Account Recovery

FEBRUARY 4, 2022

About 5,000 delinquent accounts are reported to credit bureaus each month, according … The post VA Sets New Threshold For Reporting Medical Debt to Credit Bureaus appeared first on AccountsRecovery.net. The new rule, which establishes a minimum threshold for what will be reported, goes into effect on March 4.

Healthcare 246

Healthcare 246

Account Recovery

FEBRUARY 1, 2022

Following up on yesterday’s article about how consumer payment trends are changing and continuing to push more toward digital channels and away from checks and cash is another study that reveals that three-quarters of consumer payments will be handled by non-traditional financial services institutions by the end of this decade, up from 60% just (..)

Financial services 244

Financial services 244

Account Recovery

FEBRUARY 1, 2022

Five of the nation’s major banking trade groups have sent a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau, asking the Bureau to conduct a consumer study or focus groups before making any decisions on what to do about overdraft fees, arguing that the information published by the CFPB so far … The post Banking (..)

Banks 246

Banks Trade Credit Unions Credit Unions 246

Account Recovery

JANUARY 31, 2022

If cases of mistaken identity weren’t a real thing, there wouldn’t be so many movies written about it. What matters, though, to companies in the accounts receivable management industry is what you do after you find out you might be trying to collect from the wrong person.

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Account Recovery

JANUARY 31, 2022

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER MISTAKEN IDENTITY If cases of mistaken identity weren’t a real thing, there wouldn’t be so many movies written about it.

Accounts Receivables Management 244

Accounts Receivables Management Collections 244

Nerd Wallet

FEBRUARY 4, 2022

Most of us probably start out with travel credit cards in the same way: We’re looking for ways to save money on travel, stumble across a website or two talking about the joys of travel rewards points and hesitantly sign up for our first card. Depending on which cards you’ve been looking at, you may. Carissa Rawson writes for NerdWallet.

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Nerd Wallet

JANUARY 31, 2022

This week’s episode starts with a discussion about how to make a no-spend month work for you. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. Then we pivot to this week’s money question from a listener’s voicemail. Here it is: “Hi, my name is Hannah, and I am calling because.

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Nerd Wallet

FEBRUARY 3, 2022

A credit reference is a document, person or company that can provide information about whether you typically have paid your bills on time. You’re most likely to be asked for a credit reference when you are trying to rent a home, get utilities connected or borrow money. Also, some states allow potential employers to check.

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Troutman Sanders

FEBRUARY 1, 2022

The notice seeks comments from any interested parties about BNPL products and provides the following examples of information the CFPB seeks: What is the consumer experience with BNPL products? For more information about the notice and request for comment and BNPL generally, the CFPB wrote a blog post in conjunction with the notice.

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Fico Collections

FEBRUARY 2, 2022

Now let’s talk about commandments 3, 5 and 6. It’s about utilizing the data you have to create differentiated experiences based on your knowledge of the customer. Find ways to be proactive and show them that you care about their financial wellbeing. Be fascinated by your customers, not your technology. Make customers feel safe.

Banks 52

Banks Financial Institution Education Financial services 52

Arbeit Software

FEBRUARY 4, 2022

No matter what your budget is, and even if you are the only person on your team who cares about it, you can start marketing your agency and take ownership over your online presence. The post How To Start Marketing Your Debt Collection Agency (Even If You Have Never Done It Before) appeared first on Arbeit -.

Collection Agencies 52

Collection Agencies Collections Agency Collections 52

Credit Corp

FEBRUARY 3, 2022

Discover more about the credit invisible below and whether you’re one of them. That means when lenders go to check your credit to evaluate you for a loan, they can’t see anything about you. In This Piece. What does credit invisible mean? Are you credit invisible? The downsides of being credit invisible?

Loans 94

Loans Personal loans Auto Insurance Lender 94

Sawin & Shea

FEBRUARY 2, 2022

Some are less than truthful about the benefit they provide. Before making any decisions about how to handle your credit card debt, you should consult with a bankruptcy attorney. For more information about debt relief and bankruptcy, get in touch with the attorneys at Sawin & Shea today. Bankruptcy.

Credit Card Debt 72

Credit Card Debt Chapter 13 bankruptcy Bankruptcy Creditors 72

Public Citizen

JANUARY 31, 2022

The Federal Trade Commission has this page linking to information, blog posts, and other resources about coronavirus scams and how to avoid them, including scams concerning treatments, vaccines, and testing.

Trade 40

Trade 40

Troutman Sanders

JANUARY 31, 2022

Banks and processors should continue to be vigilant about reviewing merchant advertising to ensure that the costs of the goods and services are disclosed. The CFPB specified that it intends to strengthen competition by reducing junk fees and craft rules, industry guidance, and focus on its enforcement authorities.

Credit Unions 52

Credit Unions Credit Unions Banks Loans 52

Collection Industry News

FEBRUARY 1, 2022

The only good thing about it was my baby being born,’” she said. “It In an emailed response to the Post-Gazette, UPMC declined to respond to questions about the union survey or provide the number of workers who owe medical debt. There aren’t good numbers” about how many health care workers owe money to their employers, said Ms.

Third-party Debt Collectors 52

Third-party Debt Collectors Government Healthcare Debt collector 52

UK debt collections

FEBRUARY 3, 2022

Arcadis’s head of strategic research, Simon Rawlinson, said the latest insolvency figures “tells us more about the withdrawal of business support associated with covid rather than the immediate state of the construction sector”.

Construction 88

Construction Trade 88

Burr Forman

FEBRUARY 4, 2022

The facts in this case are nearly identical to those in all of the copycat cases being filed—the plaintiff alleged that the defendant shared information about her debt to a third party letter vendor by communicating the existence of the debt, the amount owed, the alleged creditor, and the plaintiff’s name and address.

Collection Companies 52

Collection Companies Creditors Collections 52

Collection Industry News

FEBRUARY 1, 2022

About PRA Group. For more information about research offerings from Zacks Investment Research, visit Zacks.com. Please send any questions or comments about this story to [email protected]. Institutional investors own 98.89% of the company’s stock. Featured Story: Fundamental Analysis.

Loans 52

Loans Bankruptcy Collections Government 52

Credit Corp

FEBRUARY 3, 2022

Ask Your Insurance Company about New Discounts. If you are enrolled in an accredited driver’s safety course, contact your insurer about getting a discount for completing the class. If your car is older, consider dropping collision and comprehensive insurance. Compare Rates and Get Car Insurance Quotes.

Banks 98

Banks Auto Insurance 98

Payment Savvy

FEBRUARY 2, 2022

So how do you go about finding the right payment partner for your business? Payment Savvy is excited about helping merchants grow through our secure and innovative payment processing solutions. Here are five tips to get you started. Communication. Their skillset and technology must meet your needs. Looking for a better way?

Credit Unions 52

Credit Unions Credit Unions Startups Banks 52

Troutman Sanders

JANUARY 31, 2022

On January 27, the Federal Trade Commission (FTC) announced that consumers in 2021 reported losing about $770 million to fraud initiated on social media — about one fourth of all reported fraud losses for the year and an 18-fold increase from 2017, according to the FTC’s latest Consumer Protection Data Spotlight.

Financial services 52

Financial services Trade Government Banks 52

Collection Industry News

FEBRUARY 1, 2022

The Chamber now says it has reservations about Sarah Bloom Raskin, the White House nominee to be the Fed’s next vice chair for supervision. After the recent push by board members at the Federal Deposit Insurance Corporation to usurp the Chair’s authority, we have serious concerns about similar politicization at the Federal Reserve.”.

Banks 40

Banks Government Loans Collections 40

Better Credit Blog

FEBRUARY 3, 2022

If you’re thinking about using an identity theft protection service, keep these key questions in mind: Is the service provided worth it? Provides immense resources on its site to educate consumers about the risks of identity theft and actions needed to prevent it. What You Need to Know About Identity Theft Protection Services.

Credit Bureau 75

Credit Bureau Loans Lawyers Education 75

Collection Industry News

FEBRUARY 1, 2022

Synchrony Financial is closely monitoring the possibility that regulators will curb late fees across the credit card industry, but it’s not overly concerned about the potential revenue impact, executives said Friday.

Retail 40

Retail Banks Loans Collections 40

Debt Recoveries

JANUARY 30, 2022

However, the job of actually recovering the incurred loss is often forgotten about until it’s too late or completely overlooked. . In the never-ending quest to keep the insured and other parties happy, we process the claims and settle the cost of repairs.

Debt Recovery 52

Debt Recovery Collections 52

Collection Industry News

FEBRUARY 1, 2022

For more context about this issue, see VPM’s Dreams Deferred Series. The post Virginia Attorney General Miyares Announces Plan To Cut Collection Fees On Overdue State Student Debt In Half appeared first on Collection Industry News.

Student loans 40

Student loans Student Loans Collections Loans 40

Troutman Sanders

JANUARY 31, 2022

While discrimination of various types is prohibited by a variety of federal and D.C. laws, this bill would apply to a broader range of industries; impose affirmative requirements, including an annual self-audit and reporting requirement; and provide enforcement authority to the Office of the Attorney General for the District of Columbia (AG).

Education 52

Education Student loans Student Loans Financial services 52

NACM

JANUARY 31, 2022

Bottlenecks along the busiest ports of the West Coast are expanding to the Eastern side of the country, including South Carolina, New York and Georgia, according to news reports.The twin ports of Long Beach and Los Angeles handle about 40% of the U.S.'s

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Fico Collections

FEBRUARY 2, 2022

For example, in 2009 a tech CEO wrote about innovation and the Highlander Principle in Harvard Business Review. A couple of weeks ago legendary tech journalist Kara Swisher chatted extensively about it with former Twitter CEO Dick Costolo on her podcast “Sway.” Why “There Can Be Only One”. Unify with common purpose.

Government 52

Government 52

NCBA Law Practice Management Blog

FEBRUARY 1, 2022

And, it’s likely that, if you sat down and thought about it, you could probably generate anywhere from 5-10 tasks for each case type, that you need to do every. While every law firm thinks their work product on each case is a special little snowflake, there are similarities among case types.

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Law Firms Lawyers Creditors 52