Wed.Jan 08, 2025

article thumbnail

CFPB Sues Experian Over Alleged Violations in Consumer Dispute Investigations

Account Recovery

The Consumer Financial Protection Bureau yesterday announced it has filed a lawsuit against Experian, one of the nation’s largest credit reporting agencies, accusing it of systemic failures in handling consumer disputes. The suit could have widespread implications for credit reporting practices, debt collection, and consumer financial protections.

Loans 130
article thumbnail

How to Get a Personal Loan: 7 Steps to Better Approval Odds

Credit Corp

Personal loans are a flexible type of financing that allows you to borrow money from banks and lenders and use that money however you see fit. You can typically use these loans however you want, with some offering interest rates as low as 5.91%. For references, thats lower than most credit cards and other higher-interest forms of financing. However, knowing how to get a personal loan can help you find a lender who meets your needs, making it easier to qualify for the lowest rate possible.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Judge Dismisses Complaint Against CRAs Over $500 Medical Debt Credit Reporting Floor

Account Recovery

On the day before the Consumer Financial Protection Bureau finalized a rule to keep any medical debt from appearing on consumers’ credit reports, a District Court judge in California dismissed a complaint against the three major credit reporting agencies over their decision to not include medical debts under $500 on consumers’ credit reports, although he did give the plaintiffs the opportunity to refile their complaint.

article thumbnail

21 Companies Seeking Collection Talent

Account Recovery

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 to be a service to aggregate industry job opportunities into one convenient location.

article thumbnail

Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

article thumbnail

Daily Digest – January 8. Judge Dismisses Complaint Against CRAs Over $500 Medical Debt Credit Reporting Floor; CFPB Sues Experian Over Alleged Violations in Consumer Dispute Investigations

Account Recovery

Judge Dismisses Complaint Against CRAs Over $500 Medical Debt Credit Reporting Floor CFPB Sues Experian Over Alleged Violations in Consumer Dispute Investigations Comments Roll in on CFPBs Medical Debt Credit Reporting Rule Release 21 Companies Seeking Collection Talent WORTH NOTING: A very common comment I hear from my wife about the never-ending decisions that need to be made on a daily basis … With winter weather upon us, here is a list of the best snowblowers on the market today …