Wed.Jan 24, 2024

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California DMV Facing RFDCPA Class Action

Account Recovery

A class-action complaint has been filed in California state court against the state’s Department of Motor Vehicles for violating the state’s debt collection law by adding unlawful fees and penalties to the renewal fees for driver’s licenses and vehicle registrations.

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The Credit Approval Process Explained

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. The credit approval process varies based on the type of credit you seek. Credit cards can take several days, loans can range from days to weeks, and mortgages can take weeks to a month.

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Daily Digest – January 24. Judge Denies Motion for Reconsideration in FDCPA Case Over Bank Levy; Healthcare Providers Most Concerned with Timely Collections: Survey

Account Recovery

Judge Denies Motion for Reconsideration in FDCPA Case Over Bank Levy Healthcare Providers Most Concerned with Timely Collections: Survey California DMV Facing RFDCPA Class Action 20 Companies Looking for Collection Talent WORTH NOTING: For all of you road warriors — the best carry-on luggage … Five takeaways from last night’s New Hampshire primaries … Knowing […]

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Is It Better To Declare Bankruptcy or Debt Consolidation?

Sawin & Shea

When you are overwhelmed by debt, you may start to wonder if declaring bankruptcy or pursuing debt consolidation is the better option. Both strategies aim to provide relief, but they work very differently. Understanding the key aspects of each can help you determine what is better, bankruptcy or debt consolidation, for your situation. The Pros and Cons of Debt Consolidation vs Bankruptcy With debt consolidation and bankruptcy, each path comes with its own set of advantages and drawbacks.

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Solve Your Firms Automation Complexities Once and For All

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.

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Judge Denies Motion for Reconsideration in FDCPA Case Over Bank Levy

Account Recovery

Does a plaintiff suffer an injury when $278.75 is taken from his bank account to satisfy a judgment of approximately $12,000, even if the defendant attempted to collect more than it was entitled to?

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20 Companies Looking for 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.

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What Is a Credit Builder Loan?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. You need decent credit to take out a loan, but you can’t build good credit if you don’t have a credit card , a loan, or another type of credit history in the first place.

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Healthcare Providers Most Concerned with Timely Collections: Survey

Account Recovery

Collecting money from patients in a timely fashion is the biggest concern for revenue cycle managers, more important than managing insurance denials and hiring and training staff, according to the results of a nationwide survey that were released yesterday.

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Can You Get a VA Loan With Bad Credit?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. While there is no minimum requirement, most lenders prefer a credit score of 620 or above. A VA home loan is a mortgage backed by the Department of Veterans Affairs (VA) for service members, veterans, and their families.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

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.

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Amended Proofs of Claim are not Always Allowed

ABI

Lianna Meehan St. John’s University School of Law American Bankruptcy Institute Law Review Staff In In re Maxus Energy Corporation , the United States Bankruptcy Court for the District of Delaware held that PSE&G could not file an amended proof of claim years after the bar date had passed on its timely-filed proof of claim. [1] The bankruptcy court held that a motion for leave to amend a proof of claim “should be granted if and only if the original proof of claim seeks amou

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How to Refinance With Bad Credit

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Speaking with your current lender about refinancing options is a great first step if you currently have low credit. Key Takeaways: Refi programs exist to specifically help low-credit applicants.

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Member Spotlight: Opening Doors for New Opportunities

NACM

Being a credit professional requires the ability to determine risk, think creatively and adapt to company-wide and industry changes. By earning designations through NACM's six-level Professional Certification Program, credit professionals gain the knowledge and skillset required to not only adapt to changes but expand their role in B2B credit manag.

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Can You Pay Rent With a Credit Card?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. You can pay rent with a credit card if your landlord agrees to your request, but using this method may incur extra fees.

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How To Optimize Cash Flow: Your Roadmap To Resilience!

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?