Sat.Feb 20, 2021 - Fri.Feb 26, 2021

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8 Ways to Take Your Credit Card Rewards to the Next Level in 2021

Nerd Wallet

Want to make your credit cards more rewarding this year? The key is to make sure they still align with your spending habits and goals. Whether you’re a newbie or a veteran cardholder, following these eight tips can help you earn more, save more and get more value out of your rewards. 1. Take stock. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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How To Remove Designed Receivable Solutions

Better Credit Blog

Are collections lowering your credit score? If you have a collections entry from Designed Receivable Solutions on your credit report, you can probably attribute it to a missed payment. Late payments eventually go into collections, which can be detrimental to your credit. In addition to a lower credit score, you could also be facing irritating phone calls and letters from the agency.

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10 Things Taxes Pay For: Where Do Your Federal Tax Dollars Go?

Credit Corp

Your taxes pay for a variety of government services, as well as government debt and salaries. The federal government spends a lot of money. In 2019, for example, the government spent a total of around $4.4 trillion. You know that sounds like a lot, but how much is it really? . For comparison, $4.4 trillion was around a fifth of the total national GDP for that year.

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eCollections Debt Management Platform Announces New Business Import Tool

Account Recovery

Sentinel Development Solutions is pleased to announce the release of eImportTM, our new import tool that provides eCollectionsTM customers with a powerful new way to accept and prepare new business forcollection/recovery activity. With an advanced, intuitive interface, eImportTM gives operations the ability to easily and quickly add new business and performs advanced functions like duplicate … The post eCollections Debt Management Platform Announces New Business Import Tool appeared first

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Solve Your Firms Automation Complexities Once and For All

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.

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Heading to Vegas

American Profit Recovery

By Angela: At American Profit Recovery we do more than collect money for our clients. We have fun together, raise money together and work hard together. As the years go on one thing always remains the same, our employees look forward to our annual “Employee Week”. During this week we raise money for Summer Charities of Choice and Adopt a Family and have a lot of fun doing this.

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Collection Agency for Semen Distributors & Breeders

Nexa Collect

Unpaid invoices are fairly common for animal breeders and semen distributors. There are times when repeated follow-ups with your customer simply does not help, and your past-due accounts receivable start to dig into your profits. It is fairly common in the breeders’ industry to assign past-due accounts to a debt collection agency. The involvement of a third-party agency does the trick in most cases.

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Appeals Court Affirms MSJ For Contact Center in ADA Case

Account Recovery

The Court of Appeals for the Eleventh Circuit has affirmed a summary judgment ruling in favor of a contact center that was sued for violating the Americans with Disabilities Act because it allegedly fired the plaintiff for being anemic, even though she never mentioned having anemia until after she was fired. A copy of the … The post Appeals Court Affirms MSJ For Contact Center in ADA Case appeared first on AccountsRecovery.net.

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The Property Line: Why You Should Stop Waiting to Sell Your Home

Nerd Wallet

Real estate agents have an urgent message for homeowners: Now is the time to sell. “A lot of people are missing the best market now by waiting,” says agent Kris Lindahl. Home sellers wield formidable negotiating mojo because demand outweighs supply. Buyers outnumber sellers, as relatively few owners are putting their homes on the market. Holden Lewis writes for NerdWallet.

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How to Start Building Credit Once You Turn 18

Credit Corp

Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score , you can get lower interest rates on car loans, credit cards and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. While developing a solid credit history takes time, follow some of these tips on how to establish credit once you turn 18 to get started as soon as possible. 1.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

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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Bankruptcy and Unemployment

Sawin & Shea

Are you dealing with the double battle of losing your job while deeply in debt? Now you’ve lost your source of income while already struggling to pay your bills. In this situation, you may be wondering whether bankruptcy could be a good solution. After all, it’s nearly impossible to make progress on paying down your debt when you’re unemployed. Let’s look at how bankruptcy works when you’re unemployed and whether this could be a path to clearing away all that old debt.

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Bedard Discusses Exceptions to Cease Communication Requests

Account Recovery

When it released its debt collection rule, the Consumer Financial Protection Bureau did not make a lot of changes to how the Fair Debt Collection Practices Act restricts the use of harassing, oppressive, and abusive behavior, but it did make some subtle changes, and they are changes that collectors need to be aware of. In … The post Bedard Discusses Exceptions to Cease Communication Requests appeared first on AccountsRecovery.net.

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8 Reasons Why an RV Is Your Spring Break Best Friend

Nerd Wallet

You’re yearning to get away for spring break this year, but you’re not ready to hop on a plane. You need a change of scenery, as long as the scenery isn’t full of other people. And you’d like to travel in a COVID-responsible manner. Sound familiar? If that’s you, consider booking an RV vacation this. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Consumer Financial Protection Bureau and Virginia, Massachusetts, and New York Attorneys General Sue Libre for Predatory Immigrant-Services Scam

Consumer Finance

On February 22, 2021, the Consumer Financial Protection Bureau - in partnership with Virginia, Massachusetts, and New York - sued Libre by Nexus, Inc., and its owners for a predatory immigrant-services scam that traps victims into paying expensive, long-term fees.

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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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Care by Volvo Approves Applications in Seconds

Fico Collections

From Three Days To Just Seconds. Volvo Cars has used the cloud-hosted FICO® Platform to digitize and accelerate the customer onboarding process for its new vehicle subscription service, Care by Volvo. By automating the process, Volvo has cut the credit check process on applicants from three days down to seconds. Care by Volvo is a vehicle subscription service (Mobility-as-a-Service) designed to let customers enjoy the benefits of a new Volvo, without the challenges of owning one.

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Judge Strikes Down CDC’s Ban on Evictions

Account Recovery

A District Court judge in Texas has ruled that the Centers for Disease Control (CDC) overstepped its authority when it ordered that all evictions be stopped during the COVID-19 pandemic. A copy of the ruling in the case of Terkel v. Centers for Disease Control and Prevention can be accessed by clicking here. The defendants … The post Judge Strikes Down CDC’s Ban on Evictions appeared first on AccountsRecovery.net.

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How to Find a Black Financial Advisor

Nerd Wallet

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. In 2020, the number of Black and Latino certified financial planners in the U.S. grew 12.6% from the previous year — certainly good news. Chris Davis writes for NerdWallet.

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Fraud Nation: The Numbers behind Credit Card Fraud

Credit Corp

This post originally appeared on Finder.com. Americans fell victim to a reported $1.9 billion in fraud losses in 2019, with more than 270,000 cases reported specifically due to credit card fraud. American adults have seemingly had a consistent amount of credit card fraud victimization, according to a January 2021 survey from Finder. An estimated 15% of American adults who own at least one credit card — roughly 37.2 million Americans — report they’ve been on the wrong end of fraudulent transactio

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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How to Measure & Improve the Employee Experience | Arbeit

Arbeit Software

You know what you think about your employees, but do you know what your employees think about you? Mike Cardus , organizational development expert, walks us through how to measure & improve the employee experience at any organization, step-by-step.

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State AGs Make Argument To Congress for Broad Student Loan Debt Consolidation

Account Recovery

A group of 17 state Attorneys General have written a letter to Congress endorsing a plan that would cancel $50,000 of student loan debt for all federal student loan borrowers. The letter, written by the AGs of Massachusetts, New York, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maryland, Minnesota, Nevada, New Mexico, New Jersey, … The post State AGs Make Argument To Congress for Broad Student Loan Debt Consolidation appeared first on AccountsRecovery.net.

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5 Things to Consider When Picking a College in the COVID-19 Era

Nerd Wallet

Colleges have faced innumerable challenges during the COVID-19 pandemic. And the way they’ve responded to those issues should influence how prospective students evaluate them. Online learning, strict campus rules and lingering economic concerns have left many students wondering if their college investment will be worthwhile. As a result, fall 2020 enrollment declined by 2.5% —.

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How to Find All Your Debts: 4 Tips

Credit Corp

Paying off your debts is a critical part of a healthy credit profile. Here’s what you need to know about how to find your debts. It’s uncomfortable to admit, but it’s entirely possible that you have debts you didn’t even know about. Whether mail went missing or communication about medical debt got mixed up, it’s possible an account with your name on it is languishing somewhere in collections.

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How To Optimize Cash Flow: Your Roadmap To Resilience!

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?

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Consumer scams run wild during pandemic

Public Citizen

Consumer journalist David Lazarus of the LA Times has written We’re living in a golden age of scams as fraud reports surge amid pandemic. He notes that "[i]t’s been clear for months that the COVID-19 pandemic has been a once-in-a-lifetime opportunity for scammers, con artists and assorted slimeballs looking to cash in on this most miserable of moments in our lives.

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Bill Introduced in New York to Tax Data Collection

Account Recovery

A bill has been introduced in the New York legislature that would place a tax on the data collected and used by business for commercial purposes, although the threshold for being subject to the tax appears to be very high. The bill, S4959, was introduced earlier this week by state Sen. Liz Krueger, the chair … The post Bill Introduced in New York to Tax Data Collection appeared first on AccountsRecovery.net.

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Cash Back vs. Travel Rewards Credit Cards: Which Is Better in 2021?

Nerd Wallet

Holding a travel credit card during a year of little travel can seem paradoxical at first glance. But, even if you can’t take full advantage of everything these cards offer right now, there remain a few surprising ways to use them. So which is better in 2021? A cash back credit card or a travel. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Can You Get a Tax Break for Buying a House?

Credit Corp

After a long year, tax season is finally upon us. You’re probably getting all your ducks in a row—collecting all the information you need, choosing a tax software to use, etc. If you’re a homeowner, you might be able to catch a few tax breaks—but can you get a tax break for buying a house? If you itemize your deductions via Schedule A rather than claiming the standard deduction, you could be eligible for one or more home-related tax breaks.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.