Account Recovery

JANUARY 15, 2024

Judge Signs Off on Settlement, $11M in Attorney’s Fees in Student Loan Collection Case More Consumers Falling Behind on Loan Payments Consumers Getting Comfortable with Filing Disputes, Chargeback Requests: Report Compliance Digest – January 15 WORTH NOTING: How to wake up early, even if you’re not a morning person … Just how much you need […]

Student loans 147

Student loans Student Loans Loans Collections 147

FFGN COLLECT NY

JANUARY 15, 2024

As millions of people stayed home during the pandemic, they turned to digital entertainment services, meal delivery services, clothing subscriptions, and online diet and exercise programs. This gave businesses the incentive to shift to a digital subscription model. At the same time, many businesses adopted deceptive subscription marketing policies that make services easy to sign up for but difficult to cancel.

Credit Unions 97

Credit Unions Credit Unions Financial Institution Government 97

Account Recovery

JANUARY 15, 2024

Nearly 30% of consumers living in the 100 largest metropolitan areas of the United States were behind on at least one debt payment between July and September of last year, according to data released last week by LendingTree. Those debts include credit cards, auto loans, personal loans, mortgages, and student loans.

Loans 147

Loans Student loans Student Loans Personal loans 147

UK debt collections

JANUARY 15, 2024

A bogus debt collection scam gang have been brought to justice after defrauding a pensioner businessman out of around £410,000. The group, that fraudulently ripped the business owner, from Northallerton North Yorkshire, off over three years have now faced sentences in court. Wayne Mark McCreery, 50, of St Andrews Road, Stretford, Trafford, Manchester, targeted the victim, who is aged in his 70s, between 2015 and 2018.

Debt collector 92

Debt collector Collections Banks Collection Agencies 92

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.

Account Recovery

JANUARY 15, 2024

A District Court judge in Nebraska has given final approval to a class-action settlement against a student loan servicer and awarded more than $11 million in attorney’s fees.

Student loans 130

Student loans Student Loans Loans Collections 130

Account Recovery

JANUARY 15, 2024

Consumers across the United States disputed $83 billion of credit card charges in 2023, with each cardholder averaging nearly six chargebacks, each of them valued at $76, according to a report issued last week by Chargebacks911.

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Roths Child Law

JANUARY 15, 2024

The discharge of debts at the end of bankruptcy proceedings is often the primary purpose of the process for filers. Those with insurmountable levels of debt can eliminate some of their financial obligations as a result of a filing. A discharge reduces what debts someone must pay, making it easier for them to balance their budget and meet their other financial obligations.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Unsecured Debt Creditors 52

Account Recovery

JANUARY 15, 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.

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On Guard

JANUARY 15, 2024

New structure underlines a customer-centric approach for 2024 Credit management software specialist Onguard announces changes to its Management Team from 1 January 2024. As such, Onguard is adding a Finance Director and a People & Culture Director, and a redistribution of portfolios is taking place to become even more of a customer-centric organisation.

Credit Management 40

Credit Management 40

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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