Hudson Weir
APRIL 15, 2021
A debenture is a type of loan agreement used in business finance. In this article we’ll explore what debentures are and how they work. What is a debenture? A debenture is a document representing a loan agreement between a lender and a borrower, granting the lender security over the borrower’s assets. This gives the lender a means of collecting the debt if the borrower cannot pay.
Credit Corp
APRIL 11, 2021
This post originally appeared on The Financially Independent Millennial and has been republished with permission. Are you wondering why your credit score is important, and how you might improve it? At some point, you will most likely need to apply for credit. Then, when you apply for credit, you have to demonstrate to your lender that you can repay the loan.
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American Profit Recovery
APRIL 13, 2021
Sending a customer to collections can be a big step for a small business. You have spent hours cultivating new customers in your community and you don’t want to lose any business. You have a great reputation for service among your current customers and most of them are paying you on time. But there comes a time in any size business when customers are not going to pay, and you need to implement a strategy if you are going to recover that money.
Account Recovery
APRIL 16, 2021
The Conference of State Bank Supervisors has issued a set of proposed requirements aimed at developing a standardized approach to the state licensing process for nonbank financial regulatory entities. It is seeking comments on the proposal through May 31. The overarching objective of the CSBS’s plan is to modernize the Nationwide Multistate Licensing System to … The post Proposal Released to Standardize, Modernize Licensing Process appeared first on AccountsRecovery.net.
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.
Nexa Collect
APRIL 11, 2021
The debt collection industry has been through one of its most difficult periods in modern history, and the recovery looks slow and prolonged. A national and, at the same time, a global recession has been caused, not by financial crises, but rather by an unexpectedly devastating health issue. This is a time to show resilience and learn what we can in order to protect ourselves in the future.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Jimerson Firm
APRIL 12, 2021
The impact of the COVID-19 pandemic has been difficult on Florida businesses, particularly those in the hospitality, travel and restaurant industries, forcing many of them to close their doors to the public at various times and to suffer financial hardship. As businesses are beginning to re-open, a growing concern has been expressed that frivolous COVID-19-related claims may threaten their financial survival.
Account Recovery
APRIL 16, 2021
April 14, 2021 (Sacramento, CA)?– Against all odds, the Receivables Management Association International held its 2021 Annual Conference in Las Vegas, April 12-25, 2021. With more than 500 in-person attendees and more than 150 virtual attendees, leaders from RMAI capitalized on the event by honoring an outstanding member and RMAI’s executive director.
Consumer Finance
APRIL 12, 2021
The Consumer Financial Protection Bureau (CFPB) took action today against an online debt-settlement company for taking advantage of consumers, failing to disclose its relationship to certain creditors, and steering consumers into high-cost loans offered by affiliated lenders.
Nerd Wallet
APRIL 14, 2021
As some workers begin returning to the office this year, others have been offered the opportunity to work from home indefinitely. Twitter, Dropbox, NerdWallet and many other tech companies will let employees go fully or nearly fully remote, freeing them from commutes and packed elevators. Yet what are the travel options and realities if you’re. Sam Kemmis writes for NerdWallet.
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Credit Corp
APRIL 15, 2021
This post originally appeared on The Financially Independent Millennial and has been republished with permission. Are you like many, wondering how to generate income from a portfolio? It can seem like a daunting question, but the answer is resoundingly simple. Ways to Generate Income from a Portfolio. As you know, your financial independence number is an estimate of how much you need to live off (the dividends) generated by your portfolio, forever.
Account Recovery
APRIL 16, 2021
LAS VEGAS — Perhaps the most telling comment I can make about how the annual conference hosted by Receivables Management Association International (RMAI) went these past few days is the number of times I heard people asking one another, “So, what is the next conference you’re going to?” People were asking if they were going … The post Some Final Thoughts — and Photos — From RMAI’s Conference appeared first on AccountsRecovery.net.
Roths Child Law
APRIL 15, 2021
Taking out a student loan is supposed to be a financial investment in your future. Unfortunately, many college graduates learn the hard way that even after graduating, they can't find a job offering the kind of income that they had once hoped to earn. It can be very difficult for college graduates to balance their daily financial needs with the obligation to repay massive student loans.
Nerd Wallet
APRIL 15, 2021
You shouldn’t pick stocks for your portfolio based on a hot tip you got from a friend or from a TikTok video. Selecting stocks takes some consideration; it’s best not to do it on a whim. Free stock screeners can help you make informed decisions when it comes to adding investments to your portfolio. If. Alana Benson writes for NerdWallet. Email: abenson@nerdwallet.com.
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Credit Corp
APRIL 12, 2021
When planning for the future, there are certain milestones that you may be focusing on that are inevitably going to require financial preparations. From planning a wedding, purchasing your first home, starting a family, to even funding retirement, you must have an action plan set in place to help you achieve your long-term financial goals. To best prepare for these certain life milestones, it can be helpful to set short-term financial goals first to support your future plans later.
Account Recovery
APRIL 16, 2021
SOME FINAL THOUGHTS — AND PHOTOS — FROM RMAI’S CONFERENCE Perhaps the most telling comment I can make about how the annual conference hosted by Receivables Management Association International (RMAI) went these past few days is the number of times I heard people asking one another, “So, what is the next conference you’re going to?” … The post Daily Digest – April 16.
Roths Child Law
APRIL 12, 2021
With just $15 left in their bank, one Baby Boomer made peace with the fact that she had less than others. Many retirees are finding themselves in this same position, which is why it’s an important topic to discuss. It’s widely known that this generation, the Baby Boomer generation, has a wide savings gap compared to some past generations. In one case, a woman decided to move to survive when her fortune disappeared during the financial crisis.
Nerd Wallet
APRIL 12, 2021
You’ve probably seen that one friend who always lives it up on vacation. They frequently post pictures of themselves inside secluded airport lounges, champagne in hand. They always seem to be getting suite upgrades at their hotels. Meanwhile, you’re waiting at the gate as the last group to board, trying to cram your airport sandwich. Sally French writes for NerdWallet.
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?
Hudson Weir
APRIL 15, 2021
At Hudson Weir, we are first and foremost businesspeople. We recognise just how challenging it is to get your company up and running – let alone be a success. We also understand the thrill that many business owners feel as demand for their product or service starts accelerating. However, you might be surprised to learn that it can be highly detrimental for your business if you sell too much, too fast.
Account Recovery
APRIL 15, 2021
The Attorney General of Indiana has obtained a $1.3 million judgment against a collection agency and its owner that were accused of engaging in deceptive and abusive collection practices and operating without a proper license. The AG filed a lawsuit against New Britain Financial and its founder, Nelson Macwan, last September. Neither the company nor … The post Indiana AG Obtains $1.3M Judgment Against Collection Agency, Owner appeared first on AccountsRecovery.net.
Roths Child Law
APRIL 16, 2021
Despite the saying that home is where the heart is, home is often where people store much of their personal wealth. When you purchase a property and begin making payments on a mortgage, you slowly accrue equity. When you eventually sell the home, all of that equity can become money in your pocket. You can also increase the equity in your home by increasing its overall value through repairs, updates and even additions.
Nerd Wallet
APRIL 14, 2021
Credit card debt can be very expensive. But if you’re paying only the minimum when you can afford to do more, it could be that your past is to blame. When you carry a balance on one or more cards from month to month, you wind up paying far more for the items charged as. Elizabeth Renter writes for NerdWallet. Email: elizabeth@nerdwallet.com. Twitter: @elizabethrenter.
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?
PDC Flow
APRIL 13, 2021
In the past few years, high deductible healthcare plans have transformed how patient care is funded. More services are being paid for by patients or through their Health Savings Accounts. This has made patient engagement essential to the billing cycle to ensure medical bills don’t become seriously delinquent. Greater financial responsibility also means that patients have begun treating their healthcare as any other consumer good or service.
Account Recovery
APRIL 15, 2021
The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Joe Partain of C
UK debt collections
APRIL 16, 2021
New data captured has shown that 48% of Businesses have seen an increase in late payment. Clear evidence that the pandemic is fuelling a continual problem that blights trade. The New data supplied from cloud-based credit management platform, Know-it highlights that late payments remain an ever-present challenge for business owners. Late payments damage cash flow, restrict growth and can even present insolvency risks.
Nerd Wallet
APRIL 14, 2021
In simplest terms, a business entity is an organization created by an individual or individuals to conduct business, engage in a trade, or partake in similar activities. There are various types of business entities—sole proprietorship, partnership, LLC, corporation, etc.—and a business’s entity type dictates both the structure of that organization and how that company is.
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