Fri.Jun 21, 2024

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Experian Sues Plaintiff’s Attorney Firm, Alleging Fraud and Racketeering

Account Recovery

DISCLAIMER: This article is based on a complaint. The defendant has not responded to the complaint to present its side of the case. The claims mentioned are accusations and should be considered as such until and unless proven otherwise.

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Business Insolvencies drop 6% in May

UK debt collections

Latest figures from the Insolvency Service have shown that there were 2,006 business insolvencies in England & Wales in May 2024, a decrease of 6% when compared to April 2024 figures (2,144) and 21% lower than the same month in the previous year. The business consisted of 271 compulsory liquidations , 1,590 creditors’ voluntary liquidations (CVLs), 126 administrations and 19 company voluntary arrangements (CVAs).

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Daily Digest – June 21. Complaint Accuses Collector of Not Reporting Debt to CRAs, Leaving Blank Voicemails; Appeals Court Reverses Dismissal of FCRA Dispute Case

Account Recovery

Complaint Accuses Collector of Not Reporting Debt to CRAs, Leaving Blank Voicemails Appeals Court Reverses Dismissal of FCRA Dispute Case California DFPI Makes Changes to Licensing Assessments, Report Experian Sues Plaintiff’s Attorney Firm, Alleging Fraud and Racketeering WORTH NOTING: Meet the man who invented the highway rest area … Concerns about losing their homes to […]

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Innovating Financing for Retailers with Point-of-Sale Loan Origination

Qualco

The retail industry is experiencing a significant shift with the rising demand for flexible financing options at the point of sale (POS). A study by Forrester Research revealed that businesses adopting online POS financing solutions experienced a 32% surge in sales. By simplifying the application process and offering immediate financing options, retailers can significantly enhance the shopping experience, encouraging higher transaction volumes and increased average order values.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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Complaint Accuses Collector of Not Reporting Debt to CRAs, Leaving Blank Voicemails

Account Recovery

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?

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California DFPI Makes Changes to Licensing Assessments, Report

Account Recovery

In a development that was first reported by ACA International, the California Department of Financial Protection and Innovation is proposing an amendment that would define the “net proceeds” use to determine how much licensees pay the department annually.

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