Taurus Collect

MAY 18, 2023

Are you a business owner or manager who needs to recover outstanding debts from your clients? Chasing after delinquent payments is easier said than done. It can be time-consuming and disheartening when direct contact does not lead to desired results. A professional debt recovery service , however, can save the day! With their specialised knowledge of the laws governing this complex process, they offer tremendous advantages that help businesses reclaim their rightful revenue and make it work for

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FFGN COLLECT NY

MAY 17, 2023

Legislative changes affecting consumer collections for tuition recovery went into effect in 2022 largely as a result of the Consumer Credit Fairness Act (CCFA). The reforms were then codified into law through updates to the Civil Practice Law and Rules of New York. As a result, the law specifies documents required to file a consumer debt collection case in New York.

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Taurus Collect

MAY 18, 2023

Late payments can be a significant problem for any business, and when it comes to collecting unpaid invoices the situation can become difficult. It is important to know when the best time might be to escalate an invoice from your internal collection process and hand it over to professional debt collection services. Knowing how and when to do this can make all the difference in getting back what you are owed without having to resort to legal action or costly delays impacting your business’s

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Payment Savvy

MAY 16, 2023

Our current era has been shaped by digitization with a fundamental impact on all sectors, including banking and finance, where it has brought unprecedented convenience, security, and efficiency. The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network.

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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.

Account Recovery

MAY 18, 2023

Michael Paterson didn’t immediately follow his siblings into the collections world, but everyone is happy that he eventually found his way here. Now a collection manager with Professional Account Services, Paterson has come to love the competitive nature of collections and all that the industry offers.

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Troutman Sanders

MAY 17, 2023

As discussed here , D.K. et al. v. United Behavioral Health et al. is a case that has been carefully watched in the health benefits space for its potential to change what health plan administrators must include in adverse benefit determination letters. On May 15, 2023, the Tenth Circuit issued its opinion affirming the district court and significantly heightening the notification requirements for adverse benefit determinations on medical necessity grounds.

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Credit Corp

MAY 16, 2023

Guest post by FitMoney.org Have you ever been online shopping and, right before you confirm your purchase, you see an offer to not pay everything today? These offers are a fairly new type of loan becoming increasingly popular across online retailers known as Buy Now, Pay Later. Buy Now, Pay Later programs offer an appealing way to shop online without paying in full at the time of purchase.

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Account Recovery

MAY 15, 2023

A Magistrate Court judge in Nevada has partially granted a plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case — but only on the grounds that there are no genuine issues of material fact that the plaintiff is a consumer, the defendant is a debt collector, and the debt in question …

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Prosperity Now

MAY 14, 2023

As Small Business Week came to a close, I found myself reflecting on the super-performers of small business -- minority-owned

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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

Fico Collections

MAY 17, 2023

Home Blog Feed test FICO World 23: Unleashing the Power of FICO Platform Creating next-generation customer experiences Tue, 05/16/2023 - 17:07 Saxon Shirley by Stephanie Covert EVP, Software expand_less Back to top Wed, 05/17/2023 - 16:25 An Engine for Next-generation Customer Experiences FICO World 2023, is an embodiment of the collective vision and dedication of leaders, change agents, and revolutionaries like our clients, who are shaping the future of customer experiences.

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Credit Corp

MAY 15, 2023

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Experian reports the average credit card limit was $28,929.80 in 2022. However, credit card limits vary widely based on factors such as credit score, age, and income.

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Account Recovery

MAY 15, 2023

The moratorium on student loan payments has cost the federal government $160 billion in lost assets and the federal government should be ordered to force individuals with unpaid student loan debts to start repaying them, according to a nonprofit think-tank that is seeking a preliminary injunction against the Department of Education.

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Prosperity Now

MAY 17, 2023

Elina Tatis is the Senior Program Manager of New York City’s Office of Financial Empowerment (OFE) within NYC’s Department of

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Collection Agencies

UK debt collections

MAY 18, 2023

The Government has announced new private rented sector reforms. The Renters’ (Reform) Bill, introduced to Parliament will abolish section 21 no fault evictions which will empower renters to challenge poor landlords without fear of losing their home. The new Bill also protects over two million landlords, making it easier for them to recover properties when they need to – so they can sell their property if they want to, move in a close family member, or when tenants wilfully do not pay rent.

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Credit Corp

MAY 15, 2023

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Credit card interest rates are a percentage of the amount a borrower owes, depending on the total amount lent, the length of the loan, and compounding frequency.

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Account Recovery

MAY 19, 2023

A District Court judge in Minnesota has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action, ruling that eviction proceedings are subject to the FDCPA and that the “competent attorney” standard does not apply to communications received before the plaintiff retained a lawyer.

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TCPA

MAY 19, 2023

Florida’s Third District Court of Appeal recently reversed class certification and directed dismissal, holding that the plaintiff had failed to establish any concrete harm from an alleged violation of the TCPA and thereby lacked standing. Pet Supermarket, Inc. v.

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Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Fico Collections

MAY 19, 2023

Home Blog Feed test Prosper Extends Credit to 200K Near-Prime Clients with FICO Scores Pioneer of peer-to-peer lending marketplace in the United States wins FICO ® Decisions Award for Financial Inclusion Fri, 05/12/2023 - 03:41 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Fri, 05/19/2023 - 12:00 Prosper's New Card a Hit with FICO's Credit Knowhow Prosper , the first peer-to-peer lending marketplace in the United States, has used FICO® Scores for its new Prosper® C

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Credit Corp

MAY 15, 2023

Many people have a PayPal account. According to data from PayPal itself , more than 420 million Americans have accounts, making it the most preferred choice of digital payment apps. PayPal offers a number of credit options, including buy now, pay-later options and working capital for small businesses. But did you know it also offers credit cards ? This article reviews the PayPal cash back credit card.

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Account Recovery

MAY 19, 2023

A District Court judge in Colorado has ruled that an insurance company does not have to cover customers that were found liable for using a faulty debt collection letter, because of a provision in the agreement that excluded coverage in the event that material was published with a “knowledge of falsity.

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Debt Collection Answers

MAY 18, 2023

Have you been receiving mailers from Oncoas12 PO Box 630844 stating you have debt that needs to be taken care of? This is RMP Services, a collection agency. Collections can harm your credit score and linger on your credit report for up to seven years, whether or not you settle them. Collaborating with a credit repair company is the optimal approach to handling the RMP Services entry on your report.

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Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

Financial services

Taurus Collect

MAY 18, 2023

When managing your business’s accounts receivable, there are many important considerations. One such matter that may arise is whether or not to send someone to collections. It can be difficult and must be handled carefully and professionally to protect you and your company’s reputation. In this blog post, we will explore the do’s and don’ts of sending someone to the collection so that you know how best to manage these delicate situations when they occur.

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Fico Collections

MAY 18, 2023

Home Blog Feed test Dock Stops Over USD$50m a Month in Fraud Using FICO Technology Brazilian fintech platform enhances pay-as-you-go fraud solution and wins FICO ® Decisions Award for Fraud Management Fri, 05/12/2023 - 08:33 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Thu, 05/18/2023 - 12:00 Innovative Pay-as-you-go Fraud Solution Dock , a global technological platform for financial services, is using FICO fraud prevention technologies to stop more than USD$50 mi

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Account Recovery

MAY 19, 2023

The Department of Education yesterday proposed a Gainful Employment rule that aims to “protect students from unaffordable debt or insufficient earnings from career training programs” by threatening to cut off funding to institutions that do not provide sufficient education beyond what workers who do not have any education beyond high school possess.

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Debt Collection Answers

MAY 18, 2023

You should not discard any correspondence from ARS National Services assuming it is a scam or fraudulent attempt to extort your money. ARS National Services is a reputable debt collection agency. They may be calling from 833-734-2955 or contacting you via mail through PO Box 469046. However, it’s important to know that you do not have to tolerate intimidating letters, repeated phone calls, or any other tactics from these collectors.

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