UK debt collections
APRIL 12, 2022
A big spike in Debt Recovery action is expected following the end of temporary measures introduced by the government to help bolster Small Businesses during the pandemic. The Government introduced the Corporate Insolvency and Governance Act 2020 (CIGA) in March 2020 to help companies to stay afloat during the pandemic and to protect them from aggressive action from creditors.
Account Recovery
APRIL 13, 2022
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 24 Companies Looking for Collection Talent appeared first on AccountsRecovery.net.
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FFGN COLLECT NY
APRIL 10, 2022
Is it possible to protect your company from extreme events out of your control like COVID-19? If your contracts and agreements have a force majeure clause it may be possible. For the purpose of illustration, let’s use the example of a private school operating in New York during the pandemic. Private schools offer amenities and facilities above and beyond those of a public school.
Nerd Wallet
APRIL 12, 2022
Litecoin is a cryptocurrency that emerged more than a decade ago as one of the first alternatives to Bitcoin. Like Bitcoin, Litecoin was conceived as a form of secure payment — though some users keep it in their portfolio because they believe Litecoin is a good investment. What is Litecoin? Litecoin, also known as LTC, Andy Rosen writes for NerdWallet.
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.
Consumer Finance
APRIL 11, 2022
Today, the Consumer Financial Protection Bureau (CFPB) is filing a lawsuit against TransUnion, two of its subsidiaries, and executive John Danaher, who recently departed TransUnion, for violating a 2017 Bureau order.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Public Citizen
APRIL 10, 2022
by Jeff Sovern. Probably my favorite podcast is Ballard Spahr's Consumer Finance Monitor Podcast. I learn a tremendous amount from it. Yes, it favors the industry view, as it is certainly entitled to do, but many episodes are devoted to interviewing consumer advocates as well. If you don't listen to it, and you like this blog, you are missing out.
Nerd Wallet
APRIL 13, 2022
Orbitz has its roots in cheap flights, but now the online travel deals aggregator offers deals on all sorts of travel, including lodging, rental cars and vacation packages. Perhaps the biggest thing that sets Orbitz apart from other online travel agencies is its genesis: Orbitz was created by a handful of the world’s most prominent. Sally French writes for NerdWallet.
Consumer Finance
APRIL 11, 2022
Today, the Consumer Financial Protection Bureau (CFPB) has filed a major lawsuit against repeat offender TransUnion, two of its subsidiaries, and a longtime executive, John T. Danaher, for violating a 2017 law enforcement order.
Account Recovery
APRIL 15, 2022
In one of those rare times when consumer advocates and the accounts receivable management find themselves on the same side, a group of legal services and civil rights organizations have filed an amicus brief in opposition to a request for a preliminary injunction that would allow a non-profit organization to train non-lawyers to help consumers … The post N.Y.
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.
Jimerson Firm
APRIL 13, 2022
On Monday, April 11, 2022, the Columbus Dispatch published an article in its crime section about the comparative ease of removing a presiding judge over a trial in Florida as opposed to Ohio. Managing partner Charles B. Jimerson, who has written extensively on the subject, was interviewed for the story and weighed in on the considerations meriting a judge’s recusal in Florida. “Husel trial: Removing a judge from a case in Ohio is different from that in Florida” by Dean Narciso,
Nerd Wallet
APRIL 15, 2022
What is an asset? An asset is anything you own that has monetary value. An investor trades assets expected to grow in value and produce income. Common investment assets are stocks, bonds, cash, real estate and commodities. Why assets matter Assets are meant to grow in value after you buy them. Of course, this is. Taryn Phaneuf writes for NerdWallet.
Public Citizen
APRIL 13, 2022
The Conversation has an interesting piece titled S tore credit cards generate corporate profits and disgruntled workers , by a pair of sociology professors, Joya Misra and Kyla Walters. Excerpt: Major apparel companies also sell credit, often with very high fees, like The Gap’s 21.7% starting interest rate, and US$27 to $37 late payment charge.
Account Recovery
APRIL 13, 2022
In a case that was defended by the team at Gordon & Rees Scully Mansukhani, a state court judge in Wisconsin has granted a defendant’s request to compel arbitration after it was accused of violating the Fair Debt Collection Practices Act and state law in Wisconsin when it did not respond to a hardship application … The post State Court Judge Grants Motion to Compel Arbitration in FDCPA Case appeared first on AccountsRecovery.net.
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Better Credit Blog
APRIL 11, 2022
When you learn how to read your credit report you can find credit reporting errors quickly — before they hurt your borrowing power. Don’t feel bad if your credit report makes little to no sense. These complex records confuse a lot of people. If one of your credit reports already includes errors — debts that don’t belong to you or past due balances that aren’t even late, for example — you’ll need to get them corrected to restore your good credit.
Nerd Wallet
APRIL 15, 2022
The best car insurance companies give their customers more than just coverage they want at a reasonable price. They also provide a customer-first experience from quote to claim, including a headache-free way to manage policies and make payments. How we ranked the top auto insurers: NerdWallet’s editorial team considered pricing, discounts, complaint data from the National.
Account Recovery
APRIL 13, 2022
A hospital and the collection law firm it uses have removed a class-action lawsuit filed against them to federal court in New Jersey, after they were accused of violating the Fair Debt Collection Practices Act and the Health Insurance Portability and Accountability Act by including the plaintiff’s health insurance policy number on documents in a … The post Plaintiff Files Class Action FDCPA, HIPAA Suit Against Hospital, Collection Law Firm appeared first on AccountsRecovery.net.
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.
Better Credit Blog
APRIL 11, 2022
If you’re wondering how to get out of debt, you’re not alone. In 2021, the national household debt balance reached $14.96 trillion – the largest increase since 2007. Since more Americans are under pressure to resolve their debt, we’ve outlined several strategies that reduce or eliminate this financial liability. What is Debt? Debt is the amount of money you owe to a lender or creditor.
Nerd Wallet
APRIL 13, 2022
Most travelers know that Spirit Airlines is a low-cost airline. They’re likely aware that a Four Seasons is almost always more expensive than a Motel 6. But when it comes to rental car companies, which one usually has the lowest prices? Is Thrifty all that thrifty? Will Budget best help you stick to your budget? Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.
UK debt collections
APRIL 14, 2022
If you’re running a Business and searching for a debt collection agency (DCA), it is essential you choose the right solution. As with any Business sector, not all debt collection agencies are equal. Maximum effort will deliver maximum results. Also, the greatest service will deliver the greatest results. But how do you arrive at this conclusion?
Account Recovery
APRIL 13, 2022
If you drew a Venn diagram of two circles, and used recent comments and announcements from the Consumer Financial Protection Bureau to fill them in, you would have one circle that was labeled “credit reporting agencies” and one circle that was labeled “repeat offenders.” Those are the two targets that the Bureau has put in … The post CFPB Sues TransUnion, Former Exec, for Violating Consent Order appeared first on AccountsRecovery.net.
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?
Better Credit Blog
APRIL 11, 2022
AnnualCreditReport.com is there to provide you with a free credit report once every twelve months during regular times, but due to the COVID-19 pandemic, the site is offering free weekly credit reports to anyone who signs up. Personal Finance isn’t exactly the most exhilarating of topics. However, keeping up with your FICO score as reported by the three credit reporting bureaus (Experian, Equifax, or Transunion), whether you have a good credit history or shaky credit accounts, is vital.
Nerd Wallet
APRIL 11, 2022
Millennials may still feel quite young (despite those pesky gray hairs and less-than-fine lines), but in so many ways, we have adulted. So it’s time for our money management to grow up a bit, too. Your financial to-do list is small but mighty in your 20s. Setting up automatic transfers to a high-yield savings account, Sara Rathner writes for NerdWallet.
UK debt collections
APRIL 13, 2022
The scale of the SME late payment crisis facing North Eastern English firms has been highlighted by new reports. Latest figures show that North East based companies have almost 670,000 invoices on their books that had gone past their payment deadline without being settled in February. The figures from insolvency business R3 come along side data which shows that, at the same time, more than 38,000 regional businesses had overdue and unpaid invoices.
Account Recovery
APRIL 15, 2022
The governor of Virginia has vetoed two bills related to medical debt collection, although there may be enough voted in the state legislature to override both vetoes, according to published reports. One bill, introduced by state Rep. Nadarius Clark, would have lowered the statute of limitations on medical debts to three years, from five. The … The post Va.
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