Account Recovery
MAY 16, 2024
The Supreme Court ruled today that the funding structure of the Consumer Financial Protection Bureau is constitutional and does not need to change. Had the ruling gone the other way, there was the possibility that the CFPB could have been de-funded.
Consumer Finance
MAY 16, 2024
The CFPB sued SoLo Funds, which runs a peer-to-peer lending platform, for lying to borrowers and deceiving them about the total cost of loans.
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Account Recovery
MAY 16, 2024
Getting to Know Fred Landrum of NRA Group Judge Grants MJOP for Defendant in FDCPA Case Over Responding to Alleged Cease Letter Spring Oaks to Open Second Office in Albuquerque New Call Scanning Tech from Google Raising Eyebrows WORTH NOTING: As the temperatures rise, more people are looking for things to do outdoors — here […]
UK debt collections
MAY 16, 2024
Former Coronation Street legend Beverley Callard is currently under investigation after her acting firm failed to settle a £100,000 tax bill. The Liz McDonald star, 67, is under investigation by the HMRC after failing to pay £215,000 in debts, according to The Mirror. Beverley and her husband Jon McEwan launched the company in 2020 when she left top soap Coronation Street to supplement their income.
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
MAY 16, 2024
Debt buyer Spring Oaks Capital Corp. has announced plans to expand and will open a second corporate office in Albuquerque, with plans to hire 200 employees to work there. Spring Oaks is based in Chesapeake, Va.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 16, 2024
I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.
Consumer Finance
MAY 16, 2024
CFPB demanda a SoLo Funds, una plataforma de préstamos persona a persona, por mentirles a sus prestatarios y engañarlos acerca del verdadero costo de sus préstamos.
Account Recovery
MAY 16, 2024
A District Court judge in North Carolina has granted a defendant’s motion for a judgment on the pleadings in a Fair Debt Collection Practices Act case, ruling that the defendant did not violate the statute when it responded to the plaintiff’s dispute and refusal to pay with validation information.
Jimerson Firm
MAY 16, 2024
Representations and warranties are more than just legal formalities in business mergers and acquisitions (M&A) and deserve careful attention when drafting and negotiating these terms. Representations and warranties are essentially statements made by each party (most importantly, Sellers) about the general state of affairs, including statements about the party’s financial health, assets, and legal compliance.
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
MAY 16, 2024
Privacy experts are sounding alarms warning of censorship after Google announced this week that it will install software on Android phones to scan what is being said on calls in real time as a means of trying to protect consumers from being scammed.
JMA
MAY 16, 2024
When it comes to debt collection, many small to medium-sized business owners worry about the potential negative impact on customer relationships. The perception of aggressive tactics and relentless pursuit can create a cloud of apprehension. However, understanding the realities and best practices of reputable debt collection agencies can not only alleviate these concerns but also.
JMA
MAY 16, 2024
For small to medium-sized businesses, unpaid invoices can pose significant financial challenges. The likelihood of recovering debt depends on several factors, ranging from the debtor’s financial situation to the strategies employed by the business or debt collection agency. Understanding these factors can help businesses increase their chances of successful debt recovery.
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