Sat.Mar 18, 2023 - Fri.Mar 24, 2023

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DEBT COLLECTION: HOW DO YOU DECIDE WHEN TO ISSUE LEGAL PROCEEDINGS?

Debt Recoveries

Taking debt collection action quickly is important to increase the chance of recovering payment. The longer the process of chasing letters, emails, and calls is repeated, the less likely it is to recover the debt. If the debtor has been unable to pay, they may also owe money to others, who will also be attempting recovery action. Therefore, it is vital to act promptly to be the first in line to recover the payment.

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22 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 22 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

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What Is the Social Security Special Minimum Benefit?

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article What Is the Social Security Special Minimum Benefit? originally appeared on NerdWallet.

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Credit Recruitment and Salary Trends – what you need to know in 2023

CICM

An Overview of the Webinar CICM East of England Branch Secretary William Plom, a Senior Manager at Hays Recruitment specialising in credit management presented the Credit Recruitment and Salary Trends for 2023, in an insightful webinar session. Referring to the results of the latest Hays UK Salary and Recruitment survey. William gave an overview of: The employment market Salary growth by sector since 2020 The comparison between Credit Management and the rest of Finance and between the private an

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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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CFPB Enhances Tool to Promote Competition and Comparison Shopping in Credit Card Market

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) launched an improved survey of credit card issuers that can help consumers and families compare interest rates and other features when shopping for a new credit card.

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How to Efficiently Collect AR and Get Invoices Paid Faster

Enterprise Recovery

As accounts receivables (AR) begin to fall delinquent, your business expenses could fall delinquent as well. With every late-paying client, cash flow for payroll, rent, or other vendors falls short, threatening your company's bottom line and growth. The effectiveness of your accounts receivable department may be one of the most important measurements to determine the success of your business.

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When Will Medicare Cover Medical Marijuana?

Nerd Wallet

Kate Ashford, CSA® writes for NerdWallet. Email: kashford@nerdwallet.com. Twitter: @kateashford. The article When Will Medicare Cover Medical Marijuana? originally appeared on NerdWallet.

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CFPB Orders Repeat Offender Portfolio Recovery Associates to Pay More Than $24 Million for Continued Illegal Debt Collection Practices and Consumer Reporting Violations

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) took action today against Portfolio Recovery Associates, one of the largest debt collectors in the nation, for violating a 2015 CFPB order and engaging in other violations of law.

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Trio of Reg F Class Actions Accuse Collectors of Not Including Validation Information in Letters

Account Recovery

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 Trio of Reg F Class Actions Accuse Collectors of Not Including Validation Information in Letters first appeared on AccountsReco

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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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My Body, Their Choice: The Economic Devastation of Overturning Roe

Prosperity Now

As a woman living in a world where Roe v.

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What Is FedNow?

Nerd Wallet

Spencer Tierney writes for NerdWallet. Email: spencer.tierney@nerdwallet.com. Twitter: @SpencerNerd. The article What Is FedNow? originally appeared on NerdWallet.

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3 Ways to Build Credit if You Can’t Get a Credit Card

Credit Corp

According to TransUnion , the total number of consumers that own a credit card account reached 166 million in the fourth quarter of 2022. That accounts for an increase of over 13 million over the last three years. Even with that many credit cards in circulation, though, not everyone can get one. Why can’t you get a credit card? It may have to do with your credit score.

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Appeals Court Vacates Award for Defendant in FDCPA Case to Determine if Plaintiff had Standing in the First Place

Account Recovery

The Court of Appeals for the Third Circuit has vacated a judgment on the pleadings in favor of a defendant and remanded a Fair Debt Collection Practices Act case back to the District Court in order to determine whether the plaintiff had standing to sue in the first place. A copy of the ruling in … The post Appeals Court Vacates Award for Defendant in FDCPA Case to Determine if Plaintiff had Standing in the First Place first appeared on AccountsRecovery.net.

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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

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.

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Strengthening Black Female Retail Entrepreneurship: Pilot Design Lab

Prosperity Now

With support from the Walmart Foundation, Prosperity Now will be accepting request for proposals through April 1 st – April

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Why Are Eggs So Expensive?

Nerd Wallet

Cara Smith writes for NerdWallet. Email: cara.smith@nerdwallet.com. Twitter: @[link] The article Why Are Eggs So Expensive? originally appeared on NerdWallet.

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Consumer Finances, Student Loans and Debt Repayment in 2023

True Accord

The economy took a wild ride in 2022, and with interest rates continuing to rise, inflation expected to remain relatively high and household savings dwindling, 2023 could be just as challenging. As consumers battle high inflation and interest rates to afford necessities, budgets will be stretched and many will have to prioritize when and where they spend.

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PRA Group to Pay $24M Under Consent Order with CFPB

Account Recovery

PRA Group will pay more than $24 million in fines and restitution to consumers as part of a consent order announced yesterday by the Consumer Financial Protection Bureau for violating the terms of a 2015 enforcement order by engaging in a number of prohibited collection-related actions. A copy of the complaint in the case of … The post PRA Group to Pay $24M Under Consent Order with CFPB first appeared on AccountsRecovery.net.

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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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Strengthening Black Women Entrepreneurship in Retail: Pilot Design Lab

Prosperity Now

With support from Walmart, Prosperity Now will be accepting proposals from April 1st through April 30th from CDFIs and Entrepreneurial

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Personal loan statistics to know for 2023

Credit Corp

As of the second quarter in 2022, Americans owed over $192 billion in personal loans, according to TransUnion ®. This was a 31% increase from 2021 and is thought to be due to the financial hardships Americans experienced during the COVID pandemic that overwhelmed the nation in 2020. If you’re one of the many Americans who took out a personal loan in early 2022, the good news is that interest rates were very low, according to the St.

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5 Stocks That Could Benefit From the Fed’s Rate Decision

Nerd Wallet

Steven Porrello writes for NerdWallet. Email: wpguestuser+sporrello@nerdwallet.com. The article 5 Stocks That Could Benefit From the Fed’s Rate Decision originally appeared on NerdWallet.

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Bipartisan Bill Introduced in Senate to Revamp Oversight of Fed, CFPB

Account Recovery

Politics makes strange bedfellows, the saying goes. There might not be a stranger pair than Sen. Elizabeth Warren [D-Mass.] and Sen. Rick Scott [R-Fla.], who have joined together to introduce a bill that would replace the Inspector General at the Federal Reserve with an independent Inspector General who would be responsible for overseeing the Fed … The post Bipartisan Bill Introduced in Senate to Revamp Oversight of Fed, CFPB first appeared on AccountsRecovery.net.

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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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Chapter 13 Bankruptcy and Tax Debt

Sawin & Shea

If you’re struggling with overwhelming tax debts, you should consider all of your financial options , one of which is filing bankruptcy Chapter 13. With Chapter 13, you can pool all of your debts, including some types of tax debts, into a three-to-five-year repayment plan. You may not be able to pay off the entirety of your debts in your repayment plan, but you can make your debts more manageable and reduce or eliminate tax liens.

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TransUnion, Equifax, or Experian Dispute: What Happens When It’s Denied?

Credit Corp

You have a right to an accurate and fair credit report. But people make honest mistakes, and sometimes the information on your credit reports isn’t right. That’s why there’s a process for TransUnion, Equifax, and Experian disputes. But what happens if your credit dispute is denied? You definitely have options, so keep reading to learn more.

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Mortgage Rates May Drop Despite Fed Rate Increase

Nerd Wallet

Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. Twitter: @[link] The article Mortgage Rates May Drop Despite Fed Rate Increase originally appeared on NerdWallet.

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Pushing Back on Medical Bills Yields Results: Survey

Account Recovery

Most consumers don’t challenge medical bills they get from doctors and hospitals, according to the results of a recent poll. But of those who do challenge the bills, the majority of them are successful in getting the disputed charges removed or reduced. Nearly two-thirds of consumers have never challenged the validity or accuracy of a … The post Pushing Back on Medical Bills Yields Results: Survey first appeared on AccountsRecovery.net.

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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