American Profit Recovery

JANUARY 9, 2024

If your business is at a point where you know you can improve cash flow, there are many things that you can address internally that can advance your chances of better cash flow. If you’re running a small business, you may be cleaning up your books anyway to hand them off to your CPA for tax season. So why not in the process, take a hard look at your accounts receivable process and make any necessary changes.

Collection Agencies 212

Collection Agencies Collections Agency Collections 212

Account Recovery

JANUARY 9, 2024

Collector Accused of Violating FDCPA, TCPA By Placing Second Wrong Number Call Judge Dismisses FDCPA Class Action for Lack of Standing Borrowers Facing ‘Challenges’ in Making Student Loan Payments: CFPB Fewer People Paying Off Credit Cards Every Month: Bankrate WORTH NOTING: The important dates on the 2024 election calendar … What would you do if […]

Student loans 147

Student loans Student Loans Loans 147

Jimerson Firm

JANUARY 9, 2024

Trusts are an increasingly popular estate planning vehicle by which estate assets can be administered and distributed outside of probate court, often in place of more traditional wills. Like with wills, there can be disputes about the terms of the trust when a trust is created or changes are made late in the trust settlor’s life and the result is a significant change in favor of a particular beneficiary of the trust to the detriment of other beneficiaries or potential beneficiaries.

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Account Recovery

JANUARY 9, 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?

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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.

Troutman Sanders

JANUARY 9, 2024

The Federal Trade Commission (FTC) and Connecticut Attorney General William Tong filed suit against auto dealer Manchester City Nissan (Manchester City), its owner, and several employees for allegedly deceiving consumers about the price of certified used cars, add-ons, and government fees. Filed January 4, the lawsuit was brought under the FTC Act and the Connecticut Unfair Trade Practices Act.

Trade 52

Trade Retail Government 52

Troutman Sanders

JANUARY 9, 2024

On January 2, New York Governor Kathy Hochul unveiled her 2024 consumer protection agenda, which includes plans to regulate the “buy now, pay later” (BNPL) industry. Specifically, Governor Hochul plans to propose legislation to require BNPL providers to be licensed in the state and to authorize the New York State Department of Financial Services to propose and issue regulations for the industry.

Lender 52

Lender Loans Banks Financial services 52

Account Recovery

JANUARY 9, 2024

Individuals with student loans who have started making payments again are facing a number of hurdles, such as waiting on hold for as long as 70 minutes to speak to a representative and receiving billing statements that are untimely and inaccurate, according to a report released last week by the Consumer Financial Protection Bureau.

Student loans 130

Student loans Student Loans Loans 130

Micro Bilt

JANUARY 9, 2024

Over the past 20 years or so, first-party fraud has intensified in scale and scope.

Financial services 40

Financial services 40

Account Recovery

JANUARY 9, 2024

Nearly half of all credit card users are carrying a balance from month to month, up from 40% just three years ago, according to data released by Bankrate, indicating the impact that high inflation has had on consumers who have been forced to turn to credit to help make ends meet during the past few […]

Credit Card Debt 130

Credit Card Debt 130

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.

Banks

Micro Bilt

JANUARY 9, 2024

Debt collection tactics are becoming more high tech - some even have the ability to remotely repossess items bought on credit. These resources help professionals contact debtors and better communicate with them to get back the money owed.

Debt collector 40

Debt collector Repossession Debtor Collections 40

NACM

JANUARY 9, 2024

NACM's Professional Certification Program gives credit professionals the opportunity to accomplish their educational goals and excel in their career. With six levels of certification, credit professionals can map out their designation journey accordingly to their needs. In fact, those who hold certifications average 6% higher salaries than those wh.

Education 5

Education 5

Troutman Sanders

JANUARY 9, 2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities: On January 5, the Consumer Financial Protection Bureau (CFPB) published an issue spotlight on its oversight of student loan servicing practices in the early months of the resumption of federal student loan repayments after a payment pause of more than

Financial services 52

Financial services Student loans Student Loans Debt collector 52