefully watch the $$$ roll in. Obviously the $100 token payment can be increased if needed too. $100 is historically in our experience just the most common amount almost everyone has access to at any one time.
A District Court judge in Illinois has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Debt Collection Practices Act, ruling that the defendant was engaged in early-out collections and that it was not attempting to collect on a debt that was in default when it contacted the … The post Judge Grants MSJ for Defendant in FDCPA Case Over Early Out Collection Efforts appeared first on AccountsRecovery.net.
Recently we held our annual employee week and it was a long time coming! It was so refreshing to have our team together again and kick back, relax and have some much-needed fun and games. This has been an annual event for many years at American Profit Recovery but it’s no surprise that we were unable to pull it off for the past two years because of COVID-19.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
If you’re a former jet-setter who hasn’t taken a business trip in years, continue to hang in there. Business travel dropped in 2020 and 2021, and it’s still not back. U.S. hotel business travel revenue for 2022 is expected to be 23% below pre-pandemic levels, according to an April report from the American Hotel & Sally French writes for NerdWallet.
The Consumer Financial Protection Bureau (CFPB) is seeking public input on how bank customers can assert their rights to better customer service with big banks. A 2010 federal law specifies that consumers have rights to obtain timely responses to requests for information about their accounts from large depository institutions. In today’s Request for Information, the CFPB seeks data about, and consumer experiences with, the obstacles that may prevent people from receiving high standards of custom
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The Consumer Financial Protection Bureau (CFPB) is seeking public input on how bank customers can assert their rights to better customer service with big banks. A 2010 federal law specifies that consumers have rights to obtain timely responses to requests for information about their accounts from large depository institutions. In today’s Request for Information, the CFPB seeks data about, and consumer experiences with, the obstacles that may prevent people from receiving high standards of custom
More than half of all consumers across the country are going into debt, borrowing money, or using their savings to cover their expenses right now as a result of higher prices for everything from gas to groceries, according to the results of a survey conducted by the National Retail Federation. The data is yet another … The post New Data Indicates More Consumers Struggling to Make Ends Meet appeared first on AccountsRecovery.net.
In a bold move Wednesday afternoon, the Federal Reserve raised the federal funds rate by 75 basis points. As recently as mid-May, Fed Chair Jerome Powell had signaled a 50-point increase, but following unexpectedly high inflation numbers from the Bureau of Labor Statistics, as well as geopolitical turmoil and the ongoing effects of the pandemic, Kate Wood writes for NerdWallet.
On June 10, both live and virtual at Burr & Forman’s Birmingham Office, author Peter Zeihan discussed world developments including Ukraine, supply chain issues, the impact on mid-term elections, and more. Peter’s amazing global insights and analysis always leave you wanting more and this presentation was no different. Peter Zeihan has been featured in and cited by numerous newspapers and broadcasts including The Wall Street Journal, Forbes, AP, Bloomberg, CNN, ABC, The New York T
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
JUDGE DENIES MTD IN HUNSTEIN COPYCAT CASE A District Court judge in Washington has denied a defendant’s motion to dismiss after it was sued for allegedly communicating information about a debt with an unauthorized third party that printed and mailed a collection letter to the plaintiff, ruling that the language of the Fair Debt Collection … The post Daily Digest – June 14.
Venmo, a peer-to-peer money transfer app, is a low-cost option for businesses looking to accept contactless payments. Business owners can register for a business account attached to their personal Venmo account. Once set up, sellers can receive payments with their username, integrated Shopify and PayPal checkout, or a unique QR code. Venmo charges a fee.
On May 26, 2022, Florida Governor Ron DeSantis signed the Building Safety Act for Condominium and Cooperative Associations (“Building Safety Act”) into law. The Building Safety Act brings sweeping changes to Florida’s condominium and cooperative association laws, particularly regarding building inspections and reserves. This article will provide an overview of the Building Safety Act with a focus on the key changes and how the Building Safety Act will impact Florida community associations.
Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.
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.
Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on the top financial concerns facing servicemembers, veterans, and military families, based on the complaints they submitted to the CFPB. Servicemembers told the CFPB about billing inaccuracies and that debt collectors used aggressive tactics to recover allegedly unpaid medical bills.
MLS in real estate stands for multiple listing service, the platform that real estate agents use to list properties for sale and find homes for buyers. The listing and buyer’s agents participating in the MLS agree to share commission when properties are sold. Although people often refer to the MLS as a single entity, there. Barbara Marquand writes for NerdWallet.
Most people enter into bankruptcy because they are experiencing financial hardship. However, though a person can be struggling at the time they file, this does not mean it isn’t possible for their financial situation to greatly improve while they are still paying off their Chapter 13 bankruptcy plan. If you do find yourself having more money than expected, it’s understandable that you would want to know if an early payoff is a possibility.
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
A report released by the National Consumer Law Center and the Center for Law and Social Policy (CLASP) calling for “broad-based” cancellation of student loans, extending the moratorium on making student loan payments, and “strengthening” repayment options, as a means of helping individuals with student loan debts while also closing the racial wealth gap.
A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. It also signals a potential wave of Debt Collection action from creditors to recover what is owed. The warning comes from accountant Price Bailey after analysing data from lender the British Business Bank following a Freedom of Information Act request.
Credit card debt can be difficult to manage even in the best of times, but increasingly high interest rates are adding to that challenge. On Wednesday, the Federal Reserve announced a 0.75% increase to the federal funds rate — its largest hike in almost 30 years. Increases to this rate tend to make borrowing more. Jackie Veling writes for NerdWallet.
Recently, on May 20, 2022, the Federal Communications Commission (“FCC”) issued a Report and Order (“Order”), as well as a Further Notice of Proposed Rulemaking (all available here), with a plain objective: to “take further steps to stem the tide … Continue reading →
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
The Third Circuit Court of Appeals has upheld a lower court’s ruling in favor of a defendant in a Telephone Consumer Protection Act case involving an automated telephone dialing system. That sentence alone should make you want to read the rest of the article. But it’s the next sentence that is really going to grab … The post Appeals Court Holds Capacity Not Enough to Meet ATDS Definition for TCPA Violation appeared first on AccountsRecovery.net.
A digital debt recovery firm has been flooded with claims for unpaid fuel following a sharp rise in numbers. Rising petrol prices have led to a sharp increase in people not paying for fuel at petrol stations for a variety of reasons. Petrol prices hit record highs last week with the price of filling the tank of the average family car surpassing £100.
The cost of prescription drugs in the U.S. can be enough to make you sick. What you pay varies enormously depending on the drug, the pharmacy, your insurance plan and your deductible, among many other factors. A drug that may have been cheap or at least affordable the last time you filled it could be. Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com.
The doctrine of equitable mootness is in the news again. The Supreme Court recently denied a cert. petition in a case where the petitioner wanted the doctrine ruled unconstitutional. KK-PB Financial LLC v. 160 Royal Palm LLC , Case No. 21-1197, 2021 WL 7247541 ( petition ), 2022 WL 1914118, (denying certiorari ). The petitioner argued that equitable mootness “lacks a statutory basis, lacks any support in Supreme Court jurisprudence, is unconstitutional and allows federal judges to abdicate
What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv
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