Sat.Feb 20, 2021 - Fri.Feb 26, 2021

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8 Ways to Take Your Credit Card Rewards to the Next Level in 2021

Nerd Wallet

Want to make your credit cards more rewarding this year? The key is to make sure they still align with your spending habits and goals. Whether you’re a newbie or a veteran cardholder, following these eight tips can help you earn more, save more and get more value out of your rewards. 1. Take stock. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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How To Remove Designed Receivable Solutions

Better Credit Blog

Are collections lowering your credit score? If you have a collections entry from Designed Receivable Solutions on your credit report, you can probably attribute it to a missed payment. Late payments eventually go into collections, which can be detrimental to your credit. In addition to a lower credit score, you could also be facing irritating phone calls and letters from the agency.

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10 Things Taxes Pay For: Where Do Your Federal Tax Dollars Go?

Credit Corp

Your taxes pay for a variety of government services, as well as government debt and salaries. The federal government spends a lot of money. In 2019, for example, the government spent a total of around $4.4 trillion. You know that sounds like a lot, but how much is it really? . For comparison, $4.4 trillion was around a fifth of the total national GDP for that year.

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eCollections Debt Management Platform Announces New Business Import Tool

Account Recovery

Sentinel Development Solutions is pleased to announce the release of eImportTM, our new import tool that provides eCollectionsTM customers with a powerful new way to accept and prepare new business forcollection/recovery activity. With an advanced, intuitive interface, eImportTM gives operations the ability to easily and quickly add new business and performs advanced functions like duplicate … The post eCollections Debt Management Platform Announces New Business Import Tool appeared first

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Heading to Vegas

American Profit Recovery

By Angela: At American Profit Recovery we do more than collect money for our clients. We have fun together, raise money together and work hard together. As the years go on one thing always remains the same, our employees look forward to our annual “Employee Week”. During this week we raise money for Summer Charities of Choice and Adopt a Family and have a lot of fun doing this.

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Collection Agency for Semen Distributors & Breeders

Nexa Collect

Unpaid invoices are fairly common for animal breeders and semen distributors. There are times when repeated follow-ups with your customer simply does not help, and your past-due accounts receivable start to dig into your profits. It is fairly common in the breeders’ industry to assign past-due accounts to a debt collection agency. The involvement of a third-party agency does the trick in most cases.

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Appeals Court Affirms MSJ For Contact Center in ADA Case

Account Recovery

The Court of Appeals for the Eleventh Circuit has affirmed a summary judgment ruling in favor of a contact center that was sued for violating the Americans with Disabilities Act because it allegedly fired the plaintiff for being anemic, even though she never mentioned having anemia until after she was fired. A copy of the … The post Appeals Court Affirms MSJ For Contact Center in ADA Case appeared first on AccountsRecovery.net.

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The Property Line: Why You Should Stop Waiting to Sell Your Home

Nerd Wallet

Real estate agents have an urgent message for homeowners: Now is the time to sell. “A lot of people are missing the best market now by waiting,” says agent Kris Lindahl. Home sellers wield formidable negotiating mojo because demand outweighs supply. Buyers outnumber sellers, as relatively few owners are putting their homes on the market. Holden Lewis writes for NerdWallet.

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How to Start Building Credit Once You Turn 18

Credit Corp

Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score , you can get lower interest rates on car loans, credit cards and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. While developing a solid credit history takes time, follow some of these tips on how to establish credit once you turn 18 to get started as soon as possible. 1.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Bankruptcy and Unemployment

Sawin & Shea

Are you dealing with the double battle of losing your job while deeply in debt? Now you’ve lost your source of income while already struggling to pay your bills. In this situation, you may be wondering whether bankruptcy could be a good solution. After all, it’s nearly impossible to make progress on paying down your debt when you’re unemployed. Let’s look at how bankruptcy works when you’re unemployed and whether this could be a path to clearing away all that old debt.

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Bedard Discusses Exceptions to Cease Communication Requests

Account Recovery

When it released its debt collection rule, the Consumer Financial Protection Bureau did not make a lot of changes to how the Fair Debt Collection Practices Act restricts the use of harassing, oppressive, and abusive behavior, but it did make some subtle changes, and they are changes that collectors need to be aware of. In … The post Bedard Discusses Exceptions to Cease Communication Requests appeared first on AccountsRecovery.net.

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8 Reasons Why an RV Is Your Spring Break Best Friend

Nerd Wallet

You’re yearning to get away for spring break this year, but you’re not ready to hop on a plane. You need a change of scenery, as long as the scenery isn’t full of other people. And you’d like to travel in a COVID-responsible manner. Sound familiar? If that’s you, consider booking an RV vacation this. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Fraud Nation: The Numbers behind Credit Card Fraud

Credit Corp

This post originally appeared on Finder.com. Americans fell victim to a reported $1.9 billion in fraud losses in 2019, with more than 270,000 cases reported specifically due to credit card fraud. American adults have seemingly had a consistent amount of credit card fraud victimization, according to a January 2021 survey from Finder. An estimated 15% of American adults who own at least one credit card — roughly 37.2 million Americans — report they’ve been on the wrong end of fraudulent transactio

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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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Consumer Financial Protection Bureau and Virginia, Massachusetts, and New York Attorneys General Sue Libre for Predatory Immigrant-Services Scam

Consumer Finance

On February 22, 2021, the Consumer Financial Protection Bureau - in partnership with Virginia, Massachusetts, and New York - sued Libre by Nexus, Inc., and its owners for a predatory immigrant-services scam that traps victims into paying expensive, long-term fees.

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Judge Strikes Down CDC’s Ban on Evictions

Account Recovery

A District Court judge in Texas has ruled that the Centers for Disease Control (CDC) overstepped its authority when it ordered that all evictions be stopped during the COVID-19 pandemic. A copy of the ruling in the case of Terkel v. Centers for Disease Control and Prevention can be accessed by clicking here. The defendants … The post Judge Strikes Down CDC’s Ban on Evictions appeared first on AccountsRecovery.net.

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5 Things to Consider When Picking a College in the COVID-19 Era

Nerd Wallet

Colleges have faced innumerable challenges during the COVID-19 pandemic. And the way they’ve responded to those issues should influence how prospective students evaluate them. Online learning, strict campus rules and lingering economic concerns have left many students wondering if their college investment will be worthwhile. As a result, fall 2020 enrollment declined by 2.5% —.

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Lying on Your Tax Return to Get More Money: Why It’s a Bad Idea

Credit Corp

In 2019, the IRS processed more than 5 million compliance activities. These are activities that occur when the IRS thinks something might be wrong with a tax return. They include: Math error notices. The IRS sends a letter noting that someone made a math error on a tax return and the IRS corrected it. Automated substitute for return. Someone doesn’t file a required tax form and the IRS uses other documents to calculate how much they owe and sends them a bill.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

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?

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How to Measure & Improve the Employee Experience | Arbeit

Arbeit Software

You know what you think about your employees, but do you know what your employees think about you? Mike Cardus , organizational development expert, walks us through how to measure & improve the employee experience at any organization, step-by-step.

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State AGs Make Argument To Congress for Broad Student Loan Debt Consolidation

Account Recovery

A group of 17 state Attorneys General have written a letter to Congress endorsing a plan that would cancel $50,000 of student loan debt for all federal student loan borrowers. The letter, written by the AGs of Massachusetts, New York, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maryland, Minnesota, Nevada, New Mexico, New Jersey, … The post State AGs Make Argument To Congress for Broad Student Loan Debt Consolidation appeared first on AccountsRecovery.net.

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Cash Back vs. Travel Rewards Credit Cards: Which Is Better in 2021?

Nerd Wallet

Holding a travel credit card during a year of little travel can seem paradoxical at first glance. But, even if you can’t take full advantage of everything these cards offer right now, there remain a few surprising ways to use them. So which is better in 2021? A cash back credit card or a travel. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Living Room Ideas On a Budget–[Top 14] in 2021

Credit Corp

This post originally appeared in The Financially Independent Millennial. . Table of contents. Gathering Budget Friendly Ideas for a Living Room Makeover 14: Consider What You Don’t Have 13: Create Eye-Catching Vignettes 12: Rearrange the Furniture 11: Add Artwork on the Walls 10: Create Multiple Seating Areas 9: The Power of Paint 8: Add a Touch of Green with House Plants 7: Layer up Rugs 6: Update Your Cushions 5: Create a Gallery Wall 4: Mix up the Lighting 3: Update with Handy Storage 2

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Consumer scams run wild during pandemic

Public Citizen

Consumer journalist David Lazarus of the LA Times has written We’re living in a golden age of scams as fraud reports surge amid pandemic. He notes that "[i]t’s been clear for months that the COVID-19 pandemic has been a once-in-a-lifetime opportunity for scammers, con artists and assorted slimeballs looking to cash in on this most miserable of moments in our lives.

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Bill Introduced in New York to Tax Data Collection

Account Recovery

A bill has been introduced in the New York legislature that would place a tax on the data collected and used by business for commercial purposes, although the threshold for being subject to the tax appears to be very high. The bill, S4959, was introduced earlier this week by state Sen. Liz Krueger, the chair … The post Bill Introduced in New York to Tax Data Collection appeared first on AccountsRecovery.net.

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5 IRA Mistakes You May Be Making

Nerd Wallet

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. For some investors, IRAs may be long-term, hands-off investment vehicles. That doesn’t mean you should ignore them completely. This year, give a little love.

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How to Save $5,000 This Year with the 52-Week Money Challenge

Credit Corp

This post originally appeared in the Financially Independent Millennial. The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Table of contents. Planning to Save $5,000 In A Year Create a Budget Increase Your Insurance Deductible Cancel Your Unused Gym Membership Cancel Unnecessary Subscription Services Reduce Your Food Waste Cut Commuting Costs Save on Bank Account Fees Signup For Credit Card Bonuses And Rewards Sell Items You No Long

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.