Account Recovery

OCTOBER 14, 2024

A new study from Achieve highlights the fragile state of many household finances in the U.S. It reveals that 42% of consumers see their primary bank account dip below $50 at least once a month, while 30% have no financial safety net for a $5,000 emergency, underscoring the challenges facing millions of Americans. Why It Matters: With 56% of respondents reporting a major financial hardship in the past year, ranging from job loss to medical expenses, the report demonstrates how unplanned expenses

Banks 182

Banks 182

Consumer Finance

OCTOBER 14, 2024

The CFPB and DOJ took action to end Fairway Mortgage Corporation’s illegal mortgage lending redlining against majority-Black neighborhoods in the greater Birmingham, Alabama area.

91

91

Account Recovery

OCTOBER 14, 2024

A District Court judge in Oklahoma has dismissed yet another “inconvenient” time or place case under the Fair Debt Collection Practices Act in which a plaintiff mails a letter to the defendant requesting or demanding that all future contact between the parties be conducted via email, ruling that both the FDCPA and Regulation F gave the defendant the authority to respond via traditional mail and not via email.

Fair Debt Collection 173

Fair Debt Collection Collections 173

Account Recovery

OCTOBER 14, 2024

Judge Dismisses FDCPA Case Over Request for Email Communication Only More Than 40% of Consumers Regularly Have Less than $50 Bank: Survey Plaid Rolls Out Pay by Bank for Bill Payments Compliance Digest – October 14 WORTH NOTING: Halloween tricks to make you the envy of everyone in your neighborhood … Six things to add to your diet if you are looking to reduce your chances of getting cancer … A lot of people in the middle class are pessimistic about their financial situations …

Banks 130

Banks 130

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Account Recovery

OCTOBER 14, 2024

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

Fair Debt Collection 130

Fair Debt Collection Debt collector Lawyers Judgment 130