Debt Recoveries

MARCH 19, 2023

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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Collections Debtor Debt Recovery Collection Agencies 93

Account Recovery

MARCH 22, 2023

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.

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Nerd Wallet

MARCH 22, 2023

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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CICM

MARCH 23, 2023

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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Credit Management Collections 52

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Consumer Finance

MARCH 20, 2023

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.

Financial services 94

Financial services 94

Enterprise Recovery

MARCH 24, 2023

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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Collections 169

Nerd Wallet

MARCH 23, 2023

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

Banks 105

Banks 105

Consumer Finance

MARCH 22, 2023

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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Debt collector Collections 129

Account Recovery

MARCH 24, 2023

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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Collections

Credit Corp

MARCH 21, 2023

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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Loans 98

Nerd Wallet

MARCH 23, 2023

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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Prosperity Now

MARCH 21, 2023

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

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Retail 98

Account Recovery

MARCH 24, 2023

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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Fair Debt Collection Judgment Collections 130

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Collections

Credit Corp

MARCH 21, 2023

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. At the end of 2022, the Federal Reserve reported that roughly 43.5 million Americans have student loan debt, which totals over $1.7 trillion.

Student loans 98

Student loans Student Loans Loans Education 98

Nerd Wallet

MARCH 21, 2023

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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Prosperity Now

MARCH 21, 2023

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

Retail 98

Retail 98

Account Recovery

MARCH 24, 2023

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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Collections 130

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

Financial services

Credit Corp

MARCH 20, 2023

Your credit score is one of the most important numbers you have. It can determine interest rates on your loans or you even qualify for it. A lower-than-average score can make it difficult to purchase a new car, buy a home, or start a business. If your current FICO score is lower than you want, a credit repair company may be able to help. But is credit repair worth it, and can it really help repair your credit?

Law Firms 97

Law Firms Auto Insurance Lender Loans 97

Nerd Wallet

MARCH 22, 2023

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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True Accord

MARCH 21, 2023

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.

Student loans 79

Student loans Student Loans Loans Construction 79

Account Recovery

MARCH 23, 2023

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.

Banks 130

Banks 130

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Credit Corp

MARCH 23, 2023

Is your poor credit history preventing you from obtaining your financial goals, such as getting a credit card, buying a car, or purchasing a home? If so, there are steps you can take right now to improve your credit score in as little as three months. This article provides actionable steps you can take today to start on the path to rebuilding your credit.

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Lender Loans Debt Consolidation Creditors 98

Nerd Wallet

MARCH 23, 2023

Cara Smith writes for NerdWallet. Email: cara.smith@nerdwallet.com. Twitter: @[link] The article FTC’s Proposed ‘Click to Cancel’ Targets Recurring Subscriptions originally appeared on NerdWallet.

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Sawin & Shea

MARCH 21, 2023

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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Chapter 13 bankruptcy Bankruptcy Debtor Creditors 64

Account Recovery

MARCH 23, 2023

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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Healthcare 130

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