Account Recovery
FEBRUARY 28, 2024
The California Department of Financial Protection & Innovation has fined a fintech company $2.5 million for not responding to consumer complaints in a timely manner that constitutes a violation of California’s Consumer Financial Protection Law, the DFPI said.
Consumer Finance
FEBRUARY 28, 2024
The CFPB explained how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks.
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Account Recovery
FEBRUARY 28, 2024
[February 28, 2024] – New York, NY – In a press release issued by the New York Attorney General’s Office, the release incorrectly and inaccurately describes a settlement by way of an Assurance of Discontinuance (AOD) between the New York Attorney General’s Office and Tromberg, Morris, & Poulin, LLC (TMP), and its subsidiary, Stephen Einstein & […]
UK debt collections
FEBRUARY 28, 2024
The number of restaurants closing across Britain hit a new quarterly high at the end of 2023, with more than 500 closing. There were 514 restaurants closing permanently across England, Scotland and Wales in the final quarter of last year, compared to 481 in Q2 2023, according to data obtained under the Freedom of Information Act by accountancy firm Price Bailey.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Account Recovery
FEBRUARY 28, 2024
DFPI Fines Fintech Company $2.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
FEBRUARY 28, 2024
Consumers held nothing back in January, filing lawsuits and complaints with the Consumer Financial Protection Bureau at a pace that hasn’t been seen in the accounts receivable management industry for a long time, according to data released yesterday by WebRecon.
Sawin & Shea
FEBRUARY 28, 2024
When filing for bankruptcy, you can discharge certain types of personal loans, meaning that you’re no longer legally responsible for paying off the debt. A variety of factors determine if you’ll be able to discharge all of certain personal loans, including whether the loan is secured or unsecured and whether you file via Chapter 7 or Chapter 13 bankruptcy.
Account Recovery
FEBRUARY 28, 2024
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.
JMA
FEBRUARY 28, 2024
There are certain time limits that a creditor has to pursue an old debt before it becomes too old to pursue legal action. This article is for you if you currently have an old outstanding debt and want to know: How long does a creditor have to take legal action What your rights are What. Read more » The post How Long Do Debts Last in Australia? appeared first on JMA Credit Control.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
Account Recovery
FEBRUARY 28, 2024
A District Court judge in New York has denied a request from a group of defendants being sued by the Consumer Financial Protection Bureau to stay its lawsuit pending the outcome of the Supreme Court’s ruling on the CFPB’s funding structure, saying the duration of the stay would not be long enough and that memories […]
Credit Corp
FEBRUARY 28, 2024
Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. A secured credit card requires you to put down a security deposit in order to get it.
NACM
FEBRUARY 28, 2024
A risk mitigation plan is essential for identifying, assessing and reducing risks. When making credit decisions, credit professionals must consider risk factors and be knowledgeable in business and credit law. By earing the Credit Business Fellow (CBF) designation through NACM's six-level Professional Certification Program, credit professionals can.
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