Account Recovery
DECEMBER 3, 2024
There has been plenty of complaints about social media platforms like TikTok dispelling some crazy myths and strategies for consumers to try and get out of paying a debt, but maybe it can help consumers get out of debt, too. Could you see instructing your collectors to suggest opening up a TikTok account as a means of getting a consumer to raise money to repay a debt?
Consumer Finance
DECEMBER 3, 2024
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation.
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Account Recovery
DECEMBER 3, 2024
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!
Consumer Finance
DECEMBER 3, 2024
The CFPB permanently banned Student Loan Pro and Judith Noh, its owner, from providing consumer financial products after violations of the Telemarketing Sales Rule.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Credit Corp
DECEMBER 3, 2024
When youre late on payments or stop making payments on a loan, the lender can repossess or repo the item youre financing to settle your debt. Knowing how to get a repo off your credit report can help you boost your score and minimize the impact of those negative items on your credit score. Lets take a closer look at how to remove repossessions from your report.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
DECEMBER 3, 2024
Separate articles, each relying on surveys and data, highlight a significant shift in how consumers prefer to bank and make payments. The findings are clear: mobile apps and digital wallets are on the rise, reshaping the way consumers interact with their finances. By the Numbers: The Big Picture: Similarly, digital wallets like PayPal, Venmo, and Apple Pay, are following the same trendline.
Account Recovery
DECEMBER 3, 2024
Collector Facing FDCPA Class Action Over Dispute Language in MVN N.J. Appeals Court Affirms Dismissal of FDCPA Case Over Multiple Names in Letter How TikTok is Helping Consumers Pay Off Debts More Consumers Going Mobile: How Apps and Digital Wallets Are Leading the Charge WORTH NOTING: One of the biggest debates in the Gibb household — which is better: Google Maps or Waze?
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