Sat.Sep 11, 2021 - Fri.Sep 17, 2021

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New Platform Offers ‘Innovative’ Options to Repay Debts

Account Recovery

Seeking to offer consumers more ways to settle their unpaid debts, a husband and wife team fro Wisconsin have launched a new platform that was recently profiled in a media publication. Called Debtle, the platform offers creditors the opportunity to accept “alternative payments” beyond traditional checks and credit and debit cards. Options like opt-in payment … The post New Platform Offers ‘Innovative’ Options to Repay Debts appeared first on AccountsRecovery.net.

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Best Practices for Creating a Business Credit Policy

Enterprise Recovery

Within an accounting department, a credit manager's job is to determine the creditworthiness and credit risk of clients. By setting up clients in this way, along with the implementation of a credit policy, your accounts receivable department can be more successful, cash flow is boosted and the risk of non-paying clients is reduced. Here are best practices for creating a business credit policy.

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Need a Passport for a Trip? Give Yourself a Big Time Cushion

Nerd Wallet

If you’re a procrastinator and your passport is set to expire, hopefully you don’t have an international trip planned within the next four months (at least). The U.S. Department of State is warning of massive delays in turnaround times both for issuing new — and renewing existing — passports. If you’re renewing an existing passport. Sally French writes for NerdWallet.

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Should you give your customer a heads up they’re going to debt collection?

Collect More

This is a question we get asked all the time and our answer is always the same- absolutely you should. But give them one final chance and don’t ever give them longer than 24 hours to respond or pay. Short, sharp deadlines. The time for chit chat and niceties is over. You mean business and they can either pay you today or deal with the debt collectors tomorrow.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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Daily Digest – September 17. Judge Grants MTD in Case Over Allegedly Insufficient Validation Information; How Pandemic Affected Debt Burdens

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER ALLEGEDLY INSUFFICIENT VALIDATION INFORMATION There is no doubt that consumers are often confused by the information that is sent to them by debt collectors. It is the very reason why courts have instituted the least sophisticated consumer standard, a lens through which judges can determine whether even the … The post Daily Digest – September 17.

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Student Loan Debt Spans Generations, and Many Aren’t Ready to Resume Payment

Nerd Wallet

Student loan debt is often seen as a crisis for millennials and Generation Z, but the truth is the financial impact of the more than $1.7 trillion in education debt [1] can be felt across generations. Parent PLUS loan debt — currently exceeding $100 billion [2] — is one such example. Parent PLUS loans are. Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com.

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Best Practices for Using Email to Collect Payments

PDC Flow

Businesses have a problem. For decades, paper bills and telephone calls have been the standard when seeking payment from customers. Now, faster, more convenient communication options are available (and expected) by consumers. Using email to collect payments is popular, simple to implement, and creates a quicker way for people to pay their bills. Using Email to Collect Payments.

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Appeals Court Affirms Ruling in FDCPA Fees-on-Fees Case

Account Recovery

The Court of Appeals for the Seventh Circuit has affirmed a lower court’s ruling that a collector did not violate the Fair Debt Collection Practices Act by attempting to collect attorney’s fees and fees-on-fees after filing a collection lawsuit against an individual. A copy of the ruling in the case of Robbins v. MED-1 Solutions … The post Appeals Court Affirms Ruling in FDCPA Fees-on-Fees Case appeared first on AccountsRecovery.net.

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Where Can I Get Resume Help? 14 Free and Affordable Options

Credit Corp

This article originally appeared on My Life, I Guess and has been republished here with permission. Your resume is your introduction to a potential employer. A weak or ineffective resume will make the wrong first impression and will likely prevent you from getting a job. It’s not something that you can just quickly throw together or copy off of Google.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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.

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How to Negotiate Your Way to a Richer Life

Nerd Wallet

Negotiating is an important personal finance skill that can help you earn more and pay less. Whether you’re discussing a job offer, dickering at a car dealership or just trying to work out a budget with your significant other, the ability to bargain effectively can have a huge impact. You don’t have to be a. Liz Weston writes for NerdWallet. Email: lweston@nerdwallet.com.

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CFPB Report: Renters at Risk as COVID-19 Safety Net Ends

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) today released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end. The report, “Financial conditions for renters before and during the COVID-19 Pandemic,” finds that some government relief efforts likely helped maintain the financial stability of renters and their families, suggesting that many may be at risk as those programs ex

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Judge Grants MSJ For Defendant in FDCPA Case Over Misstated Debt Amount in Letter

Account Recovery

After defaulting on a credit card debt, having a judgment issued against you, and then receiving four more collection letters seeking to collect on a debt, is there anyone who thinks that the next letter is going to induce an individual to repay the debt? But because the balance was lower in that next letter, … The post Judge Grants MSJ For Defendant in FDCPA Case Over Misstated Debt Amount in Letter appeared first on AccountsRecovery.net.

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Child Tax Credit or Guaranteed Income: What's in a Name?

Prosperity Now

On September 15, millions of families will receive the third installment of the monthly Child Tax Credit (CTC) payments that

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

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4 Ways to Manage Retirement Health Care Costs

Nerd Wallet

Health care in retirement is a big-ticket item. Experts estimate that an average 65-year-old retired couple in 2021 would need about $300,000 in after-tax savings earmarked for health care costs in their post-work life, even with Medicare, according to Fidelity. The totals are daunting, but you can take steps to keep costs as low as. Kate Ashford writes for NerdWallet.

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Debt Collection firms targeted via the ‘Buy now, Pay later’ industry

UK debt collections

Debt Collection firms that collect monies on behalf of the BNPL (buy now pay later) sector are being targeted. Regulators have been called upon to crack down on ‘buy now, pay later’ companies. A recent scathing report revealed that one in 10 shoppers using the credit services are being chased by debt collectors amid surging demand for this form of credit.

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TrueAccord Launches Retain, a Digital-First Solution for Early-Stage Collections

Account Recovery

Lenexa, KS – Sept. 16, 2021 – TrueAccord Corporation, which offers intelligent digital recovery and communication products and services, today launched Retain, a new, client-branded product that addresses early-stage collection challenges for lenders and other organizations with customers with past-due delinquent accounts. Using the company’s patented, machine learning-based and self-optimizing decision engine, Retain uses engagement … The post TrueAccord Launches Retain, a Dig

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10 Practical Money Skills to Master Before Retirement

Credit Corp

This article originally appeared on The Financially Independent Millennial and was republished with permission. Everyone wants to enjoy a comfortable retirement , but unfortunately, this goal feels out of reach for most people. Individuals approaching retirement can increase their chances of financial stability by working to master practical skills that will be essential once the working years are in the rearview mirror.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

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!

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Does Medicare Pay for CPAP Machines and Supplies?

Nerd Wallet

Medicare pays most costs of CPAP, a common therapy for people with obstructive sleep apnea, or OSA. To get coverage, you’ll need a physician to prescribe a CPAP machine based on tests — including a sleep study — showing that you have OSA. OSA, which afflicts 25 million adults in the United States, is a. John Rossheim writes for NerdWallet. Email: USexpansion@nerdwallet.com.

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New York Further Extends the COVID-19 Emergency Eviction and Foreclosure Prevention and Small Businesses Acts to January 15, 2022, but Provides a Way to Challenge Hardship Declarations

Consumer Finance Watch

Wayne Streibich, Diana M.

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Daily Digest – September 13. Judge Grants MSJ For Defendant in FDCPA Case; Colo. AG Reaches $3M Settlement With Auto Lender

Account Recovery

JUDGE GRANTS MSJ FOR DEFENSE IN FDCPA CASE OVER WEBSITE DISCLOSURE Sometimes, collectors will use a broad brush and expansive statements to try and cover as much ground as possible when letting consumers know about the rules and regulations related to collecting on unpaid debts. Those statements do not specifically violate the Fair Debt Collection … The post Daily Digest – September 13.

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10 Steps to Start an Online Business

Credit Corp

This article originally appeared on The Financially Independent Millennial and was republished with permission. The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Everyone can start an online business. No massive bank balance, college degree, or extensive work experience is necessary. All that’s required is an excellent idea, the right systems, and the motivation to become financially independent.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

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.

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Does Medicare Cover Dentures?

Nerd Wallet

Original Medicare doesn’t pay for dentures or related dental appointments for fittings or tooth extractions. To get some coverage of these substantial costs, you’ll need to enroll in Medicare Advantage or private dental insurance. Medicare excludes all dental services, except in some specific and unusual circumstances where dentistry or oral surgery is required in a.

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A Step-by-Step Guide to Skip Tracing

Micro Bilt

In some ways, the digital era has made it easier to stay connected. In other ways, it's made it easier for people to disappear. You may have heard of it before, but what is skip tracing exactly? And what's the importance of skip tracing to locate hard-to-find people? We'll answer these questions and more, so keep reading.

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Colo. AG Reaches $3M Settlement With Auto Lender Over Origination, Collection Issues

Account Recovery

The Attorney General of Colorado has reached a settlement with one of the nation’s largest subprime auto lenders that will see the company pay more than $3 million in consumer relief while also requiring it to amend its origination and collection practices, including not requiring consumers to make payments through methods that require consumers to … The post Colo.

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You May Be Responsible for Your Customer Double Debiting Checks

FFGN COLLECT NY

Once the Check Clearing for the 21st Century Act (Check 21) came into effect in 2004, banks could handle checks electronically thereby increasing the speed of check processing and reducing the costs of handling and transferring physical checks. Today, most financial institutions offer a mobile deposit option that lets people deposit checks through an app on their phones.

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

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